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.
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.
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.
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.
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, the Scope 3 emissions included about 264,000 kg CO2e attributed to purchased goods and services. In 2023, the bank's emissions were slightly higher, with total emissions of about 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 accounted for approximately 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 operational efficiency and a commitment to reducing its carbon footprint primarily through managing Scope 1 and Scope 3 emissions. The bank's emissions per full-time equivalent (FTE) were reported at about 1,310 kg CO2e in 2024 and 1,490 kg CO2e in 2023, reflecting a need for ongoing efforts to enhance sustainability practices.
Access structured emissions data, company-specific emission factors, and source documents
2023 | 2024 | |
---|---|---|
Scope 1 | 15,000 | 00,000 |
Scope 2 | - | - |
Scope 3 | 673,000 | 000,000 |
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.