Suncorp

Suncorp, an Australia-based company in the insurance and pension funding services industry, is committed to reducing its carbon emissions.

For the most recent year with available data, 2025, Suncorp reported approximately 1.25 million kg CO2e in Scope 1 emissions and about 718,000 kg CO2e in market-based Scope 2 emissions. Their Scope 3 upstream transportation and distribution emissions were approximately 17.96 million kg CO2e. In 2024, Scope 1 emissions were approximately 1.32 million kg CO2e, market-based Scope 2 emissions were about 848,000 kg CO2e, and Scope 3 upstream transportation and distribution emissions were about 19.55 million kg CO2e.

Looking back to 2023, Suncorp's Scope 1 emissions were around 1.42 million kg CO2e, market-based Scope 2 emissions were approximately 1.95 million kg CO2e, and Scope 3 upstream transportation and distribution emissions were about 15.98 million kg CO2e. In 2022, the company's Scope 1 emissions were approximately 1.54 million kg CO2e, and market-based Scope 2 emissions were about 3.84 million kg CO2e. Their Scope 3 emissions for 2022 totalled approximately 9.49 million kg CO2e, including about 2.34 million kg CO2e from business travel, 4.35 million kg CO2e from employee commute, 399,000 kg CO2e from purchased goods and services, 209,000 kg CO2e from waste generated in operations, and 2.04 million kg CO2e from fuel and energy-related activities.

Suncorp has set ambitious climate commitments, aiming for net-zero Scope 1 and 2 emissions by 2030. This target represents an accelerated timeline, brought forward from an initial 2050 goal. The company is targeting a 51% reduction in Scope 1 and 2 emissions by 2030, based on a 2018 baseline. Additionally, Suncorp has a stated goal of achieving a 76% reduction in Scope 1 and 2 emissions between 2020 and 2030.