Aldermore
This brand is rated based on FirstRand
Sorry, we don't know enough about Aldermore yet.
Aldermore is owned by FirstRand, a South African banking and financial services company. It therefore receives the same rating as FirstRand.
FirstRand is playing its part in the clean energy transition. It now funds more renewable energy than fossil fuels, and fossil fuel lending accounted for only 1.5% of total lending at June 30, 2024.
It has a policy stating it will not finance new coal-fired power stations. We'd like to see this policy cover all extraction and processing of coal, oil & gas. And we'd like it to accelerate the rate of transition.
FirstRand has measured greenhouse gas emissions enabled by its lending and has set targets.
We would like it to see offering loans for home renewable energy solutions, purchase of electric vehicles and similar "green" consumer products.
Bank.Green was founded on the belief that banks have had an easy time from their customers for too long. Mass movements will pull us out of the climate crisis – and they'll pull Aldermore out, too.
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