We're a little bit concerned around false perfection in trying to achieve the best possible standard in understanding the difficulties in multilateralism in these bodies and trying to arrive at.... What we would say is that hopefully it's as competent as possible, but having any global standard is better than not having any.
It's critical for global investors, because we don't have control over, for example, carbon intensity. It resides in thousands of different companies. Our ability to measure the risks that we hold in the portfolio requires good measurement and consistent measurement, so that we can be transparent with our stakeholders year after year.
