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 Energy Data Preview

In 2024, Suncorp Group disclosed key data related to its energy management practices, providing transparency into its operational energy use in line with recognized sustainability reporting frameworks.

Suncorp Group disclosed progress toward renewable energy adoption, highlighting the share of total energy sourced from renewable versus non-renewable sources.

However, Suncorp Group did not provide a breakdown of its energy sources or generation technologies, limiting visibility into its energy mix and the role of renewables versus fossil fuels.

Metric (GJ)2024202320222021 - 2017
Total Energy Consumed
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Renewable Energy Consumed
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Non-renewable Energy Consumed
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Electricity Consumed
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This table provides a simplified preview of selected energy data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into Suncorp Group's Energy Renewability

In 2024, Suncorp Group consumed a total of 64,180.8 Gigajoules of energy across its operations. Of this total, 80.7% was sourced from renewable energy, either derived from natural resources like biofuels, biomass, or biogas, or generated using renewable technologies such as solar or wind power. The remaining 19.3% was classified as non-renewable energy, coming from fossil-based fuels such as coal, natural gas, or crude oil, or from non-renewable generation technologies like nuclear power.

Suncorp Group's Energy Renewability Rate

81%

How much of Suncorp Group's energy consumed is renewable?

In 2024, Suncorp Group consumed a total of 64,180.8 Gigajoules of energy, of which 80.7% was derived from renewable sources, including biofuels, biomass, biogas, solar, and wind power.

This high level of renewable energy use suggests that Suncorp Group has taken strong steps toward decarbonizing its energy supply and reducing its dependence on fossil fuels.

Are Suncorp Group's energy practices becoming more sustainable?

Since 2022, Suncorp Group's total energy consumption decreased by 10.85%, including a further 4.69% drop in 2024, highlighting a continued decline in energy use.

Over the same period, the share of renewable energy in Suncorp Group's consumption increased by 21.86%, including a 7.34% increase in 2024, showing consistent progress in clean energy adoption.

Overall, Suncorp Group has reduced its total energy consumption while steadily increasing its use of renewables, reflecting a strong commitment to reducing its energy-related environmental footprint.

Suncorp Group's Renewable vs Non-renewable Energy Over Time

56.97 k26.97 k3.03 k56.97 kGigajoules (GJ)20222023202466%75%81%34%25%19%
  • Renewable Energy Consumed
  • Non-renewable Energy Consumed
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