Suncorp Group has introduced a new Innovate Reconciliation Action Plan (RAP) for 2024-2026 as part of its commitment to reconciliation in Australia.
This plan, supported by Reconciliation Australia, outlines strategies aimed at enhancing economic equity and supporting First Nations self-determination.
Stuart Beaumont, executive general manager of customer service at Suncorp, has been designated as the RAP champion to spearhead the initiative.
Beaumont said that the latest initiative is the company’s third RAP and second Innovate RAP.
“We’re looking forward to building on and strengthening the connections and relationships we’ve forged so far,” he said.
He emphasised that collaboration with various First Nations stakeholders – including Aboriginal and Torres Strait Islander colleagues, the First Nations Employee Resource Group, One Mob, and RAP partners such as First Nations Foundation, Firesticks, and CareerTrackers – has clarified areas where Suncorp can make a significant impact.
Suncorp said it envisions an Australia where Aboriginal and Torres Strait Islander peoples achieve financial and overall wellbeing. The insurer said the new plan reaffirms its commitment to respecting and integrating First Nations knowledge and connections to the land, water, and sky to contribute to the resilience of Australia’s environment.
“We’ve built good foundations for our reconciliation program; however, we know there are plenty more opportunities ahead of us to bring tangible benefits to the lives of Aboriginal and Torres Strait Islander peoples and communities,” Beaumont said. “We’re excited to bring this to life with the renewed focus of this plan.”
To celebrate NAIDOC Week 2024 and involve staff in the reconciliation process, Suncorp hosted a special RAP launch event.
The event included a panel discussion on the importance of reconciliation, the company’s achievements thus far, and the commitments outlined in the 2024-2026 Innovate RAP.
Suncorp also recently teamed up with the Foundation for Rural and Regional Renewal (FRRR) to offer $300,000 in grants for not-for-profit organisations in regional Queensland impacted by Tropical Cyclones Jasper and Kirrily.