CASE STUDY

Atom bank

Making climate positivity a reality

94%

Matched properties with a UPRN

11%

Missing EPCs predicted by Kamma’s model

3.02

Market-leading PCAF score

testimonial video

why kamma

Delivering on lender climate requirements

“Working with Kamma has enabled us to move from abstract principles and ideas to quantities and comparisons.

The quality of insights has made it much easier to demonstrate what transition risk actually means for us and to open productive conversations with key stakeholders in our net zero planning, such as our Chief Risk Officer.”

Edward Twiddy, Environment, Society and Government Director

“It was clear from the start that Kamma’s team spoke our language and understood the specific challenges facing banks and lenders, giving us the confidence that we could access the right data, analysis, and guidance to meet our needs.”

Cam Fyfe, ESG Analyst

the story

A robust assessment of climate risk

the challenge

Reduce financed emissions to meet ambitious decarbonisation targets

Atom bank aims to be climate positive by 2035 – one of the boldest targets in UK banking.

While progress on Scope 1 and 2 is strong, tackling financed emissions is more difficult, yet critical.

To do so, Atom needed help measuring mortgage emissions and defining a viable decarbonisation pathway.

the solution

Partnering with Kamma for a full view on financed emissions

Atom bank explored several providers before choosing Kamma, recommended by another lender.

The partnership gave Atom clear insight into the climate impact of its mortgage book and the most effective decarbonisation routes – while also helping embed a more proactive approach to climate risk across the business.

The impact

Accurate transition risk and flood risk back book reporting

Emissions baseline – Best-in-class financed emissions calculations to support reduction plans and disclosure.

Benchmarking – Comparison against key competitors and the national lender market.

Climate risk insight – Physical and transition risk analysis, including stress and materiality testing, to inform mitigation strategies.

Decarbonisation modelling – Forecasting the emissions reduction rate needed to hit 2035 climate targets.

Opportunity mapping – Identifying EPC upgrade potential via campaigns or retrofit financing.

Scenario analysis – Assessing how policy or grid decarbonisation could accelerate emissions reductions.

“Understanding how policy changes would impact our climate targets and emissions reductions plans is particularly important for us as a high-growth, fast moving, challenger bank – we need to balance business growth goals with decarbonisation goals so having the full picture of potential outcomes is hugely valuable.”

Edward Twiddy, ESG Director

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