Risk Factors Update Summary
- Growing use of AI and machine learning presents risks, including algorithm development and regulatory complexities.
- Increased attention to ESG and sustainability matters may impact business, reputation, and liabilities.
- Climate change risks include market shifts to sustainable energy, EVs, and potential increased energy costs.
- Climate-related commitments require significant investment, such as net zero by 2040 and reducing packaging waste.
- AI risks include flawed algorithms, biased datasets, unclear IP rights, and potential regulatory non-compliance.
- Compliance with evolving environmental and social laws may increase costs and impact operations.
- Failure to comply with tax regulations or meet tax commitments could adversely impact business and profitability.
Full Text Changes in Most Recent 10-K
Intended use: review the highlighted statements. These are additions to the risk factors disclosure in the most recent 10-K filing compared to the previous 10-K filing. Deleted and moved text is less important and is shown for context.
To view the full company filings, click on the following link to be taken to the SEC EDGAR database landing page for the company: https://www.sec.gov/edgar/browse/?CIK=1543151&owner=exclude
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