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 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.
ATB Financial's score of 38 is higher than 88% 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, which encompass direct emissions from owned or controlled sources, and 8,807,000 kg CO2e from Scope 2 emissions, related to purchased electricity. The majority of their emissions, about 85,978,000 kg CO2e, fall under Scope 3, which includes indirect emissions from the value chain, particularly from downstream transportation and distribution, accounting for approximately 10,556,000 kg CO2e. Over the years, ATB Financial has shown a trend of reducing its total emissions from a peak of approximately 133,915,000 kg CO2e in 2019 to the current figure. This represents a significant reduction of about 32,347,000 kg CO2e over the four-year period. However, the organisation has not publicly committed to specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or climate pledges. Overall, ATB Financial's emissions data reflects a commitment to monitoring and potentially reducing their carbon footprint, although further details on specific strategies or targets are not available.
Access structured emissions data, company-specific emission factors, and source documents
Get Started2019 | 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.