This ESG Report contains forward-looking statements that reflect PPG's current views with respect to future events and financial performance. These statements involve risks and uncertainties. You can identify forward-looking statements by the fact that they do not relate strictly to current or historic facts. Forward-looking statements are identified by the use of the words "aim," "believe," "expect," "anticipate," "intend," "estimate," "project," "outlook," "forecast" and other expressions that indicate future events and trends. Many factors could cause actual results to differ materially from PPG's forward-looking statements.
Forward-Looking Statements
Many factors could cause actual events to differ materially from PPG's forward-looking statements. Such factors include statements related to the potential effects on our business of COVID-19, geopolitical events, global economic conditions, increasing price and product competition by our competitors, fluctuations in cost and availability of raw materials, energy, labor and logistics, the ability to achieve selling price increases, the ability to recover margins, customer and PPG inventory levels, our ability to maintain favorable supplier relationships and arrangements, the timing of and the realization of anticipated cost savings from restructuring initiatives, the ability to identify additional cost savings opportunities, the timing and expected benefits of our acquisitions, difficulties in integrating acquired businesses and achieving expected synergies therefrom, economic and political conditions in the markets we serve, the ability to penetrate existing, developing and emerging foreign and domestic markets, foreign exchange rates and fluctuations in such rates, fluctuations in tax rates, the impact of future legislation, the impact of environmental regulations, unexpected business disruptions, and the unpredictability of existing and possible future litigation. However, it is not possible to predict or identify all such factors. Unlisted factors may present significant additional obstacles to the realization of forward-looking statements. While the list of factors presented here is considered representative, not such list should be considered to be a complete statement of all potential risks and uncertainties.
This ESG Report also includes forward-looking statements regarding our sustainability; safety and health; cybersecurity; culture; community engagement; and related goals, commitments and strategies.
Our actual future results, including the achievement of our targets, goals or commitments, could differ materially from our projected results as the result of changes in circumstances, assumptions not being realized, or other risks, uncertainties and factors.
Consequences of material differences in the results compared with those anticipated in the forward-looking statements could include, among other things, lower sales or income, business disruption, operational problems, financial loss, reputational harm, legal liability to third parties, other factors set forth in the Risk Factors sections of our most recently filed periodic reports on Form 10-K and Form 10-Q, any of which could have a material adverse effect on PPG's consolidated financial condition, results of operations or liquidity. Any forward-looking statement speaks only as of the date on which such statement is made, and PPG undertakes no obligation to update any forward-looking statement, whether as a result of new information, future events or otherwise. You are advised, however, to consult any further disclosures we make on related subjects in our reports to the Securities and Exchange Commission.