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.
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.
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.
Insignia Financial's score of 33 is higher than 59% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, 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, while Scope 3 emissions accounted for about 13,304,900 kg CO2e. In 2023, the company’s total emissions were approximately 15,106,900 kg CO2e, with Scope 2 emissions remaining consistent at 1,355,200 kg CO2e and Scope 3 emissions also at about 13,304,900 kg CO2e. Notably, Scope 1 emissions were reported as zero across these years. Insignia Financial has not set specific reduction targets or initiatives as part of its climate commitments, and there are no documented climate pledges or SBTi targets. The company’s emissions data is not cascaded from any parent organisation, indicating that all reported figures are directly from Insignia Financial Ltd. Overall, while Insignia Financial has made strides in transparency regarding its emissions, it currently lacks defined reduction strategies or commitments to mitigate its carbon footprint.
Access structured emissions data, company-specific emission factors, and source documents
2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|
Scope 1 | 1,500 | - | - | - |
Scope 2 | 1,545,600 | 0,000,000 | 0,000,000 | 0,000,000 |
Scope 3 | 8,278,800 | 00,000,000 | 00,000,000 | 00,000,000 |
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 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.