J.P. Morgan Asset Management has decided the best way to meet our climate-related requirements is to adopt a globally consistent approach, and to address any nuanced local requirements via local addendums. Our parent JPMorgan Chase & Co. released its first TCFD report in 2019. In 2022, J.P. Morgan Asset Management is presenting its own TCFD report, marking a significant milestone in our journey towards providing more transparency and disclosure that is aligned to our stewardship expectations for investee companies.