Suncorp Group Ltd

Common Name
Suncorp Group
Country
Australia
Sector
Financial Services
Industry
Insurance - Property & Casualty
Employees
10,500
Ticker
SUN
Exchange
ASX
Description
Suncorp Group Ltd. is a leading financial services company that provides a comprehensive range of banking, wealth, and insurance products and services. Its primary function is to serve retail, corpora...

Suncorp Group's Climate Target Data Preview

As of 2024, Suncorp Group has disclosed 1 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 1 absolute reduction target, signaling the company’s commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into Suncorp Group ’s climate strategy, ambition level, and alignment with global decarbonization goals.

Target TypeScope of TargetUnitTargetTarget Year
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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a
2030
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Verified Sources Behind Suncorp Group’s Climate Targets Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Suncorp Group’s data sources below and access millions more through our Disclosure Search.

a. Suncorp Group's TCFD Report 2024
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Insights into Suncorp Group's Greenhouse Gas Emissions Pathways

As of 2024, Suncorp Group has set greenhouse gas (GHG) emissions reduction targets that cover its operational emissions (Scope 1 and 2), but not its value chain emissions (Scope 3). This means its reduction efforts currently focus on direct and purchased energy emissions. a

Does Suncorp Group have a target to reduce the emissions from its operations?

As of 2024, Suncorp Group has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources. a

Suncorp Group's most ambitious operational target is to reduce these emissions by 90% by 2030, compared to a baseline of 18,707 Metric Tonnes of CO2 equivalent (mtCO2e) in 2020. a

As of 2024, Suncorp Group is ahead of schedule on its operational emissions reduction target, having achieved 84.66% of the planned reduction. a

Suncorp Group's Operational (Scope 1+2) Emissions Pathway

20202024203005 k10 k15 k20 kBaselineCurrent (-76%)Target 2030 (-90%)
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