As a fiduciary for the State’s retirement system assets, the Commission recognizes that traditional financial and environmental, social, and governance factors are essential to assessing the risks and opportunities of an asset and that they should be fully integrated into the investment decision-making process. In coordination with the investment consultant, the Commission evaluates each manager's ability to integrate these factors into their investment process through the procurement process. Once the investment is made, the Commission conducts ongoing evaluations of each manager every quarter through the Investment Performance reporting process and issues an annual survey of its managers to evaluate their stewardship capabilities and future goals to evolve their investment processes to address material considerations. Please find below a link to the annual surveys. Using the survey responses, as well as ongoing diligence meetings, the Commission engages managers where there are concerns the long-term value of the investment may be at risk.