Company: SWAGW
Filing Date: 2025-04-14
Form Type: 10-K
Source: 0001213900-25-031596
Chunk: 222

Company: Stran & Company, Inc.
Filing Date: 2025-04-14
Form: 10-K
Item: Item 1A
Chunk 222
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on emissions of greenhouse gases such as carbon dioxide, a by-product of burning fossil fuels such as those used in the trucks of our
logistics vendors, may have a material adverse effect on our business and operations. For example, if the logistics vendors we contract
with become subject to increasingly restrictive laws protecting the environment, including those relating to climate change, we expect
that they would incur increased shipment costs and may pass such costs on to us, which could have a material adverse effect on our business.
If our customers or stockholders were to require us to use vendors that source, manufacture, or supply their products in accordance with
certain sustainability standards, we expect that such standards would likewise force us to incur additional costs and we may fail to pass
such additional costs on to our customers, which could also have a material adverse effect on our business.

27

On March 6, 2024, the SEC adopted rules that will
require us to disclose:

●Climate-related risks that have had or are reasonably
likely to have a material impact on our business strategy, results of operations, or financial condition;

●The actual and potential material impacts of any
identified climate-related risks on our strategy, business model, and outlook;

●If, as part of our strategy, we have undertaken
activities to mitigate or adapt to a material climate-related risk, a quantitative and qualitative description of material expenditures
incurred and material impacts on financial estimates and assumptions that directly result from such mitigation or adaptation activities;

●Specified disclosures regarding our activities,
if any, to mitigate or adapt to a material climate-related risk including the use, if any, of transition plans, scenario analysis, or
internal carbon prices;

●Any oversight by our board of directors of climate-related
risks and any role by management in assessing and managing our material climate-related risks;

●Any processes we have for identifying, assessing,
and managing material climate-related risks and, if we are managing those risks, whether and how any such processes are integrated into
our overall risk management system or processes; 

●Information about our climate-related targets or
goals, if any, that have materially affected or are reasonably likely to materially affect our business, results of operations, or financial
condition; required disclosures would include material expenditures and material impacts on financial estimates and assumptions as a direct
result of the target or goal or actions taken to make progress toward meeting such target or goal;

●The capitalized costs, expenditures expensed, charges,
and losses incurred as a result of severe weather