Coles is confronted with an evolving set of risks and opportunities due to climate change, which could result in increased exposure to other material risks such as frequent extreme weather events and ongoing climate changes. These risks can impact our operations and the safety of our team, customers, supply chain, and the food we sell, as well as government policy, law, and regulation that can result in increased costs to operate and potential litigation and failure to meet stakeholder expectations, all of which can lead to reputational damage.