- Climate change continues to be a global risk and a material issue for the insurance industry.
- Market disruption: Changing technology & increasing data collection.
- Sector consolidation: SME brokers increasingly need support of an aligned network & equity investment.
- Regulatory change and increasing stakeholder scrutiny: Greater transparency, climate change impact & workforce diversity.
- Capacity risk: Strategic partners seeking enhanced returns by increasing premium and more selective risk appetite, in response to increased frequency and cost of claims.
- Highly competitive landscape for talent: Attracting and retaining customer-centric talent whilst offering increasingly flexible work arrangements.
- Increasing cybersecurity risk: Increased costs to protect our information.
Steadfast Group Limited
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, Steadfast Group Limited disclosed greenhouse gas emissions of 1.6K tCO2e/year (Scope 1 & 2). By scope: Scope 1: 601 tCO2e/year; Scope 2: 980 tCO2e/year. Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.
GHG Emissions
1.6K tCO2e/year (Scope 1 & 2)
2023
Waste
494 kg/year
2023
📊 Emissions by Scope (2023)
| Scope | What it covers | Reported value |
|---|---|---|
| Scope 1 | Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions). | 601 tCO2e/year |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 980 tCO2e/year |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
📈 Emissions by Report Period
| Report period | Headline emissions figure reported |
|---|---|
| 2023 | 1.6K tCO2e/year (Scope 1 & 2) |
| 2022 | 7.7K tCO2e (Scope 1 2 & 3 combined) |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Published the first phase of its carbon neutral transition plan (CNTP) in December 2022, aiming for a reduction in the intensity of its operating emissions (scope 1 & 2), with a target for its Australian controlled businesses to be carbon neutral by 2030.
- Purchased 828 carbon offset units to retire 1,078 tCO2e from corporate travel.
- Recycled 494kg of mixed electronic waste.
🎯 Climate & Sustainability Targets
📅 Medium-term
- Australian controlled businesses to be carbon neutral by 2030.
🌱 ESG Focus Areas
EnvironmentSocialGovernance