TIAA-Divest! is committed to stopping retirement giant TIAA (Teacher Insurance Annuity Association) from financing climate destruction.
TIAA manages $1.3 trillion in assets and is one of the largest owners of farmland and timberland on the planet. Its clients are mostly universities and non-profits, and it brands itself as a socially responsible company. But TIAA is in fact investing billions of dollars in oil, coal and fracked gas. It also manages substantial investments in large-scale, high-emission agriculture and timber plantations, which have been especially damaging to Black farmers, communities of color and Indigenous Peoples.
113 Groups Push TIAA to Divest from Fossil Fuels & Stop Land Grabs, Calling TIAA’s Net Zero by 2050 Plan “Wildly Inadequate” for the Climate Crisis
Sept. 28th 2021 – 113 climate justice, farm and food justice, human rights and environmental organizations joined TIAA-Divest! and the Stop Land Grabs Coalition to reject false climate solutions from TIAA, the $1.3T financial giant which manages retirement accounts for about 5 million clients and pension funds around the world. In a letter laying out 6 clear demands, the groups reject TIAA’s promise to achieve net zero carbon emissions by 2050 as “greenwashing” and push TIAA to fully divest from fossil fuels by 2025 and to immediately stop its acquisitions of farmland.
TELL TIAA THAT YOU REJECT FALSE SOLUTIONS SIGN OUR PETITION!
We Demand TIAA stop investing in activities that cause climate destruction!
TIAA (Teachers Insurance and Annuity Association) offers educators, arts workers, scholars and others financial security at retirement. But they do it through investing in companies fueling environmental destruction.
In a time where fossil fuel investments are rapidly becoming stranded assets, and renewable energy solutions are recognized as our energy future, this is unacceptable. It’s up to you to demand that TIAA divest from fossil fuels and implement a no deforestation investment policy.
Campus Resolutions Calling On TIAA to Divest from Climate Destruction
TIAA-Divest works to empower educators, staff and students to organize and demand that TIAA stop financing fossil fuel extraction and infrastructure, deforestation and land grabs.
The following institutions have passed resolutions demanding that retirement savings not be used to finance these unethical and irresponsible activities:
TIAA-financed fracked gas power plant opens in New York
TIAA’s devastating impact on climate
Resolutions Demanding TIAA Divestment To Date:
Take Action
- Sign our Divest petition to TIAA’s CEO
- If you’d like to work with us on our campaign to stop TIAA’s climate destruction, Sign up!
- Amplify our message! Link to this page and let the social media world know about TIAA’s deceptive practices.
Special Section for Educators, Researchers and Staff.
If you have questions, or would like to join our effort, get in touch