Teachers Insurance And Annuity Association
Teachers Insurance and Annuity Association (TIAA), headquartered in the United States, is a leading financial services organisation dedicated to serving the educational and non-profit sectors. Founded in 1918, TIAA has established itself as a trusted provider of retirement and investment solutions, focusing on the unique needs of educators and their institutions. With a strong presence across the US, TIAA offers a range of core products, including retirement plans, annuities, and investment management services. What sets TIAA apart is its commitment to delivering secure, long-term financial growth tailored specifically for those in the academic and non-profit fields. Over the years, TIAA has achieved significant milestones, solidifying its market position as a pioneer in socially responsible investing and financial education.
DitchCarbon Score
How does Teachers Insurance And Annuity Association'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.
Industry Average
Mean score of companies in the Insurance Services 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.
Industry Benchmark
Teachers Insurance And Annuity Association's score of 24 is higher than 64% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Teachers Insurance And Annuity Association's reported carbon emissions
In 2023, Teachers Insurance and Annuity Association (TIAA) reported significant carbon emissions, totalling approximately 1,654,835,000 kg CO2e. This figure includes 199,529,000 kg CO2e from Scope 1 emissions, 732,775,000 kg CO2e from Scope 2 emissions, and 722,531,000 kg CO2e from Scope 3 emissions. The previous year, 2022, saw a total of about 738,680,000 kg CO2e, with Scope 1 emissions at 72,353,000 kg CO2e, Scope 2 at 3,639,000 kg CO2e, and Scope 3 at 28,791,000 kg CO2e. This indicates a substantial increase in emissions from 2022 to 2023. TIAA has not disclosed any specific reduction targets or initiatives aimed at decreasing their carbon footprint. The absence of documented reduction strategies suggests a need for enhanced climate commitments within the organisation. As a major player in the financial services sector, TIAA's climate actions are critical in addressing broader industry challenges related to carbon emissions and sustainability.
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Add to project| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 101,449,000 | 00,000,000 | 00,000,000 | 00,000,000 | 000,000,000 |
| Scope 2 | 56,366,000 | 0,000,000 | 0,000,000 | 0,000,000 | 000,000,000 |
| Scope 3 | 40,251,000 | 00,000,000 | 00,000,000 | 00,000,000 | 000,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
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.
Teachers Insurance And Annuity Association is committed to some reduction initiatives 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.
