We monitor potential impacts of climate change and evaluate efforts to combat climate change on our operations and strategy. We consider the potential impact climate change could have on our globally diverse network of manufacturing sites, Veterinary Medical Research and Development (VMRD) locations, and customer distribution centers. We have identified climate change as one factor with the potential to negatively impact our customers’ operations, particularly those in the livestock industry, through climate-related impacts such as increased air and water temperatures, rising water levels and increased incidence of disease in livestock. If such events affect our customers’ businesses, they may purchase fewer Zoetis products, and our revenues may be negatively impacted. In addition, we have identified the ongoing risk of new or expanded laws and regulations, including those related to environmental, health and safety, on our business, and this risk incorporates any legal and regulatory changes aimed at decreasing or delaying global warming. These risks are part of our enterprise risk management program described below. At Zoetis, our business purpose is also a social purpose. The medicines, vaccines, products and services we develop, manufacture and deliver play a key role in supporting veterinarians, pet owners and food producers in keeping the animals in their care healthy. This support contributes to lifelong companionship between owners and their pets and helps to ensure a safe and sustainable food supply for the world. Given this role, our industry and company were deemed an essential business by governments around the world as the COVID-19 crisis spread. In the face of significant challenges, our colleagues continued to deliver on our mission to support our customers and the animals in their care. Our Board of Directors has determined that oversight of our overall sustainability program is most effective at the Board level. The Board is increasingly focused on our sustainability strategy as we have designated sustainability as one of our strategic priorities. Zoetis generates revenue from the sales of veterinary pharmaceuticals, vaccines, and diagnostics. The company’s focus on animal health addresses diverse healthcare needs for pets and livestock, sustaining its financial performance. The Zoetis Code of Conduct mandates that all promotional materials and communications must be accurate, not misleading, and compliant with all applicable legal and regulatory standards, including any applicable standards addressing off-label promotion, substantiation, scientific rigor and fair balance.