If you’ve ever looked at your TIAA account statement and felt like you needed a finance degree to make sense of it, you’re not alone — and you’re not wrong. These documents are genuinely complex. But here’s the good news: understanding what’s in your retirement account, and taking steps to align it with your values, …
WASHINGTON — International speculation in farmland is contributing to a land grabbing crisis in Brazil’s Cerrado savannah, fueling record deforestation and displacing indigenous and traditional agrarian communities, according to a new report released November 19 as COP30, the United Nations Convention on Climate Change draws to a close in the Brazilian city of Belem. The …
Read more “Financial Speculation Drives Massive Land Grabbing, Deforestation in Brazil’s Cerrado”
Recent years have seen strong growth in an industry known as “private equity.” TIAA manages approximately $43 billion in private equity assets. Since you (understandably!) may be too busy with work and life to be following the ins and outs of financial instruments, we’re going to do our best here to explain how private equity works …
Read more “TIAA is a Private Equity Investor: what’s the big deal?”
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 …
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 …
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 …
Read more “Unanswered Questions: TIAA’s 2023 Climate Report”
In late December of 2022, TIAA released the second of their annual reports on plans to address risks due to climate change. The first report, issued on December 24th 2021, was timed for maximum invisibility and was widely panned by educators, financial analysts, TIAA clients, think tanks and climate researchers for their lack of specifics and focus on very limited portions …
Read more “TIAA-Divest’s analysis of TIAA’s 2022 climate report “Ensuring our future””
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 …