TIAA-CREF Life Insurance Company, commonly referred to as TIAA, is a prominent financial services organisation headquartered in the United States. Founded in 1918, TIAA has established itself as a leader in the insurance and investment sectors, primarily serving the academic, research, and healthcare communities. With a strong focus on life insurance and retirement solutions, TIAA offers a range of products designed to meet the unique needs of its clients. Its commitment to social responsibility and financial security sets it apart in a competitive market. Over the years, TIAA has achieved significant milestones, including a robust market position as one of the largest providers of retirement services in the US, reflecting its dedication to helping individuals secure their financial futures.
How does TIAA-CREF Life Insurance Company'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.
TIAA-CREF Life Insurance Company's score of 49 is higher than 67% of the industry. This can give you a sense of how well the company is doing compared to its peers.
TIAA-CREF Life Insurance Company, headquartered in the US, currently does not report specific carbon emissions data, as indicated by the absence of emissions figures. The company is a current subsidiary of the Teachers Insurance and Annuity Association of America, which may influence its climate-related initiatives and commitments. While TIAA-CREF Life Insurance Company has not set specific reduction targets or made notable climate pledges, it is important to note that emissions data and climate performance may be inherited from its parent organisation. The Teachers Insurance and Annuity Association of America, at a cascade level of 1, provides insights into broader corporate sustainability efforts, including participation in initiatives such as the Carbon Disclosure Project (CDP) and the Race to Zero campaign. As of now, TIAA-CREF Life Insurance Company has not disclosed any specific climate commitments or reduction initiatives, reflecting a broader context within the insurance industry where many firms are still developing comprehensive climate strategies.
Access structured emissions data, company-specific emission factors, and source documents
| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 4,832,000 | 0,000,000 | 0,000,000 | 00,000,000 | 00,000,000 |
| 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 |
TIAA-CREF Life Insurance Company's Scope 3 emissions, which decreased by 11% last year and decreased by approximately 78% since 2019, demonstrating supply chain emissions tracking. Their carbon footprint includes suppliers and value chain emissions, with Scope 3 emissions accounting for 17% of total emissions under the GHG Protocol, with "Investments" representing nearly all of their reported Scope 3 footprint.
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 Life Insurance Company 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.