ATB Financial
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 41 is higher than 67% 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, 8,807,000 kg CO2e from Scope 2 emissions, and a significant 61,558,000 kg CO2e from Scope 3 emissions, which encompasses downstream transportation and distribution of about 10,556,000 kg CO2e. Comparatively, in 2022, the total emissions were approximately 75,660,000 kg CO2e, with Scope 1 at 6,186,000 kg CO2e, Scope 2 at 13,080,000 kg CO2e, and Scope 3 at 60,643,000 kg CO2e. This indicates a slight reduction in total emissions year-on-year. ATB Financial has set ambitious reduction targets, aiming for a 43% reduction in Scope 1 and 2 emissions from a 2019 baseline by 2024. This commitment reflects their proactive approach to addressing climate change and reducing their carbon footprint. The company continues to disclose emissions data across all relevant scopes, demonstrating transparency and accountability in their sustainability efforts.
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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 | 00,000,000 | 0,000,000 |
| Scope 3 | 108,177,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
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 participating in any of the initiatives that 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.
