Company requires focus on long-term value creation for our shareholders, residents, communities and our team members at all levels of the organization. At Equity Residential, we know that a focus on ESG is an important way to address the concerns of all these constituencies. To that end, we are pleased to continue being recognized for our leadership in driving ESG best practices. We have been recognized as a top performer by GRESb since 2013 and in 2021 were named the Residential, Overall Regional Sector Leader in the Development benchmark. We were named the 2021 Gold Nareit Corporate Diversity, Equity and Inclusion Award Recipient, and became a 2022 ENERGY STAR Partner this year. We made considerable progress towards our goals in 2021, including: + Reducing our greenhouse gas emissions to work towards achieving our board-approved science-based, Scope 1, Scope 2 and Scope 3 emissions intensity target. + Conducting our second Materiality Assessment to identify priority ESG topics for our Company. + Continuing our comprehensive assessment of climate- related risk through the expansion of our market-by- market assessment across all markets, which should be completed by the end of 2023 or sooner. + formalizing a new biodiversity policy and a new operational health & safety (OHS) management system. + Continuing to address the lack of affordable workforce housing through a $5 million investment in a fund focused on preserving affordable housing. + Investing $10 million in a new fund focused on early- stage sustainability and climate change mitigation technology relevant to the built environment as well as adding technical staff capable of evaluating and implementing promising technologies. + Engaging our residents on sustainable initiatives and integrating health and wellness programming into our resident events. + Deepening integration of diversity across all phases of the employee lifecycle through innovative and inclusive practices.