TIAA-CREF

Institutional investors’ scramble for farmland

Financial investors own tracts that grow maize and soya beans in Illinois and Uruguay, almonds and cattle in Australia, and sugar beets and wheat in Poland. Some are venturing into countries with potentially volatile politics, such as Ethiopia and Ukraine.

TIAA has not answered our report’s allegations

While we welcome the Financial Times' mention of our report on TIAA’s investments in Brazil, we are disappointed that the article quotes from an email by TIAA dismissing the allegations in our report as “inaccurate and without merit” without providing grounds for such claims.

Brasil: Gigante dos investimentos é acusada de grilagem de terras

Em um esforço gigantesco, o grupo financeiro americano e seus parceiros acumularam vastas áreas agrícolas, apesar de uma tentativa do governo brasileiro em 2010 para proibir que tais negócios se efetivassem em grande escala por parte de exploradores estrangeiros.