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Suncorp Group Ltd

Common Name
Suncorp Group
Country
Australia
Sector
Financial Services
Industry
Insurance - Property & Casualty
Employees
11,500
Ticker
SUN
Exchange
ASX
Description
Suncorp Group Limited is a leading financial services company specializing in insurance, serving retail, corporate, and commercial customers across Australia and New Zealand. Its core activities encom...

Suncorp Group's Climate Target Data Preview

As of 2025, Suncorp Group has disclosed 2 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 1 absolute reduction target and 1 intensity-based 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
Intensity-based Target*
Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e) per Australian Dollar (AUD) of Investment
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a
2030
*. This target is limited in scope and does not represent the company's full operational or organizational boundaries
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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 2025
a. Suncorp Group's TCFD Report 2025

Insights into Suncorp Group's Greenhouse Gas Emissions Pathways

As of 2025, Suncorp Group has set greenhouse gas (GHG) emissions reduction targets that cover both its operational emissions (Scope 1 and 2) and value chain emissions (Scope 3), offering a comprehensive view of its total carbon footprint.a

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

As of 2025, 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 13,078 Metric Tonnes of CO2 equivalent (mtCO2e) in 2020.a

As of 2025, Suncorp Group is ahead of schedule on its operational emissions reduction target, having achieved 94.43% of the planned reduction.a

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

20202025203003.5 k7 k10.5 k14 kBaselineCurrent (-85%)

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

As of 2025, Suncorp Group has set a target to reduce its value chain greenhouse gas (GHG) emissions, covering 1 out of the 15 Scope 3 categories defined by the GHG Protocol.a

Suncorp Group's most ambitious value chain target is to reduce these emissions by 60% by 2030, compared to a baseline of 0 Metric Tonnes of CO2 equivalent (mtCO2e) per Australian Dollar (AUD) of Investment in 2020.a

Suncorp Group has already surpassed its value chain emissions reduction target, with 2024 levels falling below the 2030 value, achieving its climate goal ahead of schedule.a

Suncorp Group's Value Chain (Scope 3) Emissions Pathway

20202024203000000BaselineCurrent (-71%)Target 2030 (-60%)
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