Nuveen, officially known as Nuveen, LLC, is a prominent investment management firm headquartered in the United States. Founded in 1898, the company has established itself as a leader in the asset management industry, focusing on a diverse range of investment strategies, including fixed income, equity, and alternative investments. With a strong presence in major operational regions across North America and Europe, Nuveen serves a wide array of clients, from individual investors to large institutions. The firm is renowned for its commitment to responsible investing and sustainable practices, offering unique products such as municipal bonds and socially responsible investment options. Nuveen's market position is bolstered by its innovative approach and a robust portfolio, making it a trusted partner in navigating complex financial landscapes. With a rich history and a dedication to client success, Nuveen continues to shape the future of investment management.
How does Nuveen's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Mean score of companies in the Financial Intermediation industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Nuveen's score of 37 is higher than 61% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Nuveen reported total carbon emissions of approximately 73,868,000 kg CO2e, comprising 4,258,000 kg CO2e from Scope 1, 29,373,000 kg CO2e from Scope 2, and 40,237,000 kg CO2e from Scope 3 emissions. This data reflects a comprehensive approach to emissions reporting, with all three scopes disclosed. In 2022, the organisation's global emissions were slightly lower at about 72,353 kg CO2e, with Scope 1 emissions at 3,639,000 kg CO2e, Scope 2 at 28,791,000 kg CO2e, and Scope 3 at 39,232,000 kg CO2e. Notably, in the UK for the same year, Nuveen's emissions were reported at 1,664,000 kg CO2e, with Scope 1 at 18,000 kg CO2e and Scope 2 at 62,000 kg CO2e. Nuveen has not set specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or commitments to the Science Based Targets initiative (SBTi). The organisation's emissions data is cascaded from its parent company, Nuveen Investments, Inc., and is further influenced by the Teachers Insurance and Annuity Association of America, which provides additional context for their emissions performance. Overall, while Nuveen has made strides in emissions reporting, the lack of defined reduction targets suggests an opportunity for further commitment to climate action.
Access structured emissions data, company-specific emission factors, and source documents
2021 | 2022 | 2023 | |
---|---|---|---|
Scope 1 | 501,000 | 0,000,000 | 0,000,000 |
Scope 2 | - | 00,000,000 | 00,000,000 |
Scope 3 | - | 00,000,000 | 00,000,000 |
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Nuveen is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.