TIAA-CREF

University of Iowa faculty members write that major collegiate employee retirement savings manager must divest from socially irresponsible farming pension fund investments and be transparent in doing so.

American pension fund giant TIAA sold its Southern Riverina farming aggregation between Wagga Wagga and Albury in southern NSW to local Australian farmers after more than a decade of ownership.

The Matopiba region is home to the majority of the Cerrado’s remaining vegetation, and, conversely, among the highest deforestation and fire rates in Brazil.

Agricultural investors say the COVID-19 crisis has had little impact on their business and investment intentions, with Australian agricultural land, water and business assets as appealing as ever to investors.

The Covid-19 pandemic and a general trend towards ESG investing are pushing more institutional investors, particularly pension funds, to look more closely at farmland investments.

TIAA is set to confirm a $21 million compensation package for its CEO and a Board of Trustees that has been unresponsive regarding the use of retirement money to grab farmland, destroy forests and violate human rights.

You’d be surprised to learn that the billion dollar barons of Australian farmland are a Canadian government worker super fund, a New York teacher insurance fund and an Australian pastoral giant backed by a Dutch pension fund

Fossil Fuel Divest Harvard joins international civil society groups to shed light on HMC’s morally repugnant land investments

In the next decade, 400 million acres of U.S. farmland will change hands. A land justice advocate sees a timely opportunity to counteract entrenched income inequality and systemic racism.

CRR’s sustainability analysis shows that deforestation and fires have taken place on TIAA’s farmland portfolio in Brazil, enabling negative social impacts on local communities.

The acquisition of the Turnbull properties takes spending by TIAA's Nuveen subsidiary on Australia's northern NSW cropping country to almost $50 million in the last 12 months.

With fires on their Cerrado properties, Harvard’s and TIAA’s deforestation exposure appears to be growing.