MMC is pleased to introduce our first sustainability report and new sustainability policy. Our report this year focuses on climate change and MMC's efforts in this area. Although this is our first published report, MMC has a long history of acting responsibly for the environment. Much of our effort today, as in the past, comes through the energy, commitment, and innovation of our operating companies, in particular Marsh, which has played a leadership role on climate change both within our organization and the insurance industry.

At MMC, we believe that climate change is one of the most significant emerging risks facing the world today and that, as a leading global business advisor, we have a duty to our clients and the public to heighten the discussion around climate risk issues and lead the way in developing risk management solutions.