Steadfast Group Limited has released its FY26 Sustainability Report, disclosing Scope 1 and 2 greenhouse gas (GHG) emissions and conducting a climate-related transition risk scenario analysis. The report outlines Steadfast’s GHG emissions performance and measurement approach, as well as its strategic resilience to climate-related risks.
Material actions and disclosures
Steadfast disclosed its FY26 operational GHG emissions, applying the financial control approach to define its organisational boundary. The company reported 670 tCO2e for Scope 1 and 3,282 tCO2e for Scope 2 emissions. Steadfast also detailed its measurement approach, including the use of the Watershed platform to calculate emissions.
The company has not set any climate-related targets for FY26, as this year marks the baseline reporting period. Steadfast expects to reassess the appropriateness of setting such targets in future reporting periods as emissions data and transition planning capabilities mature.
Forward commitments
Steadfast has outlined its approach to climate-related risk resilience, including a scenario analysis that assesses potential impacts on its subsidiary brokers and underwriting agencies. The analysis considers two scenarios: a rapid decarbonisation pathway and a slower transition scenario. Steadfast’s strategy and business model are currently resilient to climate-related changes over the short-, medium-, and long-term horizons.
Steadfast will continue to monitor and adapt its strategy as required to evolving climate-related risks and opportunities. The company’s diversified business model and operational resilience enable it to respond to evolving conditions.
These disclosures are part of Steadfast’s commitment to transparency and sustainability reporting, in line with Australian Sustainability Reporting Standard AASB S2 Climate-related Disclosures.