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Suncorp Group Ltd

ISIN: AU000000SUN6 | Australia | Asia-Pacific
Score 2 - Moderate
Full assessment

Suncorp has established a clear policy framework for aligning its lobbying with climate goals, stating that "Engagement activities are framed within an Advocacy Strategy" to ensure that its "policy position papers and submissions prepared either directly by Suncorp or through an industry association ... are consistent with our overall climate change strategy." It outlines a concrete process, describing "ongoing dialogue through team meetings and other ad hoc interactions between the public policy, government relations and the climate change teams within Suncorp which all sits under the Corporate Affairs division," demonstrating an active mechanism for monitoring and managing its advocacy. The company further shows alignment of its indirect lobbying by "actively participat[ing] in the ICA's Net Zero Working Group and Climate Change Action Committee" and by contributing to the development of the ICA's "Climate Change Policy Asks," ensuring that trade-association positions reflect its own views. However, we found no evidence of a specific individual or formal body explicitly charged with oversight or review of these advocacy activities, which limits transparency around accountability for its lobbying governance.

This assessment is part of the Lobbying Governance Index, covering 8,500 companies scored on whether they have processes to oversee their climate lobbying. See all companies in Asia-Pacific or all companies in Australia.