Over time, climate change can affect the operations of the Group and the markets it operates in, which may include physical risks such as acute and chronic changes in weather, technological changes, regulatory changes, and market and economic responses. The enforcement of laws and regulations, such as those relating to greenhouse gas emissions, can cause economic risks and uncertainties for the Group businesses. These risks may include the cost of purchasing products or equipment to meet emissions standards, decreased profits or losses due to decreased demand for Group goods, and higher production costs resulting from imposing legislative or regulatory controls.