TIAA (formerly TIAA-CREF), one of the largest investment firms in the U.S., has over several hundred million dollars invested in land grabbing and deforestation that has resulted in human rights violations around the world. TIAA manages retirement funds for many academic and cultural institutions including universities, museums, nonprofits, unions, health services and National Public Radio.
TIAA has a particular interest in hearing from clients and also cares about protecting their image in the public. Ask them to stop profiting from industries that are causing land grabbing, deforestation and climate change, killing endangered species and violating human rights.
Here’s a summary of what our letter is asking TIAA to do:
• Disclose information about all farmland and palm oil investments
• Commit to a Deforestation and Land Grab-Free investment policy that includes adhering to four pillars of responsible investment and excludes investments in companies that don’t meet this policy