Atom Bank has become the latest member of banking alliance, Bankers for Net Zero.
Bankers for Net Zero is the UK chapter of the UN’s Net Zero Banking Alliance (NZBA).
By joining, Atom aimed to demonstrate its leadership on climate change and communicate this commitment to stakeholders.
Atom pledged to become a carbon positive bank by 2035.
Heather Buchanan, chief executive of bankers for Net Zero, said: “We’re thrilled to have Atom on board and prepared to make such radical steps to transform the UK Financial Sector to reach net zero.
“We look forward to working with Atom to support SMEs in the race to net zero and to amplify the wider financial sectors impact in the journey to a low carbon economy.”
Edward Twiddy, director of ESG at Atom Bank, added: “Atom’s commitment to changing banking for good, for the better, for everyone extends to its commitments and actions on environmental sustainability, community and the impact that the Bank can have as a responsible lender.
“Banks have a crucial role to play in solving the climate challenge.
“Being a member of Bankers for Net Zero means we are able to engage across the sector on how we can come together to tackle the biggest threat we face.
“We have pledged to eventually become a carbon positive bank, because we don’t believe that zero is sufficient. We look forward to working with the industry and encouraging other banks to share this mindset.”
