I'm certainly willing to answer it.
Thank you for the question, Ms. Sinclair‑Desgagné.
It's important to understand that public investments are very liquid investments. That means they can be bought or sold very quickly. On the other hand, an analysis of all the risks is done for each private investment.
The risk review includes all environmental, social and governance risks, or ESG risks. Our management team, at the level of the vice‑president for responsible investment, makes a point of reporting their findings to us, which are listed in the risk register, which is submitted to the designated committee for approval, and the ESG risks associated with each investment are then taken into account.