Suncorp New Zealand* provides insurance and financial services to New Zealanders via our local brands, Vero Insurance and Asteron Life, and our joint ventures with the New Zealand Automobile Association, AA Insurance and AA Life.
Our purpose is to create a better today for all our stakeholders. This means we help them live the life they want now, and plan for the life they want tomorrow.
Our vision is to become the number one choice for New Zealanders in the moments that matter, which is why it’s important we build a resilient business to be here for generations to come.
We share a corporate responsibility framework with our parent company, Suncorp Group, and within that framework we are working on a specific New Zealand approach to managing the environmental, social and governance risks and opportunities we face as we conduct business.
Suncorp has four corporate responsibility principles:
We’re here to create a better today for all New Zealanders. We’re here for good.
*Suncorp New Zealand refers to a group of related or associated companies in New Zealand connected to Suncorp Group Ltd, an Australian Company listed on the ASX. Suncorp New Zealand consists of Vero Insurance NZ Ltd, Vero Liability Insurance Ltd and Asteron Life Ltd, and has two joint ventures with The New Zealand Automobile Association: AA Insurance Ltd and AA Life Ltd.
Actions to address the commitments
Suncorp’s Climate Change Action Plan (PDF, 1MB) (CCAP) guides our assessment, management, and disclosure of climate change risks and opportunities using the framework published by the Financial Stability Board Task Force on Climate-related Financial Disclosures (TCFD).
Suncorp is committed to meeting the recommendations of the TCFD and integrating climate change into governance, risk management and strategy processes. The CCAP also supports the implementation of Suncorp’s Responsible Investment Policy, which includes commitments to increase climate-related investment and apply a shadow carbon price to manage risk.
Suncorp’s CCAP includes:
Our New Zealand emissions were baselined in 2018 and published in the Suncorp Annual Review (PDF, 6MB). We are working towards setting and publishing emissions targets in our 2019 Annual Review.
The latest news from Suncorp New Zealand.
22 Feb 2019 | Vector
18 Feb 2019 | Meridian
Electrifying our vehicle fleet is one way that we can demonstrate our commitment, and also learn – and then share those learnings with the broader business community.
18 Feb 2019 | The Warehouse Group
15 Feb 2019 | The Warehouse Group
15 Feb 2019 | Stuff
13 Feb 2019 | Scoop
13 Feb 2019 | SKYCITY
12 Feb 2019 | Toyota
11 Feb 2019 | Enviro-Mark Solutions
7 Feb 2019 | Stuff
7 Feb 2019 | Vector
25 Jan 2019 | Wright Communications
22 Jan 2019 | Vector
22 Jan 2019 | Maori Television
22 Jan 2019 | Meridian Energy
22 Jan 2019 | Ports of Auckland
18 Jan 2019 | Air New Zealand
10 Jan 2019 | Architecture Now
10 Jan 2019 | ANZ
9 Jan 2019 | Thinkstep
7 Jan 2019 | Stuff
5 Jan 2019 | Stuff
20 Dec 2018 | Auckland Council
19 Dec 2018 | Stuff
19 Dec 2018 | Vector
18 Dec 2018 | Waikato Business News
18 Dec 2018 | Fonterra
17 Dec 2018 | Farmers Weekly
10 Dec 2018 | Sustainable Business Council
7 Dec 2018 | Ecostore
Most plastic is made from non-renewable petrochemicals. The extraction process and conversion into plastic releases carbon into the atmosphere, adding to climate change. So in 2014 we challenged ourselves to find a packaging alternative that goes beyond reducing emissions, and actually takes carbon out of the atmosphere. We found a packaging solution that can help to combat climate change. It’s plastic made from sugarcane.
6 Dec 2018 | Meridian Energy
6 Dec 2018 | Z Energy
4 Dec 2018 | Ports of Auckland
4 Dec 2018 | Meridian Energy; Westpac
3 Dec 2018 | Enviro-Mark Solutions
29 Nov 2018 | KPMG
29 Nov 2018 | Toyota New Zealand
29 Nov 2018 | Countdown
28 Nov 2018 | Enviro-Mark Solutions
28 Nov 2018 | Stuff
27 Nov 2018 | NZ Post
To assist our path finding we have developed a ‘decarbonisation roadmap’ that will help guide actions across the business – not just in operations – but in the way the whole organisation thinks about reducing carbon. From People teams to IT to Procurement, everyone will need to be involved.
26 Nov 2018 | Ngāi Tahu Holdings
23 Nov 2018 | IAG
Reducing energy use in our commercial buildings is an important part of our response to climate change. That’s why we are proud that our Christchurch office currently has the highest NABERSNZ whole building rating in New Zealand.
21 Nov 2018 | Orion
20 Nov 2018 | Auckland Council
20 Nov 2018 | Suncorp New Zealand
19 Nov 2018 | Countdown
19 Nov 2018 | Fonterra
16 Nov 2018 | 4sight Consulting
15 Nov 2018 | Wellington Zoo
13 Nov 2018 | Auckland Council
8 Nov 2018 | thinkstep
7 Nov 2018 | Flick
7 Nov 2018 | SKYCITY Entertainment Group
31 Oct 2018 | Waste Management
30 Oct 2018 | Vector
26 Oct 2018 | TIL Logistics Group
12 Oct 2018 | Vector
10 Oct 2018 | Mondiale
Mondiale Freight Services Ltd, a leading New Zealand based International Freight Forwarding, Warehousing and Logistics Company, is committed to operating in a sustainable manner and is actively working to reduce its carbon footprint.
9 Oct 2018 | Waste Management
4 Oct 2018 | Ecostore
Ecostore has announced that more than 80% of its packaging is made with renewable, sustainable sugar, and thanks to this significant investment, ecostore has helped save 4,485 tonnes of carbon from being released into the atmosphere since the company converted its packaging from petrochemical plastic to biobased ‘sugar’ plastic four years ago. The total savings achieved to date are equivalent to the amount of carbon emitted during 8,500 car journeys from Cape Reinga to Bluff.
27 Sep 2018 |
With new signatories including Auckland Council, Auckland Transport, Panuku Development Auckland and Otago Polytechnic, the Coalition is pleased to welcome the first local council and first educational institution to join the growing ranks of organisations wanting to commit to climate action. Read more
27 Sep 2018 | WSP Opus
21 Sep 2018 | Auckland Council
21 Sep 2018 | Vector
11 Sep 2018 | Z Energy
Read about Z Energy’s approach to sustainability reporting and the lessons they’ve learned along the way.
5 Sep 2018 | 4sight Consulting
4 Sep 2018 | Z Energy
4 Sep 2018 | Toyota New Zealand
28 Aug 2018 | Climate Leaders Coalition
Opportunities for companies to learn, find solutions or hear how others are tackling the challenges of measuring and reducing emissions. Read more
22 Aug 2018 | Ravensdown
20 Aug 2018 | Otago Polytechnic
27 Jul 2018 | Auckland Airport
25 Jul 2018 |
There are a range of options to help businesses at each stage of their journey to achieve the commitments in the Climate Change Leadership Statement. Read more
24 Jul 2018 | Climate Leaders Coalition
Photos of the Climate Leaders Coalition founding leaders, signatories, and the launch event on 12 July 2018. Read more
17 Jul 2018 | TIL Logistics Group
16 Jul 2018 | Kiwi Property
16 Jul 2018 | Synlait
16 Jul 2018 | Stuff
13 Jul 2018 | Kiwirail
12 Jul 2018 | KiwiRail
KiwiRail has today committed to help New Zealand move to a low-emissions future, through improving its own operations as well as helping other businesses reach their own sustainability targets. Read more
12 Jul 2018 | Climate Leaders Coalition
Supporting the announcement of the Climate Leaders Coalition and the signing of the CEO Climate Change Statement, the following document has been created to provide an overview of the Coalition, the case for a low emissions economy, and the background of Coalition members, business leaders, and their sentiment and action in this space. Read more
12 Jul 2018 | Climate Leaders Coalition
Watch the Climate Leaders Coalition launch event, which occurred on July 12, 2018. Read more
12 Jul 2018 | Climate Leaders Coalition
60 businesses making up nearly fifty percent of New Zealand’s emissions have joined forces to tackle the issue of climate change.
It’s a significant move by the New Zealand business community, being praised as “strong” and “unprecedented” by local and global organisations.
On a mission to reduce emissions in New Zealand, the group of 60 CEOs have formed the Climate Leaders Coalition, recognising the role that business can play in bringing about change and signing a joint statement, which commits their companies to action. Read more
12 Jul 2018 | Meridian Energy
Business leaders embrace the opportunity of a low-carbon future, says Meridian. Meridian Energy is proud to be one of 60 businesses that today have signed the CEO Climate Change Statement, the first step taken by the Climate Leaders Coalition to drive positive change. Read more
12 Jul 2018 | Ravensdown
Ravensdown is one of 60 leading New Zealand businesses whose CEOs have signed a commitment to measure and publicly report their greenhouse gas emissions and work with suppliers to reduce their emissions.
12 Jul 2018 | Skycity
12 Jul 2018 | 3R
12 Jul 2018 | Deloitte
12 Jul 2018 | Ports of Auckland