TIAA & Nuveen must take responsibility for the impacts of their land speculation in the Brazilian Cerrado

We, the undersigned—academics, environmental advocates, TIAA-clients, and concerned citizens—are alarmed by TIAA’s role in the Brazilian farmland market, especially in the Cerrado, a vital biome for biodiversity, peasant farmers and Indigenous communities. Within the Cerrado region, Nuveen’s data indicates a significant role in rural land markets, with over 1 million acres in Brazil and 3 million globally. Financial …

Your Personal Divestment Guide

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 …

Our History with TIAA & Our Demands

Our History with TIAA TIAA-Divest! has made good-faith efforts to engage with TIAA. Our initial strategy was to work with TIAA/Nuveen to develop a set of truly responsible investment practices. We were encouraged by TIAA’s initial response, but, as you can see below we have come to realize that direct pressure from TIAA participants is the only …

TIAA-Divest!’s Demand Letter

On May 12th, 2020 TIAA-Divest! delivered our demand letter to TIAA board members and executives. Signed by 75 allied groups, this letter lays out the basis for TIAA-Divest’s activism. Maureen O’Hara, Chair The Corporate Governance and Social Responsibility Committee of the Board of Trustees TIAA 730 Third Avenue New York, NY 10017  May 12, 2020 …