Our approach

Suncorp proactively manages the material environmental, social and governance risks and opportunities identified by our key stakeholders and our business.

Suncorp conducts regular materiality assessments to help identify and prioritise the topics of most significance for our business. This process helps us make more informed and balanced decisions that reflect the needs and expectations of our business, stakeholders and society, both now and in the future.

#Our top 10 material environmental, social and governance issues

Sustainable development goals: 11, 13, 17

Natural hazard resilience

Helping customers and communities build resilience to natural hazards including floods, cyclones, storms, earthquakes and bushfires.

Sustainable development goals: 7, 11, 13, 17

Climate change response

Proactively adapting to and managing the physical and transitional risks and opportunities of climate change for Suncorp's business.

Sustainable development goals: 5, 7, 10, 11

Accessibility and affordability

Ensuring all customers can access affordable financial services that meet their needs.

Sustainable development goals: 5, 7, 12, 13

Customer experience

Developing agile, innovative and accessible solutions and products for customers. Enabling a personalised and seamless end-to-end user experience supported by customer engagement.

Sustainable development goals: 8

Data privacy and security

Rapidly adapting to and mitigating evolving data privacy and security threats to protect Suncorp and its customers.

Sustainable development goals: 10, 17

Trust and transparency

Promoting a culture of trust and integrity through robust and transparent governance and disclosure processes.

Sustainable development goals: 5, 7, 8, 10, 11, 12, 13, 17

Purposeful and responsible business

Promoting and integrating our purpose into the way we do business. Embedding environmental, social and governance considerations into decision making including investment, underwriting and lending practices.

SUSTAINABLE DEVELOPMENT GOALS: 7, 8, 12, 17

Agility and innovation

Anticipating and embracing new opportunities as the marketplace evolves and customer expectations shift. Identifying new market opportunities and product solutions, building on Suncorp's strong market presence for sustainable economic growth.

Sustainable development goals: 7, 8, 17

Leading technological advancement

Embracing innovative technologies and digital solutions to enhance efficiency and amplify customer experience.

SUSTAINABILITY DEVELOPMENT GOALS: 5, 8

Workplace planning and retention

Responding to changing market conditions, technological disruption and demographic shifts impacting the workforce. Embracing new opportunities to attract and retain high calibre talent with a range of skills, experience and creativity.

#Suncorp's contribution to the Sustainable Development Goals

Suncorp is committed to driving awareness and action in support of the United Nation’s Sustainable Development Goals (SDGs), which are a set of 17 goals that define global sustainable development priorities and aspirations for 2030. The Goals call for action to address significant economic, social and environmental challenges such as poverty, inequality, improving health and education and climate action. The eight goals with the most relevance to Suncorp’s business activity are below.

#Suncorp's commitments and frameworks

Sustainability ratings and industry benchmarks enable us to improve our performance and transparency. We take part in a wide range of external assessments and benchmarking initiatives.