Public Profile

Insignia Financial

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.

DitchCarbon Score

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.

6

Industry Average

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.

13

Industry Benchmark

Insignia Financial's score of 6 is higher than 60% of the industry. This can give you a sense of how well the company is doing compared to its peers.

60%

Insignia Financial's reported carbon emissions

In 2023, Insignia Financial reported total carbon emissions of approximately 14,660,000 kg CO2e. This figure includes 1,355,200 kg CO2e from Scope 2 emissions, primarily from purchased electricity, and 13,304,900 kg CO2e from Scope 3 emissions, which encompass areas such as business travel and employee commuting. Notably, there were no reported Scope 1 emissions for this year. In 2022, the company's total emissions were about 13,764,700 kg CO2e, with Scope 2 emissions at 1,342,200 kg CO2e and Scope 3 emissions significantly higher at 13,764,700 kg CO2e. The previous year, 2021, saw total emissions of approximately 9,825,900 kg CO2e, with Scope 1 emissions at 1,500 kg CO2e, Scope 2 at 1,545,600 kg CO2e, and Scope 3 emissions reaching 8,278,800 kg CO2e. Despite these figures, Insignia Financial has not publicly committed to specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or climate pledges. The company operates within a sector increasingly focused on sustainability, and its emissions data reflects the broader industry trend towards transparency and accountability in carbon management.

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Add to project
202120222023
Scope 1
1,500
-
-
Scope 2
1,545,600
0,000,000
0,000,000
Scope 3
8,278,800
00,000,000
00,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Insignia Financial's primary industry is Financial intermediation services, except insurance and pension funding services (65), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. Insignia Financial is headquartered in AU, which has a rank of very high, indicating very high grid carbon intensity.

Reduction initiatives & disclosure networks

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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers