Suncorp Group LtdSuncorp Group Ltd - ESG Rating & Company Profile powered by AI

Industry Group:Property & Casualty Insurance

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Suncorp Group Ltd in the Property & Casualty Insurance industry gained a UN SDG ESG Transparency Score of 7.5; made up of an environmental score of 8.0, social score of 6.4 and governance score of 8.0.

SDG Transparency Score for Suncorp Group Ltd 
Low
0 - 3
Medium
4 - 6

7.5

High Impact
7 - 10
Last Score Update: 2023-07-01
What drives the score for Suncorp Group Ltd 
8.0

Environmental

6.4

Social

8.0

Governance

Detailed ESG Breakdown
SEVVA Platform offers unique drill down to the underlying sources powering the ratings. Break down your ESG analysis by 17 UN SDGs and 8 additional governance factors.

Peer Group Comparison

RankCompanySDG Transparency Score Performance
1Zurich Insurance Group AG
8.4
High
2ICICI Lombard General Insurance Company Ltd
8.2
High
25Oman Insurance Company PSC
7.6
High
25Union Insurance Co Ltd
7.6
High
32Suncorp Group Ltd
7.5
High
32Allstate Corp
7.5
High
32Verisk Analytics Inc
7.5
High
.........
337Silver Star Insurance Co Ltd
0.0
Low
337XLIT Ltd
0.0
Low
.........
View the full peer group of 426 companies on the SEVVA platformSign up for free
Peer Companies Benchmark
SEVVA Platform benchmarks each company against a peer group. View the full score distribution for peers by logging into SEVVA

Frequently Asked Questions

Does Suncorp Group Ltd have an accelerator or VC vehicle to help deliver innovation?

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Does Suncorp Group Ltd disclose current and historical energy intensity?

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Does Suncorp Group Ltd report the average age of the workforce?

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Does Suncorp Group Ltd reference operational or capital allocation in relation to climate change?

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Does Suncorp Group Ltd disclose its ethnicity pay gap?

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Does Suncorp Group Ltd disclose cybersecurity risks?

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Does Suncorp Group Ltd offer flexible work?

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Does Suncorp Group Ltd have a long term incentive (LTI) executive compensation plan based on a measure of return on capital?

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Does Suncorp Group Ltd disclose the number of employees in R&D functions?

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Does Suncorp Group Ltd conduct supply chain audits?

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Does Suncorp Group Ltd disclose incidents of non-compliance in relation to the health and safety impacts of products and services?

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Is there a statment that there is no plan to expand their cement production? (for example: 'We have no current plans to add additional cement making capacity')

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Does Suncorp Group Ltd conduct 360 degree staff reviews?

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Does Suncorp Group Ltd disclose the individual responsible for D&I?

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Does Suncorp Group Ltd disclose current and historical air emissions?

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Is there a statment that there is no plan to expand their coal usage? (for example: 'We have no current plans to add additional coal powered electricity generation')

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Is executive remuneration linked to climate performance?

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Does the Board describe its role in the oversight of climate-related risks and opportunities?

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Does Suncorp Group Ltd disclose current and / or historical scope 2 emissions?

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Does Suncorp Group Ltd disclose water use targets?

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Does Suncorp Group Ltd have careers partnerships with academic institutions?

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Did Suncorp Group Ltd have a product recall in the last two years?

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Does Suncorp Group Ltd disclose incidents of discrimination?

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Does Suncorp Group Ltd allow for Work Councils/Collective Agreements to be formed?

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Has Suncorp Group Ltd issued a profit warning in the past 24 months?

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Does Suncorp Group Ltd disclose parental leave metrics?

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Does Suncorp Group Ltd disclose climate scenario or pathway analysis?

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Does Suncorp Group Ltd disclose current and / or historical scope 1 emissions?

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Are Operating Expesnses linked to emissions reduction?

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Does Suncorp Group Ltd disclose the pay ratio of women to men?

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Does Suncorp Group Ltd support suppliers with sustainability related research and development?

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Does Suncorp Group Ltd disclose the number of operations that have been subject to human rights reviews or human rights impact assessments?

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Does Suncorp Group Ltd reflect climate-related risks in its financial statements?

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Is there a statment that there is no plan to expand their carbon intensite energy assets? (for example: 'We have no current plans to carry out further drilling for oil,')

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Is Suncorp Group Ltd involved in embryonic stem cell research?

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Does Suncorp Group Ltd disclose GHG and Air Emissions intensity?

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Does Suncorp Group Ltd disclose its waste policy?

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Does Suncorp Group Ltd report according to TCFD requirements?

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Does Suncorp Group Ltd disclose its policies for bribery, corruption, whistle-blower, conflict of interest?

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Does Suncorp Group Ltd disclose energy use targets?

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Does Suncorp Group Ltd disclose its Renewable Energy targets?

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Are emissions metrics verified by STBi?

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Does Suncorp Group Ltd have a policy relating to cyber security?

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Potential Risks for Suncorp Group Ltd
These potential risks are based on the size, segment and geographies of the company.

Suncorp Group Limited provides insurance and banking products and services to retail, corporate, and commercial customers in Australia and New Zealand. The company operates through Insurance (Australia), Suncorp Bank, and Suncorp New Zealand segments. The Insurance (Australia) segment provides general insurance products and services, including home and contents, motor, marine, travel, commercial property, industrial special risk, public liability and professional indemnity, workers' compensation, and compulsory third-party products, as well as distributes life insurance products. The Suncorp Bank segment offers banking products and services, such as commercial, agribusiness, small business, and home loans; savings and transaction accounts; foreign exchange services; and treasury products and services. The Suncorp New Zealand segment provides general and life insurance products comprising home and contents, motor, commercial property, public liability and professional indemnity, life, trauma, total and permanent disablement, and income protection. The company was formerly known as Suncorp-Metway Limited and changed its name to Suncorp Group Limited in December 2010. Suncorp Group Limited was founded in 1902 and is headquartered in Brisbane, Australia.

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