ATB Financial, headquartered in Alberta, Canada, is a leading financial institution that has been serving the province since its founding in 1938. As a prominent player in the banking industry, ATB Financial offers a diverse range of services, including personal and business banking, investment solutions, and wealth management. With a strong commitment to community and innovation, ATB Financial has achieved significant milestones, such as being the first financial institution in Canada to introduce a fully digital banking platform. Its unique approach to customer service and tailored financial products has positioned ATB Financial as a trusted partner for Albertans, earning accolades for its customer satisfaction and community involvement. As it continues to grow, ATB Financial remains dedicated to enhancing the financial well-being of its clients across Alberta and beyond.
How does ATB Financial's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Mean score of companies in the industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
ATB Financial's score of 29 is higher than 61% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, ATB Financial reported total carbon emissions of approximately 101,568,000 kg CO2e. This figure includes 6,783,000 kg CO2e from Scope 1 emissions, 8,807,000 kg CO2e from Scope 2 emissions, and 85,978,000 kg CO2e from Scope 3 emissions. Notably, the company has shown a significant reduction in emissions over the years, decreasing from about 133,915,000 kg CO2e in 2019 to the latest figure in 2023. The breakdown of emissions for 2023 indicates that the majority of their carbon footprint arises from Scope 3 emissions, particularly from downstream transportation and distribution, which accounted for approximately 10,556,000 kg CO2e. Despite these reductions, ATB Financial has not publicly disclosed specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges. The absence of formal reduction commitments suggests a need for further clarity on their long-term climate strategy. Overall, ATB Financial's emissions data reflects a commitment to monitoring and reducing their carbon footprint, aligning with broader industry trends towards sustainability and climate responsibility.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Scope 1 | 6,389,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
Scope 2 | 19,349,000 | 00,000,000 | 00,000,000 | 00,000,000 | 0,000,000 |
Scope 3 | 108,177,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
ATB Financial is not committed to any reduction initiatives we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.