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.

19

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 19 is lower than 93% of the industry. This can give you a sense of how well the company is doing compared to its peers.

7%

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Atom Bank's reported carbon emissions

In 2024, Atom Bank reported carbon emissions of approximately 1,310 kg CO2e per full-time equivalent (FTE) under Scope 1. This marks a reduction from 2023, where emissions were about 1,490 kg CO2e per FTE. In 2022, the emissions remained consistent at around 1,490 kg CO2e per FTE. The bank's total emissions for 2021 were recorded at 463,000 kg CO2e, indicating a significant focus on reducing their carbon footprint in recent years. Despite these reductions, Atom Bank has not disclosed specific reduction targets or initiatives, nor have they committed to any industry-standard climate pledges such as those from the Science Based Targets initiative (SBTi). The absence of detailed Scope 2 and Scope 3 emissions data suggests that further transparency and commitment may be needed in their climate strategy. Overall, Atom Bank is making strides in reducing its carbon emissions per employee, reflecting a growing awareness of climate impact within the financial sector in Great Britain.

Industry emissions intensity

Very low
Low
Medium
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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
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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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