November 12, 2020

By First Nations Foundation

Suncorp launches new Reconciliation Action Plan

By First Nations Foundation

November 12, 2020

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Suncorp’s RAP 2020–22 has been endorsed by Reconciliation Australia and has been recognised as an ‘Innovate’ RAP, which acknowledges that we’ve moved from the scoping to implementation phase.

Suncorp’s Executive General Manager Consumer Distribution, Banking & Wealth, Chris Fleming, has been appointed Suncorp’s RAP Champion for the next two years.

Fleming said the RAP sets out our vision for reconciliation, which is centred on coming together to build a more inclusive, prosperous and resilient Australia – for all Australians.

“Our first RAP, launched in 2018, has given us a really solid foundation,” Fleming said. “Having spent time with our Aboriginal and Torres Strait Islander stakeholders, we’ve been able to develop a clearer vision for reconciliation and the role that Suncorp can play.

“For us, we believe our company can have the most impact by supporting financial, social and natural hazard resilience, while continuing to strengthen relationships with Aboriginal and Torres Strait Islander peoples and communities over the coming two years.

“We’re proud to be embarking on this next phase.”

Suncorp’s vision

“All Aboriginal and Torres Strait Islander peoples to be empowered to participate in the economy, be included in the financial system and have the means to build financial, social and natural hazard resilience for themselves, their family and their community.”

Suncorp’s progress

  • Created 11 employment pathways for Aboriginal and Torres Strait Islander peoples through CareerTrackers and MatchWorks

  • Spent $1.97 million with Aboriginal and Torres Strait Islander suppliers through Supply Nation

  • Supported Aboriginal and Torres Strait Islander businesses to generate $330,000 revenue for through the Meeanjin Markets

  • Partnered with First Nations Foundation which have reunited 1,636 people across Australia with $24.04 million in lost super

Suncorp has made solid progress since the launch of its Reflect Reconciliation Action Plan in May 2018. The Group has embedded our Aboriginal and Torres Strait Islander Cultural Handbook for all employees to use as a reference guide and launched an online introductory cultural awareness learning pack.

Each year, Suncorp has observed National Reconciliation Week and NAIDOC Week with many of its employees participating in events across Australia. More than 2,000 employees have also engaged in cultural awareness and capability building opportunities including cultural walking tours, workshops, morning teas, performances, markets, career expos and immersion experiences.

The Group has strengthened its employment pathways and support for Aboriginal and Torres Strait Islander candidates through CareerTrackers and other recruitment agencies.

In 2019-20, Suncorp strengthened its partnership with Clontarf Foundation, hosting career exposure days and work experience opportunities to improve education and employment outcomes for young Indigenous men. Suncorp attended Clontarf’s employment forums where students broaden their horizons, learn new skills and discover a range of career options. Suncorp leaders also participated in immersive cultural experiences with the Clontarf Academies, deepening their understanding of the work Clontarf does to prepare students for transition from school to employment. Suncorp employed a Clontarf Foundation graduate into its store network this year.

In 2019-20, the Group also worked with The South East Queensland Indigenous Chamber of Commerce to improve economic participation for small businesses, through the Meeanjin Markets in Brisbane and First Nations Foundation to support the launch of which provides financial education and capability building.

You can read the Suncorp RAP here.

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