Institute for Energy Economics and Financial Analysis (IEEFA) finds TIAA’s $1.4 trillion portfolio is awash in fossil fuel investments

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Executive Summary provided by IEEFA: Over the last decade, a number of institutional investors have set a new standard for leadership on climate change. Universities, pension funds, churches, banks, and entire nations have divested their holdings in fossil fuels, driven by the long-term weak financial performance of coal, oil and gas stocks; the increasing frequency …

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TIAA funds carbon criminal accused of fraud

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By Janet Pelley What kind of teachers would educate their students about the dangers of climate catastrophe while investing their pension savings in one of the biggest carbon polluters in the world? That is the moral dilemma faced by many participants of pension giant TIAA. The university educators pension fund is the world’s second-largest holder of …

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Unanswered Questions: TIAA’s 2023 Climate Report

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In December 2023, TIAA published “Rising to the Challenge,” its latest annual climate report. First, the good news. The company is clearly responding to our pressure to reduce its $78 billion in fossil fuels and its land-grabbing agribusiness. For the first time, TIAA claims that “our focus is squarely on leading our operations and steering our …

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Help with a donation

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TIAA, the retirement fund giant, invests at least $78 billion in fossil fuels and is the 5th biggest coal bond holder in the world.  TIAA’s clients are hundreds of thousands of teachers, professors, health and nonprofit workers, including climate scientists. The money TIAA invests is those workers’ life savings and for many it is their only investment option. Join …

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Your Personal Divestment Guide

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Pressuring TIAA from the inside is OUT! Dumping TIAA is IN! TIAA-Divest! arose from a 2020 community fight to stop a massive TIAA-financed, fracked-gas-burning power plant in a small rural community.  When we formed the campaign we believed that we’d be able to persuade TIAA to divest from fossil fuels and deforestation, due to TIAA’s reputation as …

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TIAA, World’s 5th Largest Holder of Coal Bonds, Evades Climate Accountability After Complaint by 800 Academic Clients

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PRI accountability mechanism fails, enables greenwashing by trillion dollar pension fund  December 12, 2022 New York – The Board of the UN-supported Principles for Responsible Investment (PRI) confirmed its decision to dismiss a complaint filed against the $1.2 trillion pension fund Teachers Insurance & Annuity Association (TIAA) by nearly 800 TIAA clients—faculty from a wide range of …

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Webinar – TIAA’s Climate Report Exposed: How your retirement savings are financing the climate crisis

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Watch our 2024 webinar titled TIAA Climate Report Exposed: How your retirement savings are financing the climate crisis. We talk about how TIAA has funneled our savings into coal, oil and gas and turned vast tracts of forest and savanna into agro-industrial wastelands. You’ll have the opportunity to become better informed about how your money …

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TIAA-Divest In The News: Press Articles 2024 and Older

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July 3, 2024: AAUP approves proposal urging Penn faculty pension provider to divest from fossil fuels May 1, 2024: Teachers Protest Retirement Fund’s Fossil Fuel Investments and it’s Big Ten Basketball Tournament Sponsorships March 2024: Writers call TIAA out for sportswashing as it sponsors Big Ten basketball tournament. Penn State’s Daily Collegian: Big Ten Tournament Sponsor Veils Unethical …

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TIAA-Divest! Press Releases: 2020-Current

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June 17, 2024: THE AMERICAN ASSOCIATION OF UNIVERSITY PROFESSORS VOTES FOR FOSSIL FUEL DIVESTMENT (Washington, DC) Delegates at the June 15 meeting of the influential American Association of University Professors (AAUP) overwhelmingly voted to approve a sweeping proposal demanding that TIAA, Vanguard, Fidelity, and state pension boards divest fossil fuels from their funds.  This vote throws …

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