Tyro
Your bank has room for improvement on climate responsibility.
Tyro Bank offers everyday banking services and small business loans.
It has not disclosed its exposure to the fossil fuel industry, although on the basis that it only lends to small businesses, we consider the risk to be low.
We would like to see the bank put in place an explicit policy that, as the range of its services expands, it will never lend to the fossil fuel sector.
We would also like to see it tighten up its targets, by:
a) including emissions enabled by its lending within the boundary, and
b) investing in real decarbonization efforts instead of purchasing carbon credits
Last reviewed:
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