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Insurance Services
AU
updated 2 months ago

Steadfast Group Limited Sustainability Profile

Company website

Steadfast Group Limited, commonly referred to as Steadfast, is a leading insurance broker network headquartered in Australia. Established in 1996, the company has grown significantly, now operating across various regions, including New Zealand and the Asia-Pacific. Steadfast is renowned for its expertise in the insurance industry, providing a comprehensive range of services such as risk management, insurance broking, and underwriting. What sets Steadfast apart is its unique model that empowers independent brokers while offering them access to a vast array of resources and support. This approach has solidified its position as a market leader, with notable achievements including a strong presence in the ASX and a reputation for innovation in insurance solutions. With a commitment to excellence, Steadfast continues to shape the future of the insurance landscape.

DitchCarbon Score

How does Steadfast Group Limited'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.

24

Industry Average

Mean score of companies in the Insurance Services 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.

33

Industry Benchmark

Steadfast Group Limited's score of 24 is lower than 69% of the industry. This can give you a sense of how well the company is doing compared to its peers.

31%

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Steadfast Group Limited's reported carbon emissions

In 2024, Steadfast Group Limited reported total carbon emissions of approximately 2,058,000 kg CO2e, comprising 704,000 kg CO2e from Scope 1 and 1,358,000 kg CO2e from Scope 2. This marks an increase from 2023, where emissions were about 1,527,000 kg CO2e, with 547,000 kg CO2e from Scope 1 and 980,000 kg CO2e from Scope 2. In 2022, the company recorded emissions of approximately 928,000 kg CO2e, with 261,000 kg CO2e from Scope 1 and 667,000 kg CO2e from Scope 2. Steadfast has set ambitious climate commitments, aiming for carbon neutrality in its Australian-controlled businesses by 2030. This target encompasses reductions in the intensity of both Scope 1 and Scope 2 emissions, reflecting the company's commitment to addressing its operational carbon footprint. Notably, in 2021, the company reported Scope 3 emissions of approximately 7,189,000 kg CO2e, indicating a significant upstream impact that remains unaddressed in their current reduction targets. Steadfast's climate initiatives are part of a broader strategy to enhance sustainability and reduce environmental impact, aligning with industry standards for climate action.

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2021202220232024
Scope 1
-
000,000
000,000
000,000
Scope 2
-
000,000
000,000
0,000,000
Scope 3
7,189,000
-
-
-

How Carbon Intensive is Steadfast Group Limited's Industry?

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Steadfast Group Limited's primary industry is Insurance Services, which is very low in terms of carbon intensity compared to other industries.

How Carbon Intensive is Steadfast Group Limited's Location?

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. This request for Steadfast Group Limited is in AU, which has a very high grid carbon intensity relative to other regions.

Steadfast Group Limited's Climate Goals (2030 & 2050)

Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.

Steadfast Group Limited has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

Compare Steadfast Group Limited's Emissions with Industry Peers

Qbe Insurance

AU
•
Insurance and pension funding services, except compulsory social security services (66)
Updated 18 days ago

ALLIANZ GROUP

DE
•
Insurance and pension funding services, except compulsory social security services (66)
Updated 5 days ago

Aon

GB
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 15 days ago

Arthur J Gallagher And Co

US
•
Insurance and pension funding services, except compulsory social security services (66)
Updated 22 days ago

Suncorp

AU
•
Insurance and pension funding services, except compulsory social security services (66)
Updated 19 days ago

Bupa Health Services Pty Limited

AU
•
Insurance and pension funding services, except compulsory social security services (66)
Updated about 2 months ago

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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

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