Public Profile

Steadfast Group Limited

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.

16

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.

27

Industry Benchmark

Steadfast Group Limited's score of 16 is lower than 99% of the industry. This can give you a sense of how well the company is doing compared to its peers.

1%

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Steadfast Group Limited's reported carbon emissions

In 2023, Steadfast Group Limited reported carbon emissions of approximately 547,000 kg CO2e for Scope 1 and about 980,000 kg CO2e for Scope 2. The company did not disclose Scope 3 emissions for this year. In 2021, their emissions were significantly higher, with Scope 1 emissions at 24,000 kg CO2e, Scope 2 at 516,000 kg CO2e, and Scope 3 at approximately 7,189,000 kg CO2e. The data indicates a trend of increasing emissions over the years, particularly in Scope 1 and Scope 2, with 2024 projected emissions showing further increases to about 704,000 kg CO2e for Scope 1 and approximately 1,358,000 kg CO2e for Scope 2. Currently, Steadfast Group has not set specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or climate pledges. This lack of formal commitments may reflect the broader industry context, where many companies are still developing comprehensive climate strategies. Overall, while Steadfast Group Limited has made strides in reporting their emissions, the absence of reduction initiatives highlights an area for potential growth in their climate commitments.

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202120232024
Scope 1
24,000
000,000
000,000
Scope 2
516,000
000,000
0,000,000
Scope 3
7,189,000
-
-

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Steadfast Group Limited's primary industry is Insurance and pension funding services, except compulsory social security services (66), 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. This request for Steadfast Group Limited is in AU, which has a very high grid carbon intensity relative to other regions.

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.

Steadfast Group Limited is not participating in any of the initiatives that 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
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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