Maybe I can provide a little more information on how we actually conduct our due diligence on these transactions.
As I said at the beginning, for the mining sector or for any other sector that we deal with at EDC, we look at the risk indicators and we prioritize the transactions that are of higher risk. We look at the country of operations, the industry and the track record of counterparties. Very importantly, we also look at the presence of vulnerable people who could be impacted on the ground. We're talking about indigenous people, women, children and other minority groups.
We also look at the customer's ability to avoid, prevent and mitigate the risks through their risk management systems. We assess the customer's stakeholder engagement and the grievance mechanisms that they have in place as well. Once we identify that there are still gaps in the way they are actually managing their risk according to international best standards, we will seek agreement on actions that need to be undertaken and then include some of these agreements into some of our own documentation. We then ensure that mechanisms are in place to be able to address or remedy that when those situations occur.
What's important for us to understand here is that the due diligence process that we put in place at EDC starts at the beginning of a relationship or at the start of a transaction, but it doesn't end at the signing; it's something that we actually continue during the relationship that we have with our customers, and when events or impacts occur, we go back and do some of the work and engage again with our customers abroad. We look at how they're addressing and remediating some of these impacts. That's how we actually conduct it and make sure that we are meeting the goals and international standards that we've adhered to.
