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.
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 36 is higher than 87% 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 688,000 kg CO2e, comprising 15,000 kg CO2e from Scope 1 and 673,000 kg CO2e from Scope 3 emissions. The Scope 3 emissions included about 344,000 kg CO2e attributed to purchased goods and services. In 2024, the bank's emissions slightly decreased, with total emissions of around 666,000 kg CO2e, consisting of 18,000 kg CO2e from Scope 1 and 648,000 kg CO2e from Scope 3, with 264,000 kg CO2e from purchased goods and services. Atom Bank has not disclosed specific reduction targets or initiatives as part of its climate commitments. However, the bank continues to monitor and report its emissions, indicating a commitment to transparency in its environmental impact. The reported emissions per full-time equivalent (FTE) for 2023 were approximately 1,490 kg CO2e, while in 2024, this figure improved to about 1,310 kg CO2e. Overall, Atom Bank's emissions data reflects its ongoing efforts to understand and manage its carbon footprint, although specific reduction strategies have not been outlined.
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| 2023 | 2024 | |
|---|---|---|
| Scope 1 | 15,000 | 00,000 |
| Scope 2 | - | - |
| Scope 3 | 673,000 | 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.
