Climate change has the potential to impact the operations of the Group and the markets it operates in over a period of time, including physical risks, such as acute and chronic changes in weather and transitional risks, as well as market and economic responses. Attempts to address climate change through laws and regulations, such as requiring emissions reductions, can lead to economic risks and uncertainties for the Group businesses. These risks may include reduced profits or losses, reduced demand for the Group goods, and increased production costs due to legislative or regulatory measures.