• Thank you for taking the time to fill out this survey. Its purpose is to understand staff views regarding Suncorp’s investment in and underwriting of coal, oil and gas companies and projects, and the impacts climate change is having and will have on the company.

    It is anonymous and takes two minutes to complete.

    This survey is organised by Market Forces, an independent environment group that advocates for finance and investment to be directed away from activities that harm the environment and towards activities that protect and enhance it.

  • Suncorp has under-provisioned for natural hazards in eight of the last ten years, with its latest half-yearly profit once again hit by extreme weather fuelled by global warming.

    Munich Re and Swiss Re warned at the end of 2017 that climate change threatens the entire business model of the insurance industry, due to actuaries being unable to model future risk based on past risk. In 2018 IAG and the NZ Reserve Bank both warned that large swathes of the globe are becoming uninsurable due to climate change.

  • Other insurance companies, such as Axa, Allianz and QBE have started responding to increasing climate change risk by divesting their coal company shares and phasing out their underwriting of thermal coal.