Atom Bank
Atom Bank, officially known as Atom Bank plc, is a pioneering digital bank headquartered in the United Kingdom. Founded in 2014, it has rapidly established itself in the fintech industry, focusing on providing innovative banking solutions primarily in savings and mortgages. With a commitment to leveraging technology, Atom Bank offers unique products such as fixed-rate savings accounts and competitive mortgage options, all managed through a user-friendly mobile app. As a leader in the digital banking space, Atom Bank has achieved significant milestones, including being the first bank in the UK to operate solely through a mobile platform. Its emphasis on transparency and customer-centric services has positioned it as a notable player in the market, attracting a growing customer base seeking efficient and straightforward banking experiences.
DitchCarbon Score
How does Atom Bank'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 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
Atom Bank's score of 46 is higher than 92% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Atom Bank's reported carbon emissions
In 2023, Atom Bank reported total carbon emissions of approximately 272,000 tonnes CO2e. This figure includes 15 tonnes from Scope 1 emissions, which primarily arise from direct operations, and 0 tonnes from Scope 2 emissions, indicating no emissions from purchased electricity. The majority of their emissions, about 673,000 tonnes CO2e, fall under Scope 3, which includes indirect emissions from employee commuting and purchased goods and services. In 2022, Atom Bank's total emissions were significantly higher at around 259,000 tonnes CO2e, with Scope 2 emissions accounting for approximately 219,000 tonnes CO2e and Scope 3 emissions at about 40,000 tonnes CO2e. This shows a notable reduction in total emissions from 2022 to 2023. Despite these figures, Atom Bank has not publicly committed to specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or climate pledges. The bank's emissions data reflects its ongoing efforts to monitor and manage its carbon footprint, but further commitments to reduction strategies would enhance its climate responsibility.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
Add to project| 2022 | 2023 | 2024 | |
|---|---|---|---|
| Scope 1 | - | 00,000 | 00,000 |
| Scope 2 | 218,651,000 | - | - |
| Scope 3 | 40,004,000 | 000,000 | 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.
Atom Bank 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.
