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 Waste Data Preview

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)2024202320222021 - 2017
Total Waste Generated
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0000000
Total Waste Recovered
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0000000
Total Hazardous Waste Generated
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Non-Hazardous Waste Disposed
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This table provides a simplified preview of selected waste data points. To access the complete dataset with full disclosures and structure, create a free account to purchase the full dataset.

Insights into Suncorp Group's Waste Treatment Practices

In 2024, Suncorp Group generated a total of 364 metric tonnes of waste.

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.

Suncorp Group's Waste Recovery Rate

53%

How much of Suncorp Group's waste is recycled or recovered?

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.

Has Suncorp Group reduced its environmental waste footprint over time?

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.

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.

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.

Suncorp Group’s Waste Recovery vs. Disposal Over Time

2022202320240150300450600tonnes
  • Total Waste Disposed
  • Total Waste Recovered
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