Suncorp
Suncorp Group Limited, commonly known as Suncorp, is a leading financial services provider headquartered in Brisbane, Australia. Established in 1902, Suncorp has evolved into a prominent player in the insurance and banking sectors, serving millions of customers across Australia and New Zealand. The company offers a diverse range of products, including general insurance, life insurance, banking, and wealth management services. Suncorp is recognised for its customer-centric approach and innovative solutions, which set it apart in a competitive market. With a strong market position, Suncorp has achieved significant milestones, including numerous awards for customer service excellence and sustainability initiatives. Its commitment to delivering tailored financial solutions continues to solidify its reputation as a trusted partner in the financial landscape.
DitchCarbon Score
How does Suncorp's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Insurance Services industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Suncorp's score of 67 is higher than 81% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Let us know if this data was useful to you
Suncorp's reported carbon emissions
In 2024, Suncorp reported total carbon emissions of approximately 216,000 kg CO2e, with Scope 1 emissions at about 20,700 kg CO2e, Scope 2 emissions at about 300 kg CO2e, and a significant contribution from Scope 3 emissions, which totalled approximately 195,600 kg CO2e. Notably, business travel accounted for about 160,100 kg CO2e of the Scope 3 emissions. For the Australian operations in 2024, Suncorp disclosed Scope 3 emissions of approximately 17,170,000 kg CO2e, with business travel contributing about 6,120,000 kg CO2e and employee commuting at approximately 7,011,000 kg CO2e. Suncorp has set ambitious climate commitments, bringing forward its net-zero targets for Scope 1 and 2 emissions from 2050 to 2030. The company aims for a 51% reduction in these emissions by 2030, using a baseline from FY18. As of 2023, Suncorp reported a 76% reduction in Scope 1 and 2 emissions since 2020, demonstrating significant progress towards its climate goals. Suncorp's emissions data is sourced directly from Suncorp Group Limited, with no cascaded data from parent or related organizations. The company continues to focus on reducing greenhouse gas emissions associated with its operations, reinforcing its commitment to sustainability and climate action.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|
| Scope 1 | - | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 000,000 | 00,000 |
| Scope 2 | - | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 0,000,000 | 0,000,000 | 000 |
| Scope 3 | - | - | 00,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 00,000,000 | 000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Suncorp is participating in some of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
