ATB Financial Sustainability Profile
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.
DitchCarbon Score
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.
Industry Average
Mean score of companies in the Services Auxiliary to Financial Intermediation 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.
Industry Benchmark
ATB Financial's score of 32 is higher than 54% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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ATB Financial's reported carbon emissions
In 2023, ATB Financial reported total carbon emissions of approximately 73,835,000 kg CO2e. This figure includes 5,017,000 kg CO2e from Scope 1 emissions, 7,260,000 kg CO2e from Scope 2 emissions, and a significant 61,558,000 kg CO2e from Scope 3 emissions. Compared to 2022, where total emissions were about 75,660,000 kg CO2e, ATB Financial has achieved a reduction in overall emissions. Since 2019, ATB Financial has committed to reducing its Scope 1 and 2 emissions by 43% by 2024, demonstrating a proactive approach to climate action. This target reflects their ongoing efforts to enhance sustainability and reduce their carbon footprint. The company has successfully reduced its Scope 1 and 2 emissions, which totalled 12,277,000 kg CO2e in 2023, down from 15,017,000 kg CO2e in 2022. ATB Financial's emissions data is not cascaded from any parent organization, indicating that their reported figures are independently sourced. The company continues to focus on its climate commitments, aiming for further reductions in the coming years.
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| 2019 | 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 | 0,000,000 | 0,000,000 |
| Scope 3 | 108,177,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
How Carbon Intensive is ATB Financial's Industry?
How Carbon Intensive is ATB Financial's Location?
ATB Financial's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
ATB Financial has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
