Corporate Social Responsibility

 
 

Corporate Social Responsibility 

Our Corporate Social Responsibility (CSR) program aims to enhance the long term sustainability of Steadfast. The framework we’ve developed is based on our culture and underpinned by our commitment to the pillars of doing the right thing and acting responsibly.

Stronger Together

Our relationship with Sustainability Ambassador, Tim Jarvis AM, provides Steadfast with an opportunity to contribute on climate change and the transition to a lower-carbon economy.

- Steadfast Sustainability Ambassador: Tim Jarvis AM.
- Energy efficiency
- Carbon offsetting.

Insurance protects individuals and businesses when disaster strikes, providing a safety net against poverty and building financial wellbeing. Our brokers and underwriting agencies are proud to provide their clients with insurance solutions and advice.

- Our brokers, underwriting agencies and their clients.
- Salvation Army Red Shield Appeal Sydney launch sponsor.
- Steadfast Foundation.

Steadfast is committed to good health and wellbeing outcomes for our people and much of our charity giving is directed to improving health outcomes in our community.

- Employee attraction, retention and engagement.
- Health, safety and wellbeing.
- Steadfast Foundation.

We are committed to gender equality as a sound business practice and because it is the right thing to do. Diversity and inclusion is important in our business and we also promote gender equality through supporting initiatives outside Steadfast.

- Diversity and inclusion.
- Heads Over Heels. 
- Dive In festival.
- Woman in Insurance.
- Wear it Purple.

Insurance is a key factor in enabling sustainable economic growth. We provide insurance products that support decent work such as through our workers’ compensation solutions business, accident & health solutions and life insurance solutions. Our support for Indigenous people aims to provide opportunities for work and growth.

- Our brokers and their clients. 
- Industry engagement and leadership. 
- Reconciliation Action Plan.
- Indigenous Engagement Ambassador. 
- Investment in Origin Insurance.
- Human rights and modern slavery. 
- Governance framework.
- Data protection and privacy.

 
 

The Steadfast Foundation

 
 

Each year, the Steadfast Foundation, assisted by our brokers and partners, chooses a charity from the city in which the Steadfast Convention is held. At the 2019 Steadfast Convention in Queensland, the industry helped us raise $275,000 for The Black Dog Institute. 

>1%

More than 1% of Steadfast Group underlying net profit after tax was donated to charitable causes in the 2018/19 financial year.

$1.4m

raised by the Steadfast Foundation since inception in 2011

If you have a charity or cause that you would like to put forward to the Steadfast Foundation Board, please email grants@steadfast.com.au.

Click here to find out more about the Steadfast Foundation.

 
 

Economic
Sustainability

At Steadfast, we are committed to operating in a financially responsible manner and ensuring our ongoing economic sustainability. We have policies and procedures to identify and manage risks as well as a mission and vision, centred around creating wealth and value.

These are designed to ensure our future growth and prosperity as well as support that of our customers, suppliers, creditors, consumers, governments and local communities in a world where business, technology and economies are constantly evolving. The Board and the Senior Management Team consider longer term trends which may affect the business in their strategic planning and risk management such as continuing advancements in information technology, increased competition as well as market and regulatory changes. 

 
 
 

Environmental
Sustainability

Tim Jarvis AM wears many hats and one of those is Steadfast’s sustainability ambassador.

Tim is a polar explorer, environmental scientist, author, public speaker and film maker. Tim holds Masters degrees in environmental science and environmental law. He was conferred a Member of the Order of Australia (AM) for services to the environment, community and exploration in the 2010 Australian honours list and was voted Conservationist of the Year in 2016 by the Australian Geographic Society. In 2013, Tim successfully recreated Sir Ernest Shackleton's epic crossing of the Southern Ocean.

Tim speaks regularly to Steadfast businesses, highlighting the importance of environmental sustainability and providing practical guidance on what steps individuals and businesses can take to become more environmentally sustainable.

 
 

Social Values

Building a culture that supports and enables us to achieve our purpose, vision and strategy in an ethical and responsible manner is a strategic priority for Steadfast. We prioritise what matters to our brokers and strive to deliver an outstanding broker service to enable Steadfast Network brokers to thrive.

 
 

Diversity
and inclusion

Steadfast is committed to increasing and supporting diversity. This flows naturally from our values and is an important part of our culture.

Steadfast believes that we perform better as a business with diverse people and an inclusive culture. It helps us attract, retain and motivate the best people. We are proud of our considerable gender, ethnic and age diversity and are committed to inclusion at all levels regardless of sexual orientation, gender identity, age, disability, ethnicity, religious beliefs, cultural background or socio-economic background.

We do not tolerate discrimination, harassment or vilification and staff undergo training to support our commitment to inclusion.

 
 

Steadfast
Convention

The Steadfast convention is the largest insurance industry convention in Australia. A key focus of Convention presentation is the importance of always working in the best interest of customers and adhering to best practice standards.

 
 

Industry Engagement
and leadership

Several of our senior executives hold leadership role within the industry such as serving on the board of industry bodies. Our executives contribute by speaking an industry events and judging industry awards. Our executives are recognised throughout the industry and receive accolades for their leadership and contribution.

 
 

Reconciliation
Action Plan

Steadfast has committed to the development of our first Reconciliation Action Plan as part of our broader commitment to CSR and diversity and inclusion. We are committed to raising awareness and encouraging a deeper understanding of Aboriginal and Torres Strait Islander peoples - including their culture, history, achievements and aspirations - throughout Steadfast.