TIAA Limited, a prominent player in the financial services sector, is headquartered in Great Britain and operates extensively across the UK and Europe. Founded in 1998, the company has established itself as a leader in providing innovative investment solutions and asset management services tailored to meet the diverse needs of its clients. Specialising in a range of core products, including pension schemes, investment funds, and financial advisory services, TIAA Limited distinguishes itself through its commitment to sustainability and responsible investing. The firm has achieved significant milestones, including recognition for its robust performance and client-centric approach, solidifying its market position as a trusted partner in the financial landscape. With a focus on delivering value and fostering long-term relationships, TIAA Limited continues to shape the future of investment management.
How does TIAA Limited'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 Business 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 Limited's score of 18 is higher than 82% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, TIAA Limited reported total carbon emissions of approximately 13320 kg CO2e for Scope 1, 8490 kg CO2e for Scope 2, and 102260 kg CO2e for Scope 3 emissions. This reflects a comprehensive approach to emissions tracking across all scopes, including significant contributions from purchased goods and services (45000 kg CO2e) and employee commute (21000 kg CO2e). In 2022, the company recorded emissions of 35900 kg CO2e for each of Scope 1, 2, and 3, indicating a notable shift in their emissions profile. The previous year, 2021, did not disclose specific emissions data, while in 2020, TIAA Limited's emissions were 5832 kg CO2e for Scope 1, 21615 kg CO2e for Scope 2, and 125080 kg CO2e for Scope 3. Despite the detailed emissions reporting, TIAA Limited has not set specific reduction targets or climate pledges, which may limit their accountability in addressing climate change. The company continues to monitor its emissions, but further commitments could enhance its sustainability profile in the industry.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2020 | 2022 | 2023 | |
---|---|---|---|
Scope 1 | 5,832 | 00,000 | 00,000 |
Scope 2 | 21,615 | 00,000 | 0,000 |
Scope 3 | 125,080 | 00,000 | 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.
TIAA Limited 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.