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If you’re ambitious about growing a business that matters—and resonate with our approach—we’d be delighted to talk.
Allica
An insight into Allica - Navigating Net Zero with Europe's fastest growing startup
Name
Allica
Sector
Financial Services
Size
£4.9bn total assets
658 colleagues (2024)
Ownership
Private Equity
Fun Fact
Allica has as many growth accolades as orange bowler hats: The Sunday Times fastest growing private company in the UK and Sifted’s fastest growing startup in Europe to name but two (of many more).
The Challenge
Allica’s core purpose (of delivering the business banking that established SMEs deserve) generates positive societal good, supporting levelling up and helping activities and prosperity stay local. But it also wants to build an environmentally responsible bank and was looking for support to understand what its approach to Net Zero should be and to start measuring emissions in the categories that matter most.
Our Approach (We...)
- Assessed the bigger picture of Allica’s growth stage and social impact
- Made clear, jargon-free recommendations, grounded in real-world context
- We sourced information efficiently, with minimal disruption to fast-moving, time-poor colleagues
- We built zero-cost, practical and tailored models for emissions calculations
- We acted as strategic sounding board and advised on pragmatic next steps.
What was different
- Helping Allica chart its own path rather than blindly follow the herd
- Plans and targets anchored in the real world not in wishful thinking
- Practical modelling not expensive tools
Results
- Net Zero strategy ratified and disclosed
- New financed emissions models repeatable and expandable across existing and new lending portfolios
- Straightforward business travel, employee commuting & homeworking and scope 1 & 2 models
- Clear story for external stakeholders – current and future
- Practical roadmap to enhance future data availability and quality
What they had to say:
"At Allica, we’re proud of our mission supporting the established SMEs that are such vital pillars of Britain’s local communities. Our success has come from a willingness to think and act differently, so we were seeking a sustainability approach that was distinctively ours. Perigon Partners brought speed, rigour, candour and challenge to the task – all qualities we deeply value at Allica – and helped us to make a step change in our capabilities."
Conrad Ford, Chief Product Officer and accountable for Allica’s Sustainability agenda
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