Mr. Turnbull, you've hit a very important point, which is the level of uncertainty around measurement for global investors. There's an expectation, a genuine and legitimate one, from the public and from our shareholders, the contributors and beneficiaries, to better understand how we're managing risk around climate change. We want to be as transparent as we possibly can. In terms of the taxonomy, having a standard that is broadly available is fundamentally critical for us to be able to demonstrate, from year to year to year, the progress we are making and also, very importantly, the progress of the portfolio companies, and the assets we're investing in, to be able to give us transparency.
Our portfolio is made up of assets. The carbon exposure we have is determined by having a clear line of sight into that data. The taxonomy is so critical to that.
