Responsible Supply Chain

Responsible Supply Chain

We continue to enhance our procurement practices and build capability to respond to risks and opportunities in our supply chain.

#Supplier on-boarding

We have updated our on-boarding process for suppliers in Australia to incorporate express acceptance of our Supplier Code of Practice. New suppliers are required to confirm they understand and comply with the Code, including expectations in relation to human rights and workplace conditions, safety and wellbeing, environmental impacts, product safety and data protection and privacy.

#Ethical procurement

Suncorp was the first financial organisation in Australia to achieve the CIPS Corporate Ethics Award and we have been recognised on the Chartered Institute of Procurement and Supply (CIPS) Global Corporate Ethical Register for our commitment to safeguarding against unethical conduct in procurement.

#Supplier diversity and reconciliation

Our procurement practices play an important role in providing opportunities, including employment, for Aboriginal and Torres Strait Islander businesses. We work with Supply Nation to increase our understanding of the benefits of working with Aboriginal and Torres Strait Islander-owned businesses to maximise our partnerships. Through Suncorp’s Supplier Code of Practice, we reinforce our commitments to diversity. 

#Environmental performance

Suncorp is committed to innovating and optimising environmental outcomes throughout our business and value chain. We will continue to explore opportunities with suppliers to improve environmental impact and emissions reduction in our supply chain.