still with us is richard lacaille.vestor cannot take into account an individual store for investment decisions, but what about over all? the overall trend with marching climate, how does an investor take that into account? rick: it is important to get yourself lined up for trouble. we talk about weather portfolios, looking at the downside risk in terms of volatility. when it comes to climate change, we have to take account of that. we need to ensure that boards understand the risk to their business of potential changes to the private and how they will deal with that, and that is part of our stewardship and engagement program, because we invest in thousands of companies around the world and that is important in our engagement, to make sure the long-term value for shareholders is realized by paying attention to a number of important factors. david: do you think the markets are properly assessing, discounting or giving premiums the companies based on their ability to withstand climate change? is that in the marketplace? r