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.
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.
Industry Benchmark
Steadfast Group Limited's score of 24 is lower than 56% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Steadfast Group Limited's reported carbon emissions
In 2024, Steadfast Group Limited reported total carbon emissions of approximately 1,358,000 kg CO2e from Scope 2 and about 704,000 kg CO2e from Scope 1. This marks a significant increase in emissions compared to 2023, where emissions were approximately 980,000 kg CO2e for Scope 2 and about 547,000 kg CO2e for Scope 1. The data indicates a trend of increasing emissions over the past few years, with 2022 figures showing approximately 667,000 kg CO2e for Scope 2 and about 261,000 kg CO2e for Scope 1. Steadfast has set ambitious climate commitments, aiming for carbon neutrality in its Australian-controlled businesses by 2030. This target is part of their Carbon Neutral Transition Plan (CNTP), which focuses on reducing the intensity of Scope 1 and Scope 2 operating emissions. The commitment reflects a proactive approach to addressing climate change and aligns with industry standards for sustainability. The company has not disclosed any Scope 3 emissions data, which accounted for approximately 7,189,000 kg CO2e in 2021. This lack of recent Scope 3 data may indicate a need for further transparency in their overall emissions profile. Overall, Steadfast Group Limited is taking steps towards reducing its carbon footprint, with a clear target for the near term, while continuing to monitor and report on its emissions across relevant scopes.
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| 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|
| Scope 1 | 24,000 | 000,000 | 000,000 | 000,000 |
| Scope 2 | 516,000 | 000,000 | 000,000 | 0,000,000 |
| Scope 3 | 7,189,000 | - | - | - |
Industry emissions intensity
Location emissions 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.
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.
