Sustainability-related risks

Uncertain environmental, social or governance events or conditions that, if they occur, could cause a potential material negative effect on the undertaking's business model or strategy and on its capability to achieve its goals and targets and to create value, and therefore may influence its decisions and those of its business relationships with regard to sustainability matters. Like any other  risks, sustainability-related risks are  the  combination  of  an  impact’s  magnitude  and  the  probability  of occurrence.