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 25 is higher than 74% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Suncorp's reported carbon emissions
In 2023, Suncorp reported total carbon emissions of approximately 16,420,000 kg CO2e in Australia, comprising 1,642,000 kg CO2e from Scope 1, 2,650,000 kg CO2e from Scope 2, and 15,299,000 kg CO2e from Scope 3 emissions. This reflects a commitment to transparency in their carbon footprint across all scopes of emissions. In 2022, Suncorp's emissions in Australia were about 12,600,000 kg CO2e, indicating a significant increase in emissions in 2023. The company has not publicly disclosed specific reduction targets or initiatives, which suggests a need for further commitment to climate action. Suncorp's emissions data highlights the importance of addressing both direct and indirect emissions, particularly in Scope 3, which represents the majority of their carbon footprint. The absence of defined reduction targets may limit their ability to effectively manage and reduce their overall emissions in line with industry standards and climate commitments.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
Get Started| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | 3,377,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 23,955,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 0,000,000 |
| Scope 3 | - | 00,000,000 | 0,000,000 | 0,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
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 not committed to any reduction initiatives 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.
