Company: CRESW
Filing Date: 2025-10-24
Form Type: 20-F
Source: 0001654954-25-012195
Chunk: 103

Company: CRESUD INC
Filing Date: 2025-10-24
Form: 20-F
Item: Item 3
Chunk 103
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 disruption in the ability of our significant customers to access liquidity could cause serious disruptions or an overall deterioration of their businesses which could lead to a reduction in their future orders of our products and the inability or failure on their part to meet their payment obligations to us, any of which could have a material adverse effect on our results of operations and liquidity.

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Delays or failures in the delivery of raw materials used by us and our suppliers could have an adverse effect on us.

We depend on suppliers to provide us with fertilizers, seeds, other raw materials and machinery services. Possible delays in the delivery of such items may delay our planting efforts until we are able to establish agreements with other suppliers, or may delay our harvest in case of delay in delivery of machinery. Accordingly, any delays, failures or defects in the delivery of raw materials or inputs or with regard to the provision of services to us by our suppliers could adversely affect our business and results of operations.

Climate change may have adverse effects on our business.

We, our clients, and the communities in which we operate may be negatively affected by the physical risks of climate change, such as rising temperatures and sea levels, as well as the increasing frequency and severity of adverse weather events, including wildfires, storms, floods, and droughts. These effects may directly impact us and our clients by disrupting business and economic activity, or by affecting income and asset values.

Climate change entails multiple financial risks that could adversely affect us:

·                                                                                                                     Transition risks: The shift to a low-carbon economy—both at an idiosyncratic and systemic level, for example through political, regulatory, and technological changes, as well as evolving corporate and consumer preferences—could increase our expenses and affect our strategies.                                                                                                                  
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·   Physical risks: Specific events, such as floods and wildfires, extreme weather impacts, and long-term changes in climate patterns—such as extreme heat, rising sea levels, and more frequent and prolonged droughts—could result in financial losses that reduce the value of our assets and our clients’ creditworthiness. These events could disrupt our operations or those of our clients or third parties on whom we depend and with whom we do business.                                                          
·   Liability risks: Parties suffering losses due to the effects of climate change may seek compensation from government entities, regulators, investors, lenders, and others.                                                                                                                                                                                                                                                                                                                                              
·   Credit risks: Physical climate change could lead to increased credit exposure, and companies with business models not aligned with the transition to