Diversification efforts have been made by various stakeholders, including investment advisers, sovereign wealth funds, and political actors, to reduce access to capital markets and increase the cost of lending to companies that extract fossil fuels. Additionally, institutional lenders who finance oil and gas companies have become more attentive to sustainable lending practices. These initiatives may have adverse effects on our business operations, ability to access capital, and market value of our securities. Additionally, the increased attention given to climate change risks may result in additional investigations and private litigation against Occidental without a proven cause.