TIAA Participants Demand:
TIAA must immediately divest all assets that support the extraction, transport, trade or other contribution to the production of coal, oil and gas.
Leading international scientific bodies like the Intergovernmental Panel on Climate Change (IPCC) have made it crystal clear: the overwhelming evidence shows human activity is warming the planet, and drastic, immediate reductions in greenhouse gas emissions are necessary to limit further devastating climate change impacts. TIAA’s $78 billion in oil, gas and coal assets are accelerating the crisis.
TIAA must immediately halt any new investments in companies that extract, transport, trade or otherwise contribute to the production of coal, oil and gas.
TIAA has promised to achieve “Net Zero” emissions by 2050, but the company has failed to disclose a timeline or any other specifics about how they intend to achieve this. TIAA appears to be excluding the most of its investment accounts from this promise.
TIAA must immediately stop investing in industrial agriculture and timberland. TIAA must begin dialogue with Indigenous peoples, Black farmers, and other local communities harmed by land grabs about how to return land to local control and make reparations.
TIAA is not content to passively invest in destructive agribusiness, timber extraction and multinational land trading. They have created their own multi billion subsidiary corporations to carry out this destruction more efficiently. TIAA’s hunger for land investments doesn’t just destroy ecosystems, it destroys communities and cultures.
TIAA must publicly disclose the full extent and details of all their fossil- fuel related assets and commit to full investment transparency.
TIAA has a long history of talking about transparency and engagement, but they are one of the least transparent investment businesses. TIAA does not publish any details that would allow their clients to understand the extent of their fossil holdings. Even financial experts have been unable to fully unravel their accounts.
TIAA-Divest! educates, organizes and acts anywhere TIAA is present. Eighteen institutions have passed resolutions demanding that retirement savings not be used to finance fossil fuels, deforestation and land grabs. Become number 19!
TIAA by the numbers
The Institute for Energy Economics and Financial Analysis (IEEFA) estimates TIAA’s fossil fuel holdings to be at least $78 billion.
TIAA owns approximately 2.2 million acres of industrialized farmland worldwide, with holdings in Brazil, the United States, and Australia, valued at almost $8 billion.
TIAA has committed to reducing its emissions to net zero by 2050, but won’t include the impacts of their investments. Global temperatures exceeded the critical 1.5c in 2024 and are on track to exceed a deadly 2 degrees by 2050.
The S&P 500’s fossil fuel components saw a 5.72% return in 2024, compared to the full index’s 25.02%. The fossil fuel sector has underperformed the S&P 500 in seven of the last 10 years, delivering the lowest performance and highest volatility of any S&P sector.
How TIAA’s Land Speculation Enables the Destruction of the Brazilian Cerrado
As deforestation rates surge in the Brazilian Cerrado, a new webinar explains how US retirement fund manager TIAA and its destructive model of farmland acquisition is contributing to the rapid devastation of fragile ecosystems and local communities, with plans to expand this destruction even further.
TIAA, STOP USING OUR SAVINGS TO FUEL THE CLIMATE CRISIS
Sign the petition demanding that TIAA invest our retirement savings responsibly
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