Coles is exposed to an evolving set of risks and opportunities from climate change, as well as other material risks, including increased frequency and duration of extreme weather events and chronic climate changes that can disrupt our operations and compromise the safety of our team members, customers, supply chain, and the food we sell. Changes to government policy, law, and regulation can result in higher operating costs, potential litigation, and failure to meet stakeholders' expectations, which can lead to reputational damage.