This company profile is not publicly available
|QBE Insurance (Australia) Ltd||AUS||website|
| QBE Insurance Group Ltd
owns 100% of QBE Insurance (Australia) Ltd
|QBE Insurance (Australia) Ltd|
In 2017 this company was ordered by ASIC to refund customers a total of $15.9 million over worthless add-on insurance sold to car owners.
Source: ABC (2017)
California, the UK and Australia have all enacted legislation requiring companies operating within their borders to disclose their efforts to eradicate modern slavery from their operations and supply chains. Follow the link to see this company's disclosure statement.
Source: Modern Slavery Registry (2016)
|QBE Insurance Group Ltd|
In 2019, the Carbon Disclosure Project (CDP) asked companies to provide data about their efforts to reduce greenhouse gas emissions and mitigate climate change risk. Responding companies are scored across four key areas: disclosure; awareness; management; and leadership. This company received a CDP Climate Change Score of B.
Source: CDP (2019)
This company received an S&P Global ESG Score of 68/100 in the Insurance category of the 2019 SAM Corporate Sustainability Assessment, an annual evaluation of companies' sustainability practices. The rankings are based on an analysis of corporate economic, environmental and social performance, assessing issues such as corporate governance, risk management, environmental reporting, climate strategy, human rights and labour practices.
Source: S&P Global (2019)
The Unfriend Coal campaign by a group of NGOs has ranked the world's leading insurance companies on underwriting coal projects, coal divestment, and other climate action. This company was among the worst performers.
Source: Unfriend Coal (2018)
According to the democracyforsale.net website, this company donated $220,144 to Australia's major political parties between 2012 and 2018, as disclosed to the Australian Electoral Commision (AEC).
Source: Democracy For Sale (2018)
This company appears on the 2020 Bloomberg Gender-Equality Index, signifying a commitment to supporting gender equality through policy development, representation, and transparency.
Source: Bloomberg (2020)
This company is a signatory to the Principles for Sustainable Insurance (PSI), a global framework for the insurance industry to address environmental, social and governance risks and opportunities. PSI is an initiative of the United Nations.
Source: UNEPFI (2018)
UNPRI is a set of six principles direct institutional investors may adopt to consider environmental, social and corporate governance issues when investing. UNPRI is a voluntary agreement.
Source: UNPRI (2020)
Launched in 2011, the QBE Foundation supports charities that help people overcome disadvantage, strengthen their abilities, and live more independently, successfully and productively.
Source: company website (2018)
Between 2015 and 2018 this company paid $556 million tax on a total income of $20.5 billion, earning the number 26 spot on Michael West's Top 40 Tax Payers 2020. West calculated which of Australia's largest companies have paid the most tax using three years of tax transparency data published by the Australian Tax Office.
Source: Michael West (2018)
|Company Structure||Wholly-owned subsidiary|