Atom Bank partners with Kamma to assess climate impact on mortgages


Atom Bank has announced a partnership with Kamma to assess the climate risks of its mortgage book utilising cutting-edge profiling technology.

The bank has shown its commitment towards environmental sustainability by pledging to become a carbon-positive bank by 2035.

The collaboration with Kamma will delve into a deep review of Atom Bank’s mortgage portfolio. This partnership is poised to yield the development of novel propositions and products, all aimed at benchmarking and subsequently reducing emissions.

Kamma is renowned for its innovative product suite, which leverages sophisticated modelling, precise address matching, and robust analytics. These tools provide a comprehensive view on the climate profile of UK properties, granting significant insights into the environmental implications of the real estate market.

Atom bank director of ESG Edward Twiddy said, “Too much lending has been done by banks that has not taken account of the impact we are having on the climate, and it is important that this is changing. As a digital bank, we will use the best technology available to ensure we accurately measure emissions, understand risk and then help our customers to reduce their bills, increase the value of their property and be ready for a zero carbon future.”

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