Corporate social responsibility
Corporate social responsibility at TIAA is built on five core pillars that demonstrate the power of our actions to improve the lives of our stakeholders. More details can be found in the Corporate Social Responsibility Report .
The power of our philanthropic engagement and community-facing activities to make a difference in people’s lives.
Through TIAA Serves, our employees give back, working to improve education, eliminate hunger and protect the environment.
55% of students report having 0% exposure to financial education
TIAA joined forces with the Council of Graduate Schools and leading universities to help change this statistic by researching students’ financial challenges and creating programs to address them.
TIAA Serves helps fight food insecurity by providing support to school feeding programs, local food banks, hunger advocacy initiatives and international hunger relief programs.
TIAA Serves engages employees to raise environmental awareness, participate in green initiatives and lead our industry in modeling sustainable behavior.
Diversity & inclusion
The power of our diverse team of professionals to meet the needs of a wide range of people
Diversity and inclusion are integral to who we are as a company. For us, it’s not just a nice to have. It’s a must.
A diverse workforce helps us better understand and address the needs of our customers.
By building a diverse culture, we’re able to provide our clients with distinct perspectives to help them achieve their goals.
We work with more than 100 diverse suppliers, and 14% of our spend is with diverse companies.
The power of our efforts to positively impact our environment.
As a leader in sustainability practices, we believe that incorporating environmentally conscious strategies supports TIAA’s mission and protects the health and well-being of our global community.
Farmland & Timber
As long-term investors, we want to be good stewards of the land we own. We work with our asset managers, tenants and operators to promote sound agricultural practices, and seek to meet or exceed environmental standards and labor regulations.
In 2007, TIAA established the Global Real Estate Sustainability Initiative (GRESI) platform, which integrates sustainability criteria into the investment decision-making process and ongoing management of our $37 billion real estate portfolio.
33 TIAA Investments hold the U.S. Green Building Council’s LEED Certification (5 of which are Platinum certified).
13 TIAA real estate investments have achieved the BOMA 360 designation for industry-leading performance
Partner of the year
In 2015, TIAA received its 8th consecutive U.S. Environmental Protection Agency’s Energy Star Partner of the Year award
The power of seeking competitive returns while making a positive impact
TIAA takes a multi-faceted approach to responsible investment led by a dedicated team that provides strategic leadership and implementation guidance in a variety of ways.
Establish and manage our ESG strategy for our Social Choice investment products.
Make investments in projects, companies and funds that seek financial returns and measurable social impact for underserved populations.
Development and execution of ESG frameworks, policies and processes across all asset classes.
The power of stewardship to enhance and protect value
We believe that good governance and effective management of environmental and social risks, not only add value for our participants’ investments, but also help the broader market over the long-term. We hold our portfolio companies accountable for ESG risk management policies and practices in three ways:
We speak directly with company directors and executives about ESG risk management policies and best practices, influencing hundreds of companies each year.
At companies where our participants have the most value at risk, we use careful case-by-case analysis and engagement insights to inform our shareholder voting decisions.
We advance the market-wide discussion of corporate governance through company engagement, public appearances and commentary.
Making an impact
For nearly a century, TIAA has been making a difference and we continue to keep that legacy alive today in everything we do. We demonstrate that we are created to serve and built to perform through our products and services and also in how we contribute to our communities and the world. From volunteer efforts in local schools to responsible investing around the globe, TIAA makes an impact every day in countless ways. At TIAA, Corporate Social Responsibility (CSR) is about doing what’s right for our colleagues, our clients and our communities.