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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 GHG Emissions Data Preview

In 2025, Suncorp Group completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).

However, Suncorp Group has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.

Metric (tCO2e)2025202420232022 - 2017
Total Scope 1
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a
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a
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a
0000000
Total Scope 2
Market-Based
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a
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a
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a
0000000
Location-Based
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a
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a
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a
0000000
Total Scope 3
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a
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b
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b
0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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a
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a
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a
0000000
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Verified Sources Behind Suncorp Group’s Greenhouse Gas (GHG) Emissions 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 Verification report 2025
a. Suncorp Group's Verification report 2025
b. Suncorp Group's Sustainability Data Spreadsheet 2024
b. Suncorp Group's Sustainability Data Spreadsheet 2024

Insights into Suncorp Group's Operational Emissions

In 2025, the total operational greenhouse gas (GHG) emissions ofSuncorp Group amounted to15,272metric tons of CO2 equivalent.This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).a

Compared to 2024, the total operational greenhouse gas (GHG) emissions of Suncorp Groupincreased by 58.14%, suggesting that the company faced challenges in reducing its emissions from its core operations.a

Suncorp Group's Scope 1 Emissions Over Time

2020202220232024202506501.3 k1.95 k2.6 ktCO2e-11%-8%-7%+91%
  • Total Scope 1
  • Year-over-Year Change

What are Suncorp Group's Scope 1 emissions?

In 2025, the total Scope 1 emissions of Suncorp Group were 2,531 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Has Suncorp Group reduced its Scope 1 emissions over time?

Since 2020, Suncorp Group's Scope 1 emissions have increased by 46.22%, reflecting a rising long-term trend in Scope 1 emissions over time.a

Compared to the previous year(2024), Suncorp Group's Scope 1 emissions increased by 91.16%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.a

What are Suncorp Group's Scope 2 emissions?

In 2025, Suncorp Group reported Scope 2 greenhouse gas (GHG) emissions of 1,719 tCOâ‚‚e using the market-based method and 12,741 tCOâ‚‚e using the location-based method.a

Has Suncorp Group reduced its Scope 2 emissions over time?

Since 2020, Suncorp Group's Scope 2 greenhouse gas (GHG) emissions (Location-Based)have decreased by 13.63%, reflecting a declining long-term trend in Scope 2 emissions over time.a

Compared to the previous year(2024), Suncorp Group's Scope 2 emissions(Location-Based) rose by 52.9% in 2025, suggesting that the company faced challenges in reducing emissions from purchased electricity and energya

What methodology does Suncorp Group use for Scope 2 reporting?

In 2025, Suncorp Group reported its Scope 2 emissions using the market-based method and using the location-based method.a

Suncorp Group's Scope 2 Emissions Over Time

2020202220232024202504 k8 k12 k16 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Suncorp Group's Value Chain Emissions

In 2025, Suncorp Group reported 17,964 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a

The 2025 disclosure of Suncorp Group includes a breakdown across 0of the 15 Scope 3 categories defined by the GHG Protocol,down from 6 in 2024, indicating a decline in reporting granularity and reduced insight into the company's full value chain emissions.a

Suncorp Group's Scope 3 Emissions Over Time

202220232024202504.5 k9 k13.5 k18 ktCO2e+68%+7%+5%
  • Total Scope 3
  • Year-over-Year Change

What are Suncorp Group's Scope 3 emissions?

In 2025, Suncorp Group reported total Scope 3 emissions of 17,964 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Compared to the previous year (2024), Suncorp Group's Scope 3 emissions remained relatively stable, indicating that Suncorp Group's emissions have plateaued with no significant change in its value chain footprint.ab

Insights into Suncorp Group’s GHG Emissions Intensity Compared to Industry Peers

In 2025, Suncorp Group reported Scope 1 greenhouse gas (GHG) emissions of 2,531 tCOâ‚‚e and total revenues of USD 10,152 millions. This translates into an emissions intensity of 0.25 tCOâ‚‚e per millions USD.a

Suncorp Group's Scope 1 Emissions Intensity Compared to Peers

2501,00020,0001,000,000Scope 1 Emissions (tCO2e)202001,00010,000100,000Revenues (Millions of USD)WWestpac BankingYear: 2024Scope 1: 6,262 tCO2eRevenue: $M 14,924Scope 1 Intensity: 0.42 tCO2e/$MPerpetualYear: 2025Scope 1: 50 tCO2eRevenue: $M 888Scope 1 Intensity: 0.06 tCO2e/$MNational Australia BankYear: 2024Scope 1: 5,635 tCO2eRevenue: $M 14,262Scope 1 Intensity: 0.40 tCO2e/$MBank of Queensland LtdYear: 2024Scope 1: 328 tCO2eRevenue: $M 1,080Scope 1 Intensity: 0.30 tCO2e/$MAUB GroupYear: 2023Scope 1: 621 tCO2eRevenue: $M 493Scope 1 Intensity: 1.26 tCO2e/$MMacquarie GroupYear: 2025Scope 1: 482 tCO2eRevenue: $M 4,243Scope 1 Intensity: 0.11 tCO2e/$MBendigo and Adelaide BankYear: 2025Scope 1: 960 tCO2eRevenue: $M 1,261Scope 1 Intensity: 0.76 tCO2e/$MWWWHSP HoldingsYear: 2024Scope 1: 8,375 tCO2eRevenue: $M 386Scope 1 Intensity: 21.72 tCO2e/$MHub24Year: 2023Scope 1: 2 tCO2eRevenue: $M 184Scope 1 Intensity: 0.01 tCO2e/$MQBE Insurance GroupYear: 2024Scope 1: 7,746 tCO2eRevenue: $M 28,796Scope 1 Intensity: 0.27 tCO2e/$MANZ Group HoldingsYear: 2024Scope 1: 5,958 tCO2eRevenue: $M 14,072Scope 1 Intensity: 0.42 tCO2e/$MEvolution MiningYear: 2024Scope 1: 225,199 tCO2eRevenue: $M 39Scope 1 Intensity: 5,839.16 tCO2e/$MCommonwealth BankYear: 2025Scope 1: 5,592 tCO2eRevenue: $M 18,866Scope 1 Intensity: 0.30 tCO2e/$MMedibankYear: 2025Scope 1: 58 tCO2eRevenue: $M 5,621Scope 1 Intensity: 0.01 tCO2e/$MZipYear: 2022Scope 1: 8 tCO2eRevenue: $M 429Scope 1 Intensity: 0.02 tCO2e/$MComputershareYear: 2024Scope 1: 3,344 tCO2eRevenue: $M 4,544Scope 1 Intensity: 0.74 tCO2e/$MChallengerYear: 2025Scope 1: 3 tCO2eRevenue: $M 491Scope 1 Intensity: 0.01 tCO2e/$MNIB HoldingsYear: 2025Scope 1: 60 tCO2eRevenue: $M 2,360Scope 1 Intensity: 0.03 tCO2e/$MInsurance Australia GroupYear: 2025Scope 1: 6,770 tCO2eRevenue: $M 9,717Scope 1 Intensity: 0.70 tCO2e/$MASXYear: 2025Scope 1: 37 tCO2eRevenue: $M 743Scope 1 Intensity: 0.05 tCO2e/$MSteadfast GroupYear: 2024Scope 1: 704 tCO2eRevenue: $M 801Scope 1 Intensity: 0.88 tCO2e/$MSuncorp GroupYear: 2025Scope 1: 2,531 tCO2eRevenue: $M 10,152Scope 1 Intensity: 0.25 tCO2e/$M

How does Suncorp Group's GHG emissions intensity compare to its peers?

In 2025, Suncorp Group reported a Scope 1 emissions intensity of 0.25 tCOâ‚‚e per millions USD. Compared to the peer group median of 0.3, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a

Where does Suncorp Group rank on GHG emissions intensity within its industry?

In 2025, Suncorp Group ranked 9 out of 21 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a

Suncorp Group is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a

Insights into Suncorp Group's Total Carbon Footprint

In 2025, Suncorp Group reported a total carbon footprint of 33,236 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 23.89% increase compared to 2024, suggesting a rise in emissions across its operations or value chain.ab

The largest contributor to Suncorp Group's total carbon footprint was Scope 3 emissions, accounting for 54.05% of the company's total carbon footprint, followed by Scope 2 emissions at 38.33%.a

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