###### 1.2 The AIL Board
AIL has a robust governance structure that ensures appropriate oversight of climate-related risks and opportunities that continues to evolve. With insight and input from across the business we integrate climate issues into our investment decision-making and strive to deliver on our climate commitments.
AIL is governed by the AIL Board. The AIL Board is responsible for overseeing that climate-related risks and opportunities are identified, assessed, and managed with appropriate risk mitigation measures in place. Our assessment and management of climate-related risks fall into two strands a) how we operate as a business and b) our services to our clients.
As part of its oversight responsibilities for climate-related risks and opportunities, the AIL Board will receive periodic updates on management's progress towards our climate commitments (and other climate-related issues if required). In addition, the AIL Board, via its dedicated risk sub-committee, the Risk and Compliance Committee, receives quarterly reporting and escalations on the risks to AIL's business, which include climate-related risks where relevant.
AIL receives support from other Aon businesses via the Aon Business Services function, which includes vendor management, risk, compliance, legal, finance and technology functions amongst others.
A more detailed description of how AIL manages its business and climate-related risks below the AIL Board level is set out on the following pages. [...] ###### 1.3 Our Governance Structure
The AIL Board delegates day-to-day management of its climate-related responsibilities to the Chief Executive Officer who is supported in the delivery of these responsibilities by the other executive directors on the AIL Board, including the Chief Risk Officer and a number of management committees. Members of these committees are experienced colleagues from across the business, including representatives from legal, compliance, risk, operations, portfolio management, responsible investment, investment manager research and asset allocation.
Figure 2 to the right shows our climate governance structure. We have provided additional narrative for the committees that explicitly deal with the management of climate-related risks and opportunities, covering their role in this process. With the exception of the AIL Board and the Risk and Compliance Committee, all the other committees presented on the diagram are management forums responsible for the management of climate-related risks and opportunities on a day-to-day basis, reporting through the relevant executive directors to the AIL Board to support it with the delivery of its oversight responsibilities.
On the left-hand branch of the tree are the committees that are responsible for developing and implementing AIL's climate solutions and innovations for our clients.
On the right-hand branch sit the committees that are responsible for assessing climate-related risks to AIL, including risks arising from developing climate solutions for our clients.