LXP's ESG+R Taskforce considers, plans, reviews, reports and curates our short- and long-term ESG+R goals. Meeting twice a month, this seven-person team is responsible for ensuring our ESG+R strategy remains on track and aligned with best practices. In support of that endeavor, the Committee, along with our Chief Financial Officer and Chief Accounting Officer, meets with external consultants monthly to review progress and strategy. [...] Formed in 2019, LXP's ESG+R Taskforce meets bi-weekly to plan, create, discuss, and monitor the implementation, measurement and reporting of LXP's ESG+R objectives. They provide regular updates to the Board of Trustees and the Nominating and ESG Committee on progress, and metrics are provided against goals and targets for climate-related risks. [...] Transition risks are managed through regular monitoring of energy disclosure and benchmarking, audit and performance target ordinances with which properties may need to comply, as well as annual reevaluations of portfolio-level positionings in relation to energy markets, carbon pricing, REC purchasing and technological adaptations. Updates to existing processes are discussed and evaluated at least annually to consistently improve the management of climate related risks. The use of climate risk tools and analytics will continue to inform LXP's resilience strategy for managing real assets and the impacts of climate-related risks.