TIAA is unusual among financial firms for its aggressive pursuit of farmland, paving the way for financial wealth controlled by companies and individuals to takeover and dispossess rural communities of their farmland.
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.
Communities living within the concessions claimed by PHC have long sought to regain control over their lands and have called for negotiations to determine the conditions under which the company may be allowed to continue to operate.
The defenders believe that the charges brought against them are linked to their human rights work of mobilizing and empowering communities in Kiryandongo to resist violent evictions by foreign agribusiness companies.
European MPs issue an interparliamentary statement on the “Finance in common summit”, calling on public development banks to stop "harmful investments", such as those in the oil palm plantation company Feronia in the DR Congo.