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 33 is higher than 89% 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 significant carbon emissions, totalling approximately 732,775,000 kg CO2e from Scope 2 and about 722,531,000 kg CO2e from Scope 3 emissions. Notably, there were no emissions recorded for Scope 1 in that year. Over the previous years, TIAA's emissions have fluctuated. In 2022, the organisation emitted around 72,353,000 kg CO2e (Scope 1), 3,639,000 kg CO2e (Scope 2), and 28,791,000 kg CO2e (Scope 3). The year 2021 saw emissions of approximately 73,868,000 kg CO2e (Scope 1), 4,258,000 kg CO2e (Scope 2), and 29,373,000 kg CO2e (Scope 3). In 2020, emissions were about 28,137,000 kg CO2e (Scope 1), 5,646,000 kg CO2e (Scope 2), and 12,122,000 kg CO2e (Scope 3). The earliest data from 2019 indicated emissions of approximately 101,449,000 kg CO2e (Scope 1), 56,366,000 kg CO2e (Scope 2), and 40,251,000 kg CO2e (Scope 3). Despite these figures, TIAA has not publicly committed to specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or climate pledges. The organisation's emissions data reflects a complex landscape of carbon output, with a notable reliance on Scope 2 and Scope 3 emissions, which are often more challenging to manage and reduce.
Access structured emissions data, company-specific emission factors, and source documents
Get Started2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Scope 1 | 101,449,000 | 00,000,000 | 00,000,000 | 00,000,000 | - |
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 |
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 committed to any 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.