In 2024, Suncorp Group conducted an environmental assessment and disclosed corporate waste management data in accordance with recognized sustainability reporting standards.The company provided a breakdown of its waste by type (hazardous vs non-hazardous) and treatment method (recovery vs disposal), enabling greater transparency into its waste handling and environmental practices.
| Metric (tonnes) | 2024 | 2023 | 2022 | 2021-2019 |
|---|---|---|---|---|
Total Waste Generated | 364a | 408a | 387a | |
Total Waste Recovered | 192a | 232a | 226a | |
Total Hazardous Waste Generated | N/A | N/A | N/A | |
Non-Hazardous Waste Disposed | 172a | 176a | 161a |
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In 2024, Suncorp Group generated a total of 364metric tonnes of waste.a
Of this amount, 52.75% of Suncorp Group's total waste generated was recovered through methods such as recycling, reuse, or composting, while 47.25% was disposed of through landfilling, incineration, or combustion.a
In 2024, Suncorp Group reported a total waste generation of 364 metric tonnes, of which 52.75% was recovered through recycling, reuse, or composting.This moderate level of recovery indicates that Suncorp Group is taking steps toward improving its waste diversion practices, though there is still room to enhance recycling and recovery efforts.a
Since 2022, Suncorp Group's total waste generation decreased by 5.94%, including a further 10.78% drop in 2024, highlighting a consistent and deliberate reduction in waste production over time.a
Over the same period, Suncorp Group's waste recovery rate declined by 9.68%, with a further 7.24% drop in 2024, underscoring a weakening in waste diversion performance and a potential drift away from circular waste strategies.a
Overall, while Suncorp Group has successfully reduced its total waste generation, its waste recovery efforts have also declined. This pattern could suggest a shift in strategy away from circular treatment methods or a lag in recovery infrastructure development.