Kroo Bank
Kroo does not lend to factory farming, however it's partners may
Kroo Bank does not have a formal policy on factory farming, but its retail-only model rules out direct lending to the sector. However Kroo's partnership with Flagstone, which uses banks including HSBC and Barclays to hold funds, means that some customer deposits are placed with factory farm financiers. This exposure is likely small, however whilst it continues this relationship, there remains a risk that your deposit could finance the sector.
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1. Engage with your bank
Contacting your bank is a powerful way to drive change. Banks use customer deposits to make their loans and investments, so if you tell them that you don’t want your money to finance factory farming, they recognise the risk of losing customers. Together, our engagement has the potential to shift vast sums away from this industry.
2. Check your bank, and switch if you can
If you don’t want to risk your money financing this industry, switching banks is a strong statement - but they need to be told why you’re leaving to make a difference.
3. Let us know below!
Understanding the actions you have taken is crucial for us to measure our impact and strengthen our efforts to push banks away from financing factory farming and other nature- destroying industries.
4. Share
By sharing our tool with friends, you can instantly increase your impact even further! If one person switches or engages using our tool, your impact is instantly doubled. If two do, then it’s tripled. If four do, then, well you get the point...
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