Teachers Insurance and Annuity Association-College Retirement Equities Fund, commonly known as TIAA, is a leading financial services organisation headquartered in the United States. Founded in 1918, TIAA has established itself as a trusted provider of retirement and investment solutions, primarily serving those in the academic, research, medical, and cultural sectors. With a strong focus on retirement plans, annuities, and investment management, TIAA is renowned for its commitment to helping clients achieve financial security. The organisation's unique approach combines a not-for-profit model with a diverse range of products tailored to meet the needs of educators and non-profit employees. TIAA's market position is bolstered by its significant assets under management and a reputation for stability and reliability, making it a preferred choice for individuals seeking long-term financial growth.
How does Teachers Insurance and Annuity Association-College Retirement Equities Fund'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 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.
Teachers Insurance and Annuity Association-College Retirement Equities Fund's score of 30 is higher than 80% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Teachers Insurance and Annuity Association-College Retirement Equities Fund (TIAA) reported total carbon emissions of approximately 73,868,000 kg CO2e. This figure includes 4,258,000 kg CO2e from Scope 1 emissions, 29,373,000 kg CO2e from Scope 2 emissions, and 40,237,000 kg CO2e from Scope 3 emissions. Comparatively, in 2022, TIAA's total emissions were about 72,353,000 kg CO2e, with Scope 1 emissions at 3,639,000 kg CO2e, Scope 2 emissions at 28,791,000 kg CO2e, and Scope 3 emissions at 39,232,000 kg CO2e. This indicates a slight increase in total emissions year-on-year. TIAA has not disclosed specific reduction targets or initiatives aimed at decreasing their carbon footprint. However, they have reported their Weighted Average Carbon Intensity (WACI) for Scope 1 and 2 emissions, which was 0.456 in 2023. Overall, while TIAA has made strides in transparency regarding their emissions, further details on their climate commitments and reduction strategies remain unspecified.
Access structured emissions data, company-specific emission factors, and source documents
2022 | 2023 | |
---|---|---|
Scope 1 | 3,639,000 | 0,000,000 |
Scope 2 | 28,791,000 | 00,000,000 |
Scope 3 | 39,232,000 | 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.
Teachers Insurance and Annuity Association-College Retirement Equities Fund 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.