Public Profile

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 through its mobile app. Atom Bank operates across Great Britain, offering a range of core products including savings accounts, fixed-term loans, and mortgages. What sets Atom Bank apart is its commitment to leveraging technology to enhance customer experience, offering competitive interest rates and a user-friendly interface. As a leader in the digital banking sector, Atom Bank has achieved significant milestones, including being the first bank in the UK to receive a banking licence from the Prudential Regulation Authority. With a strong market position, Atom Bank continues to redefine traditional banking practices, making financial services more accessible and efficient for its customers.

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.

36

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.

27

Industry Benchmark

Atom Bank's score of 36 is higher than 86% of the industry. This can give you a sense of how well the company is doing compared to its peers.

86%

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Atom Bank's reported carbon emissions

In 2024, Atom Bank reported total carbon emissions of approximately 666,000 kg CO2e, comprising 18,000 kg CO2e from Scope 1 and 648,000 kg CO2e from Scope 3 emissions. Notably, within Scope 3, emissions from purchased goods and services accounted for about 264,000 kg CO2e. In 2023, the bank's emissions were slightly higher, with a total of approximately 688,000 kg CO2e, including 15,000 kg CO2e from Scope 1 and 673,000 kg CO2e from Scope 3, where purchased goods and services contributed about 344,000 kg CO2e. Atom Bank has not disclosed specific reduction targets or initiatives as part of its climate commitments. The absence of Scope 2 emissions indicates a potential focus on direct and upstream emissions. The bank's reported carbon emissions per full-time equivalent (FTE) were approximately 1,310 kg CO2e in 2024 and 1,490 kg CO2e in 2023 for Scope 1, reflecting its operational impact. Overall, while Atom Bank has made strides in tracking its carbon footprint, further transparency regarding reduction strategies and commitments would enhance its climate action profile.

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20232024
Scope 1
15,000
00,000
Scope 2
-
-
Scope 3
673,000
000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Atom Bank's primary industry is Financial intermediation services, except insurance and pension funding services (65), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Atom Bank is in GB, which has a low grid carbon intensity relative to other regions.

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 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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Where does DitchCarbon data come from?

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