ESG focus areas

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  1. Sustainability

Since 2021, Insignia Financial has supported the United Nations Sustainable Development Goals (UN SDGs), using them as a framework to guide our ESG principles and initiatives.

While we support all 17 UN SDGs, we have prioritised five goals, given their relevance to our business and our ability to drive change in these areas.

 Goal

Aims to achieve
Good health and well-being
 Ensure healthy lives and promote wellbeing for all at all ages
Quality education
 Ensure inclusive and equitable quality education and promote lifelong learning opportunities for all
Gender equality
 Ensure women’s full participation at all levels of decision making in political, economic and public life
Reduced inequalities
 Reduce inequality within and among countries, including human rights and Indigenous people’s rights
Climate action
 Take urgent action to combat climate change and its impacts 

 

Our ESG strategy and framework

Our strategic framework has four primary focus areas, each with relevant material topics.

In developing our strategy, we recognise upcoming mandatory climate-related reporting proposed for financial year 2025, and the adoption of global best practices such as the International Sustainability Standards Board’s (ISSB) new sustainability standards, announced in June 2023.

We also remain committed to understanding and addressing climate-related risk in our business through support of the Task Force on Climate-related Financial Disclosures (TCFD), which will be incorporated into the ISSB standards.

  • Focus areas for 2023

  • Governance

  • Client impact

  • Social impact

  • Environmental impact


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Governance and transparency are crucial to the overall sustainability, credibility and success of our organisation.


FOCUS AREAS

  • Governance, compliance, transparency and disclosure
  • Data and cybersecurity
  • Technology and AI
  • Procurement and modern slavery

KEY TARGETS AND INITIATIVES

  • Align sustainability reporting to ISSB standards by financial year 2025

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We believe financial wellbeing is a right for every Australian. We seek to deliver more value to existing clients and make advice more accessible.


FOCUS AREAS

  • Responsible investment, ESG integration and stewardship
  • Financial wellbeing and advice accessibility
  • Product simplification and innovation

KEY TARGETS AND INITIATIVES

  • Align investment business to Principles for Responsible Investment (PRI)

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Having an inclusive workplace that reflects the society we serve is important to us. We recognise financial wellbeing is out of reach for many vulnerable communities and are working to close the gap.


FOCUS AREAS

  • Engaging First Nations people
  • Community investment
  • Employee engagement, wellbeing and retention
  • Diversity, inclusion and equal opportunity

KEY TARGETS AND INITIATIVES

  • Complete Innovate RAP actions by March 2025
  • Increase employee volunteering to 40% by 2025

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We understand the sustainability of our organisation is linked to being a good environmental steward.


FOCUS AREAS

  • Operational environmental impacts
  • Climate risk assessment
  • Biodiversity and conservation

KEY TARGETS AND INITIATIVES

  • Set 2030 emissions-reduction target for operational emissions