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.
+36 vs industry average
Suncorp’s score of 73 is higher than 85% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Insurance Services is among the least carbon-intensive industries
Industry performance
The Insurance Services industry has reduced its overall emissions by 7% since 2019
Emissions trajectory 2020 – 2028
Reported emissions
Scope 3 accounts for ••• of total emissions.
Suncorp's reported carbon emissions
In 2025, Suncorp reported total carbon emissions of approximately 19.6 million kg CO2e, comprising 1,245,000 kg CO2e from Scope 1, 718,000 kg CO2e from Scope 2, and 17,964,000 kg CO2e from Scope 3 emissions. This reflects a commitment to reducing greenhouse gas emissions, with significant targets set for the near future. Suncorp has brought forward its net-zero emissions target for Scope 1 and 2 from 2050 to 2030. The company aims for a 51% reduction in these emissions by 2030, based on a fiscal year 2018 baseline. This commitment is part of a broader strategy to enhance sustainability and address climate change impacts. In 2024, Suncorp's emissions were approximately 21.7 million kg CO2e, indicating a slight decrease from the previous year. The company continues to focus on reducing its carbon footprint through various initiatives and operational improvements. Suncorp's emissions data is sourced directly from Suncorp Group Limited, ensuring accuracy and transparency in their reporting. The company remains on track to meet its ambitious climate goals, demonstrating leadership in corporate responsibility and environmental stewardship.
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Suncorp’s Climate Goals (2030 & 2050)
3 goals2030
In 2022, the Suncorp Group strengthened its Scope 1 and 2 co…
In 2022, the Suncorp Group strengthened its Scope 1 and 2 commitment to net-zero by 2030.
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
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Scope 3 top emissions categories
1 of 15 categories disclosedSee all scope 3 categories
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Climate initiatives

Science Based Targets Initiative

Carbon Disclosure Project
The Climate Pledge
UN Global Compact Climate Champions initiative
RE 100
Climate Action 100
Emissions comparison with industry peers
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