Sustainable growth

We seek to innovate and optimise economic, social and environmental outcomes throughout our business and value chain.

To create sustainable value, we adapt our business to evolving market conditions. Suncorp takes a long-term view, makes balanced business decisions and actively responds to changing economic, social and environmental conditions. We manage our own economic, social and environmental impacts to ensure the sustainable growth of both our business and the communities in which we operate.  

Our Performance 

Cylone Ready Streets

Cyclone season in north Queensland is a major event and can cause significant damage to people and property. However, during Cyclone Yasi we found that nine out of 10 insurance claims involved damage that could be prevented by proper weather-event planning.

Last cyclone season, Suncorp worked closely with the Townsville City Council to encourage locals to get cyclone-ready. “We’re pleased to partner with Suncorp on this important initiative. To make it easier we’ve also launched a 3x3 action plan which people can access on the website,” Local Disaster Management Group deputy chair, Cr Kurt Rehbein said.

The plan is a simple step-by-step checklist of what to do 3 weeks, 3 days and 3 hours before a cyclone hits.

In 2016, we launched a special event called Cyclone Ready Streets. We encouraged locals to get together with four other households from their street to get cyclone-ready on the event day, and then we provided them all with a BBQ that afternoon.

Over 200 households signed up to get more than 50 streets cyclone ready.

Cyclone Ready Streets is part of Suncorp’s Protecting the North initiative. We plan to roll the campaign out again next storm season. Watch more

Read our 2016-17 Annual Review