Suncorp Group Ltd

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Direct Lobbying Transparency

Overall Assessment	Comment	Score
Comprehensive	Suncorp Group offers detailed, policy–specific insight into its climate-policy advocacy. The company identifies a range of concrete initiatives it seeks to influence, including “Reforming sub-national taxes on insurance policies that disincentivise take up of insurance policies,” securing “Fiscal expenditures on natural hazard resilience – overall quantum and governance of expenditure decisions,” and proposals under its “Protecting the North” programme such as “reduced GST on insurance premiums,” a “commitment to a review of the building codes,” and directing “NAIF funds to invest in community resilience and community mitigation infrastructure.” It also explains how these objectives are pursued, citing “policy position papers and submissions prepared either directly by Suncorp or through an industry association,” “advocacy positions put in meetings with political, public policy and industry stakeholders,” and collaboration with identifiable public bodies such as Treasury, the New South Wales and Queensland Governments, Townsville City Council and federal agencies on projects like the Bundaberg Flood Levee. The outcomes the company is driving toward are explicit: achieving “reduced insurance premiums,” unlocking government finance for disaster-mitigation infrastructure, improving building codes, providing “funding assistance for resilience enhancements,” and phasing out support for thermal coal, oil and gas, all aimed at “future-proof[ing] communities for the consequences of a changing climate.” By clearly naming the policies addressed, the mechanisms and targets of engagement, and the specific results it is seeking, Suncorp demonstrates comprehensive transparency in its climate-related lobbying.	4

Lobbying Governance

Overall Assessment	Comment	Score
Moderate	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.	2