Suncorp Group

Multi-line Insurance / Diversified Banks
SUN.AX
AUD 12 0.83
Share price
$ 11 bn
Market Cap
$ 25 bn
Enterprise Value

Carbon footprint

1.2 Ton
GHG emissions per $ 1 mln investment
0.04x the weighted average for S&P 500
FY2020
How is this calculated?
-26%
YOY change in GHG emissions
Stronger than the -8.7% weighted average for S&P 500
FY2020 vs. previous year

Primary Climate Goal

-2.9%
Proj. YOY change in GHG emissions (Scope 1 + 2)
Weaker than the -5.1% weighted average for S&P 500
FY2021
How is this calculated?

Suncorp Group aims to reduce Scope 1 + 2 by 51% by 2030 from a base year 2018


This target has not been verified as science based according to SBTi
Suncorp Group's actual and proj. GHG emissions (Scope 1 + 2) (Kt of CO2e)

GHG emissions and Carbon intensity

Suncorp Group's GHG emissions (location-based) (Kt of CO2e)

Suncorp Group's carbon footprint

Suncorp Group reported Total CO2e Emissions - Location-Based Scope 1 + Scope 2 for the twelve months ending 30 June 2020 at 29 AUD (-10 /-26.4% y-o-y).

Suncorp Group's Scope 3 emissions plummeted to 5.1 AUD (-3.9 /-43.5% y-o-y). The decline accelerated compared to the CAGR of -20.8% since 2Q'18.

The company is committed to reducing Scope 1 + 2 by 51% by 2030 from a base year 2018, which translates into the estimated reduction of -0.85 Kt per annum over the period of FY2021 - FY2030. This target, however, has not been recognised as science-based (and as aligned with Paris Agreement) by the SBTi.

Company environmental metrics

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