Sustainable growth
Our growth and success must be
sustainable and benefit our customers,
partners and communities.
Our efforts to grow sustainably are reflected in the sustainability work and programmes carried out across Suncorp Group, including managing climate risk, measuring greenhouse gas emissions, and building resilient communities.
Responding to Climate Change
To move to a low-carbon and climate-resilient future we are taking steps to reduce our impact on the climate. We remain focused on understanding and responding to the risks and opportunities climate change presents to our business.
Our targets to reduce emissions
Net-zero targets
As part of Suncorp Group, we commit to net-zero GHG emissions from Scopes 1 and 2 by 2030. We also commit to achieving net-zero emissions across all categories (including Scope 3) by 2050 and to using 100% renewable energy by 2025.
Sensitive Sector Standard
Alongside Suncorp Group, we have the Sensitive Sector Standard in place which imposes restrictions on Suncorp's investments and underwriting portfolios with respect to thermal coal (TC) and oil & gas (O&G).
Climate-related disclosures
Our business builds on the sustainability work and programmes underway across Suncorp Group. These include managing climate-related risk, measuring and reducing greenhouse gas (GHG) emissions, and initiatives to support resilient communities.
Download the Vero Insurance FY24 Climate-related disclosures
More of our Principles
Responsible Financial Services
We put our customers at the heart of everything we do and help them make good choices.
Resilient People and Communities
We respect human rights and invest in the wellbeing and resilience of our people and communities.
Trust and Transparency
We are open and transparent in our dealings with our stakeholders and uphold a genuine commitment to delivering fair customer outcomes.
