How are financially material ESG factors incorporated into this strategy?

In the last twelve months: We exited a position in Eiffage SA (OTC:EFGSY) after uncovering evidence that the firm has failed to properly supervise some of its projects in the middle east, resulting in significant human rights challenges. We continued adding to our position in Badger Meter (NYSE:BMI) as their value-added water meters continued to add value to many municipal water systems. We re-entered our position in ELF cosmetics (NYSE:ELF) after a significant selloff in their stock price coincided with a stronger impact case and continued sales momentum.