TIAA-CREF Asset Management LLC Sustainability Profile
TIAA-CREF Asset Management LLC, commonly referred to as TIAA, is a leading financial services organisation headquartered in the United States. Founded in 1918, TIAA has established itself as a prominent player in the asset management industry, primarily serving the needs of the academic, research, and non-profit sectors. With a strong presence across major operational regions in the US and internationally, TIAA offers a diverse range of investment solutions, including retirement plans, mutual funds, and institutional investment services. What sets TIAA apart is its commitment to responsible investing and its focus on long-term financial security for its clients. Recognised for its innovative approach and robust performance, TIAA has achieved significant milestones, including being one of the largest providers of retirement services in the US. Its dedication to client-centric solutions continues to solidify its market position as a trusted partner in asset management.
DitchCarbon Score
How does TIAA-CREF Asset Management LLC'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 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.
Industry Benchmark
TIAA-CREF Asset Management LLC's score of 49 is higher than 69% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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TIAA-CREF Asset Management LLC, headquartered in the US, currently does not report any specific carbon emissions data, as indicated by the absence of emissions figures. The organisation is a current subsidiary of Teachers Insurance and Annuity Association of America, which may influence its climate commitments and reporting practices. While TIAA-CREF Asset Management LLC has not established its own reduction targets or climate pledges, it is important to note that it inherits relevant climate initiatives and performance data from its parent company. Specifically, emissions data and performance metrics are cascaded from Teachers Insurance and Annuity Association of America, which operates at a cascade level of 2. This relationship may provide a framework for TIAA-CREF's future climate strategies. In the context of the broader industry, TIAA-CREF Asset Management LLC is positioned to align with emerging climate standards and initiatives, potentially adopting best practices from its parent organisation. However, without specific emissions data or reduction targets, the company's current climate commitments remain unclear.
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| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 4,832,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 40,251,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 56,366,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
How Carbon Intensive is TIAA-CREF Asset Management LLC's Industry?
How Carbon Intensive is TIAA-CREF Asset Management LLC's Location?
TIAA-CREF Asset Management LLC's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
TIAA-CREF Asset Management LLC has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
