Describe the process(es) your organization has in place to ensure that your external engagement activities are consistent with your climate commitments and/or climate transition plan?[…]As recognized by many other financial institutions, we acknowledge the inherent industry-wide challenges in areas such as data and the lack of consistent assessment and measurement methodologies. Despite these challenges, we believe it is critical that we continue to improve our competency, knowledge, and tools necessary to identify, measure, monitor, and mitigate climate risk and integrate the necessary risk management practices into our risk framework. To that end, we believe that active engagement with other financial institutions and the regulatory community is vital to monitoring best market practices and understanding regulatory expectations and in supporting our customers and communities through the challenges that may manifest from climate change. We are active members of the Risk Management Association (RMA) Climate Risk Consortium, the Bank Policy Institute (BPI) Climate Risk Working Group, and the American Bankers Association (ABA) Climate Risk Working Group.