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Aldermore
Creating a step change in sustainability focus, efficiency and impact
Name
Aldermore
Sector
Financial Services
Size
£20.5bn total assets
1,900 colleagues
Ownership
FirstRand Limited
Fun Fact
Ruffler Bank (acquired by Anacap in 2009 and transformed into Aldermore) originally provided finance for purchasing coin- operated vending, amusement and fairground machines in the leisure industry.
The Challenge
Aldermore has made strong progress in sustainability, particularly in advancing its social agenda. The team wanted an objective view of Aldermore’s greatest sustainability impacts, risks and opportunities1 to underpin a further step change in prioritisation, efficiency, effective communication and to build a strong foundation for embedding sustainability more directly into strategic planning.
Our Approach (We...)
- Drew on deep sector specialisms and strategic approach to build full value chain impact map
- Collaborated with sustainability team to develop nuanced insights
- Anchored analysis in leading global sustainability frameworks and latest regulatory and political developments
- Engaged a wide range of stakeholders through surveys and 1:1 interviews, surfacing key debates
- Liaised with internal stakeholders to produce highly relevant and actionable impact & financial materiality1 outputs
1. This is known as a ‘Double Materiality Assessment’ and (when done well) underpins best practice sustainability reporting and strategy setting
What was different
- Deep sector fluency – grounded in specialist knowledge of UK banking, enabling more relevant insights and faster alignment with business priorities
- Hands-on, collaborative approach – co-created with internal teams to build engagement, surface nuance, and ensure outputs are embedded
- Action-focused outcomes – Clear, prioritised outputs that directly inform strategic decision-making – not generic heatmaps or tick-box exercises
Results
- Robust, evidenced based short list of key sustainability impacts, risks and opportunities
- Clarity on materiality of topics for reporting, risk monitoring, communications and strategy development
- Enhanced Executive-level understanding of the strategic value of sustainability
- Recommended resource prioritisation and stop / start / continue actions to improve efficiency and impact
What they had to say:
“We chose Perigon for this work as we wanted a partner who would understand our pragmatic and proportionate approach to sustainability. The feedback from senior stakeholder interactions were excellent and the output we have received as a result is truly transformational for future strategy. I look forward to working with Perigon on future projects.“
Tom Harding, Head of ESG and Sustainability
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