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Is There a Barrier to ESG in the Stock Markets?
ESG is not something that you do on the side or at the end. It is embedded in every single investment process and every single investment decision is made against it. Every single portfolio is measured for impact as exposure to all the risks. And we've got about 150 different data sources taken from around the world to measure this stuff. I think what is changing is the days of people waving their hands around, painting the walls green and saying, we're woke, they've gone. We are actually now getting into the hard reality of numbers. This is proper real analysis. That's where it's going to go. But it will go from ESG into impact.