Suncorp New Zealand has committed to sustainable growth across its insurance and finance business model. Part of its strategy is a Climate Change Action Plan. That plan drills down to a goal of net-zero emissions by 2050 with a 51% reduction in emissions by 2030. It also has a renewable energy strategy.
SunCorp’s outcomes against targets in 2020 are impressive. It has reduced carbon emissions by 35% since 2017/18; it has committed to 100% renewable energy by 2025; and as of July 2020, nearly 100% of Suncorp NZ’s electricity is certified as renewable under Meridian Energy’s Certified Renewable Energy programme.
Suncorp believes it has a responsibility to leverage its position as a leading financial services organisation to advocate for positive change in the New Zealand community.