Our experience demonstrates that an active, long-term commitment to ESG integration is good business and can offer clients a return on their investments and make an impact. As part of this integration, we assign ESG ratings to every company in our coverage universe and utilize those ratings to inform portfolio managers and drive company engagement. ClearBridge is a signatory to the UN PRI. Over the last several years, we have also begun to integrate the UN Sustainable Development Goals into our research and engagements as a practical framework for measuring impact that complements and supports the ESG issues we consider.