Responsible underwriting and investing

We respond to environmental and social risks in our business through the implementation of the Responsible Insurance Policy and our Responsible Investment Policy.

Delivering sustainable insurance

Suncorp is a signatory to the United Nations Principles for Responsible Investment, Principles for Sustainable Insurance, international frameworks committed to driving collective action and sustainable practices across the finance sector.

Suncorp’s Sustainable Insurance Policy outlines how we integrate environmental, social and governance (ESG) considerations into the way we do business. This commits us to delivering products and services that are suitable, accessible and affordable.

color-grey

Investing responsibly

Suncorp is a signatory to the United Nations Principles for Responsible Investment, an international network of institutional investors that works to understand the implications of ESG factors.

Climate change is integrated in Suncorp's Responsible Investment Policy, which incorporates the Paris Agreement on climate change. We engage with our external investment managers to ensure climate considerations are integrated into their investment processes and aligned to this policy.

color-grey
Read our Responsible Investment Policy

Impact investing

Suncorp is committed to making a positive impact on the community and society in which we operate. Our investment in both listed and unlisted assets seeks to achieve this positive impact through targeting specific environmental and social outcomes identified by our commitment to the UN SDG’s. Specific areas of interest are:

  • Low Carbon Investments through unlisted infrastructure and property as well as Green Bonds
  • Social Impact investments related to disability housing and assistance and jobs programmes for youths at risk
color-grey

Proxy voting governance and activity

Suncorp is committed to ensuring all proxies are voted in a manner consistent with Suncorp’s Responsible Investment Policy and Corporate Responsibility Principles.
color-grey
2021-22 Proxy Voting Report

Sensitive Sector Standards

Suncorp has a range of standards to ensure consistent decision making across our investment and insurance portfolios on issues including fossil fuels, tobacco and recreational cannabis, and controversial weapons. These Standards, enable us to respond to environmental and social risks in our business and support the implementation of our Responsible Investment and Sustainable Insurance policies.
color-grey

Read more