- Subdued lending markets and market-wide pressure on margins
- Heightened competition in the savings market
- Slowing economic growth impacting demand for new and used cars
- FCA investigation into motor finance discretionary commission models
- Rising interest rates suppressing demand in the mortgage market
- Challenges in the buy-to-let sector
- High interest rates suppressing borrowing appetite for businesses
- Need to adapt to changing customer behaviour in the digital age
- Regulatory developments focusing on consumer protection
- Climate change as a key emerging risk
Aldermore Group PLC
Greenhouse gas emissions & sustainability report data
In its 2024 reporting, Aldermore Group PLC disclosed greenhouse gas emissions of 538 tCO2e/year (Scopes 1-2). By scope: Scope 2: 273.4 tCO2e/year (market-based); Scope 3: 72.7 tCO2e/year. Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.
GHG Emissions
538 tCO2e/year (Scopes 1-2)
2024
📊 Emissions by Scope (2024)
| Scope | What it covers | Reported value |
|---|---|---|
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 273.4 tCO2e/year (market-based) |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 72.7 tCO2e/year |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
📈 Emissions by Report Period
| Report period | Headline emissions figure reported |
|---|---|
| 2024 | 538 tCO2e/year (Scopes 1-2) |
| 2022 | 510.0 tCO2e/year |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- 19% tCO₂e reduction in emissions against the previous financial year
- Over 56,000kg of carbon saving through furniture reuse
- Zero waste to landfill on furniture redistribution projects
- Approximately 69% of company cars fully electric and 29% hybrid
🎯 Climate & Sustainability Targets
🔜 Short-term
- Continue to reduce emissions and improve waste management processes
📅 Medium-term
- Achieve net zero emissions for scopes 1-2 by 2030
- Develop a finance proposition within SaS tailored to the energy and infrastructure renewables financing sector
🔭 Long-term
- Achieve net zero for financed emissions by 2050
🌱 ESG Focus Areas
financial inclusionfinancial wellbeingclimate impacteconomic transformation