Coles is exposed to an evolving set of risks and opportunities from climate change, as well as other material risks, including increased frequency of extreme weather events and chronic climate changes that can impact our operations and the safety of our team members, customers, supply chain, and the food we sell. These changes can be influenced by government policy, law, and regulation, leading to higher operating costs, potential litigation, and failure to meet customer expectations, all of which can lead to reputational harm.