Suncorp New Zealand has chosen sustainable energy provider Ecotricity as its utility partner for its 12 new Suncorp New Zealand office spaces across Aotearoa.
The insurer said the switch meant all of its NZ officers were now running on 100% renewable and sustainable power.
Carly Orr, executive manager for corporate affairs and sustainability at Suncorp New Zealand, said the move would help the company meet its net-zero target.
The insurance group brought forward its net-zero target by 20 years to 2030, announcing its revised target last year.
“Switching to a provider who has 100 per cent renewable Toitū Climate Positive energy is a great step toward meeting our target. That’s something we can feel really good about.
“Our team are continually reviewing how our business is impacting the environment, which is important to help us meet our sustainability goals,” Orr said.
Because of the partnership with Ecotricity, the company no longer needs to purchase renewable energy certificates to offset emissions, as it previously did.
Ecotricity is New Zealand’s first and only Toitū Climate Positive certified electricity provider.
Ecotricity's 100% renewable electricity has no associated emissions because the emissions associated with the provider’s electricity have been measured, reduced, and offset where possible.
Orr added that as the insurer works toward its 2030 target, it will focus on meeting its mandatory climate-related disclosure requirements as well as contributing to the Suncorp Group's anti-modern slavery focus.
