Progress at a glance 2020/21 Enhanced our governance Improved our portfolio Improved our own Continued to collaborate and strategy by: and risk management oversight by: with the industry by: processes by: Addressing ESG and Finalising a climate-aware Expanding our ability to Responding to the DWP’s climate-related risks in our version of our equity produce TCFD-related metrics consultation on climate risks investment risk register benchmark and analysis Deepening the reporting provided Launching an innovative Rolling out new ESG and carbon Participating in the Institutional to our oversight committees project to assess how our whole reporting requirements for our Investors Group on Climate Change portfolio aligns with the external fund managers and achieving (IIGCC) Paris Aligned Investment Paris Agreement a 100 per cent response rate across Initiative (PAII) and joining its new our Liquids portfolio Net Zero Stewardship working group