Insignia Financial, formerly known as IOOF Holdings Limited, is a prominent Australian financial services company headquartered in Melbourne, Victoria. Established in 1846, Insignia Financial has evolved into a leading player in the wealth management and financial advice sectors, serving clients across Australia. The company offers a diverse range of core products and services, including superannuation, investment management, and financial planning. Insignia Financial distinguishes itself through its commitment to personalised service and innovative solutions tailored to meet the unique needs of its clients. With a strong market position, Insignia Financial has achieved significant milestones, including strategic acquisitions that have expanded its operational footprint and enhanced its service offerings. As a trusted name in the industry, Insignia Financial continues to set benchmarks in financial advisory and wealth management.
How does Insignia Financial's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Mean score of companies in the Financial Intermediation industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Insignia Financial's score of 29 is higher than 78% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Insignia Financial reported total carbon emissions of approximately 14,660,000 kg CO2e. This figure includes 0 kg CO2e from Scope 1 emissions, 1,355,200 kg CO2e from Scope 2 emissions, and a significant 13,304,900 kg CO2e from Scope 3 emissions. Notably, the Scope 3 emissions comprise various categories, including 981,948.5 kg CO2e from business travel and 2,915,631.7 kg CO2e from employee commuting. In 2022, the company recorded total emissions of about 14,805,000 kg CO2e, with consistent figures for Scope 1 and Scope 2 emissions at 1,500 kg CO2e and 1,545,600 kg CO2e, respectively. The Scope 3 emissions remained unchanged at 8,278,800 kg CO2e. For 2021, Insignia Financial's total emissions were approximately 9,825,900 kg CO2e, with Scope 1 emissions at 1,500 kg CO2e, Scope 2 emissions at 1,545,600 kg CO2e, and Scope 3 emissions at 8,278,800 kg CO2e. Despite the lack of specific reduction targets or initiatives disclosed, Insignia Financial's emissions data indicates a growing trend in total emissions over the years. The company is encouraged to establish clear climate commitments and reduction strategies to align with industry standards and contribute to global climate goals.
Access structured emissions data, company-specific emission factors, and source documents
2021 | 2022 | 2023 | |
---|---|---|---|
Scope 1 | 1,500 | 0,000 | - |
Scope 2 | 1,545,600 | 0,000,000 | 0,000,000 |
Scope 3 | 8,278,800 | 0,000,000 | 00,000,000 |
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Insignia Financial is not committed to any reduction initiatives we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.