The Chain: Cerrado fires show TIAA and Harvard’s Endowment face mounting deforestation risks
- CRR
- 07 November 2019
With fires on their Cerrado properties, Harvard’s and TIAA’s deforestation exposure appears to be growing.
With fires on their Cerrado properties, Harvard’s and TIAA’s deforestation exposure appears to be growing.
Altamiran Ribeiro, a Brazilian land rights activist, told an audience at John Hopkins University about the land takeovers on behalf of corporations in Brazil and the long-term consequences on local communities and the environment.
Tenemos pruebas de que los incendios del Cerrado también están vinculados a otros intereses financieros con sede en Estados Unidos: el Fondo de Dotación de la Universidad de Harvard y el TIAA, el fondo de pensiones privado que invierte en nombre de millones de profesores, académicos, enfermeras y trabajadores del gobierno en todo el país.
The student group Divest Harvard hosted a day of events calling attention to Harvard’s ownership of Brazilian land and reigniting its calls for the school to sell those holdings in the name of environmentalism.
Satellite maps show the connection between Harvard and TIAA's farmland acquisitions in Brazil's Cerrado and the massive number of fires that have been burning in the region since July of this year.
O medo de Harvard se manifesta em 2.000 páginas de registros judiciais brasileiros, incluindo a transcrição da teleconferência
Auditors wrote down the value of Harvard's Brazil farm project by about $200 million after the endowment decided to exit the development in 2017, according to documents filed in a lawsuit.
As the Amazon rainforest continues to burn, members of Divest Harvard — a student group demanding the University divest from fossil fuels — are renewing their calls on Harvard to withdraw its holdings in farmland across the globe, including in Brazil.
Fires in the Amazon are the direct result of human activity. Harvard’s stake in agribusiness contributes to this crisis, says students of Divest Harvard
LGIAsuper will diversify its investment strategy and invest in the agriculture and timber funds of Folium Capital, run by former managers of Harvard's endowment funds.
Harvard University has listed its large scale cropping aggregation at Hillston, New South Wales, Australia for sale
Harvard University has been grabbing lands from indigenous communities, cutting down forests, and depriving rural people of access to water around the world for years.
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