Thank you, Chair, and I want to thank all the witnesses for being here.
I wanted to pick up with some questions for Mr. Delorme and kind of dig in a little bit more to “transition plans”.
You've spoken about how these voluntary pledges that financial institutions are making may not be sufficient. Can you elaborate for the committee on what a climate transition plan is, why climate transition plans are so important and why this goes farther than what's happening right now?