Download data

Select an assessment year:

  • Overall approach
    0/10
    • Overarching commitment on deforestation
      0/6
    • Deforestation as a business risk
      0/2
      No
      0/2
      "concerns have been raised about whether investment in emerging markets such as Brazil contributes to land conflicts, leads to the displacement of local people, encourages deforestation in the Amazon, or fosters excessive pesticide usage. We understand and appreciate these concerns and have taken several steps in the past year to address them. In 2016, we took the following actions to address the aforementioned stakeholder concerns: (1) increased transparency around our farm locations through updated maps; (2) refreshed our approach to stakeholder engagement by hiring a dedicated person to manage these efforts; and (3) enhanced due diligence processes in Brazil"
    • Target to reduce emissions in scope 1/2
      Yes
      0/0
      What is the target date for the financial institution to achieve their climate target?: 2040

      Type of climate target: Net-zero emissions
      "Last month, Nuveen Real Estate announced  every holding in its $133 billion portfolio would be operationally net zero carbon by 2040, a full 10 years ahead of the target set by the Paris Agreement. TIAA also endorses the Task Force on Climate-Related Financial Disclosure and plans to release a climate report later this year with more detail on how the General Account anticipates achieving net zero carbon."
    • Company must have anti-corruption policy
      0/2
  • Commodity score
    6/90
    • Beef & Leather
      3/90
      • Commitment Strength
        3/31
        • Commodity-specific deforestation financing policy
          0/9.6
          • Commitment details
            No commitment
            0/8
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Companies must be legally operated
          3.1/4.6
          • Commitment details
            Companies own operations - Required
            1.5/3
            Commitment details
            Companies own operations - Required
            1.5/3
            "TIAA-CREF has also developed a detailed set of management policies that specifically identify, assess, mitigate, and monitor the relevant risk factors for farmland investing. Key issues addressed include:..Requirements for tenants and operators to meet or exceed all laws and regulations regarding environmental and labor practices"
          • Policy applies to all operations and financing
            All financing
            0.4/0.4
            Policy applies to all operations and financing
            All financing
            0.4/0.4
            "TIAA-CREF has also developed a detailed set of management policies that specifically identify, assess, mitigate, and monitor the relevant risk factors for farmland investing. Key issues addressed include:..Requirements for tenants and operators to meet or exceed all laws and regulations regarding environmental and labor practices"
          • Policy applies to all deals
            All financing
            0.4/0.4
            Policy applies to all deals
            All financing
            0.4/0.4
            "TIAA-CREF has also developed a detailed set of management policies that specifically identify, assess, mitigate, and monitor the relevant risk factors for farmland investing. Key issues addressed include:..Requirements for tenants and operators to meet or exceed all laws and regulations regarding environmental and labor practices"
          • Policy applies to all companies
            All financing
            0.4/0.4
            Policy applies to all companies
            All financing
            0.4/0.4
            "TIAA-CREF has also developed a detailed set of management policies that specifically identify, assess, mitigate, and monitor the relevant risk factors for farmland investing. Key issues addressed include:..Requirements for tenants and operators to meet or exceed all laws and regulations regarding environmental and labor practices"
          • Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            "TIAA-CREF has also developed a detailed set of management policies that specifically identify, assess, mitigate, and monitor the relevant risk factors for farmland investing. Key issues addressed include:..Requirements for tenants and operators to meet or exceed all laws and regulations regarding environmental and labor practices"
        • Companies must monitor operations
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Companies must conduct risk assessments
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Companies must specify a cut-off date
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
      • Social Considerations
        0/27
        • Company must ensure Free, Prior and Informed Consent
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Companies must have a grievance mechanism
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Company must respect labour rights
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Company must address gender equality issues
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Companies must encourage the inclusion of small-scale farmers
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Companies must resolve land conflicts
          0/1.6
          • Commitment details
            No
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
      • Reporting and Implementation
        0/31
        • Commitments must be timebound
          No
          0/5
        • Companies must disclose subsidiaries in commodity supply chains
          No
          0/4
        • Companies must disclose locations
          No
          0/4
        • Policy is reviewed and updated
          No
          0/2
        • Monitoring and non-compliance process
          No
          0/5
        • Engagement with non-compliant companies
          No
          0/5
        • Reporting on implementation of the policy
          No
          0/6
        • Ethical product in portfolio
          No
    • Palm oil
      3/90
      • Commitment Strength
        3/31
        • Commodity-specific deforestation financing policy
          0/9.6
          • Commitment details
            No commitment
            0/8
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Companies must be legally operated
          3.1/4.6
          • Commitment details
            Companies own operations - Required
            1.5/3
            Commitment details
            Companies own operations - Required
            1.5/3
            "TIAA-CREF has also developed a detailed set of management policies that specifically identify, assess, mitigate, and monitor the relevant risk factors for farmland investing. Key issues addressed include:..Requirements for tenants and operators to meet or exceed all laws and regulations regarding environmental and labor practices"
          • Policy applies to all operations and financing
            All financing
            0.4/0.4
            Policy applies to all operations and financing
            All financing
            0.4/0.4
            "TIAA-CREF has also developed a detailed set of management policies that specifically identify, assess, mitigate, and monitor the relevant risk factors for farmland investing. Key issues addressed include:..Requirements for tenants and operators to meet or exceed all laws and regulations regarding environmental and labor practices"
          • Policy applies to all deals
            All financing
            0.4/0.4
            Policy applies to all deals
            All financing
            0.4/0.4
            "TIAA-CREF has also developed a detailed set of management policies that specifically identify, assess, mitigate, and monitor the relevant risk factors for farmland investing. Key issues addressed include:..Requirements for tenants and operators to meet or exceed all laws and regulations regarding environmental and labor practices"
          • Policy applies to all companies
            All financing
            0.4/0.4
            Policy applies to all companies
            All financing
            0.4/0.4
            "TIAA-CREF has also developed a detailed set of management policies that specifically identify, assess, mitigate, and monitor the relevant risk factors for farmland investing. Key issues addressed include:..Requirements for tenants and operators to meet or exceed all laws and regulations regarding environmental and labor practices"
          • Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            "TIAA-CREF has also developed a detailed set of management policies that specifically identify, assess, mitigate, and monitor the relevant risk factors for farmland investing. Key issues addressed include:..Requirements for tenants and operators to meet or exceed all laws and regulations regarding environmental and labor practices"
        • Companies must monitor operations
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Companies must conduct risk assessments
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Companies must specify a cut-off date
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
      • Social Considerations
        0/27
        • Company must ensure Free, Prior and Informed Consent
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Companies must have a grievance mechanism
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Company must respect labour rights
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Company must address gender equality issues
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Companies must encourage the inclusion of small-scale farmers
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Companies must resolve land conflicts
          0/1.6
          • Commitment details
            No
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
      • Reporting and Implementation
        0/31
        • Commitments must be timebound
          No
          0/5
        • Companies must disclose subsidiaries in commodity supply chains
          No
          0/4
        • Companies must disclose locations
          No
          0/4
        • Policy is reviewed and updated
          No
          0/2
        • Monitoring and non-compliance process
          No
          0/5
        • Engagement with non-compliant companies
          No
          0/5
        • Reporting on implementation of the policy
          No
          0/6
        • Ethical product in portfolio
          No
    • Soy
      3/90
      • Commitment Strength
        3/31
        • Commodity-specific deforestation financing policy
          0/9.6
          • Commitment details
            No commitment
            0/8
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Companies must be legally operated
          3.1/4.6
          • Commitment details
            Companies own operations - Required
            1.5/3
            Commitment details
            Companies own operations - Required
            1.5/3
            "TIAA-CREF has also developed a detailed set of management policies that specifically identify, assess, mitigate, and monitor the relevant risk factors for farmland investing. Key issues addressed include:..Requirements for tenants and operators to meet or exceed all laws and regulations regarding environmental and labor practices"
          • Policy applies to all operations and financing
            All financing
            0.4/0.4
            Policy applies to all operations and financing
            All financing
            0.4/0.4
            "TIAA-CREF has also developed a detailed set of management policies that specifically identify, assess, mitigate, and monitor the relevant risk factors for farmland investing. Key issues addressed include:..Requirements for tenants and operators to meet or exceed all laws and regulations regarding environmental and labor practices"
          • Policy applies to all deals
            All financing
            0.4/0.4
            Policy applies to all deals
            All financing
            0.4/0.4
            "TIAA-CREF has also developed a detailed set of management policies that specifically identify, assess, mitigate, and monitor the relevant risk factors for farmland investing. Key issues addressed include:..Requirements for tenants and operators to meet or exceed all laws and regulations regarding environmental and labor practices"
          • Policy applies to all companies
            All financing
            0.4/0.4
            Policy applies to all companies
            All financing
            0.4/0.4
            "TIAA-CREF has also developed a detailed set of management policies that specifically identify, assess, mitigate, and monitor the relevant risk factors for farmland investing. Key issues addressed include:..Requirements for tenants and operators to meet or exceed all laws and regulations regarding environmental and labor practices"
          • Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            "TIAA-CREF has also developed a detailed set of management policies that specifically identify, assess, mitigate, and monitor the relevant risk factors for farmland investing. Key issues addressed include:..Requirements for tenants and operators to meet or exceed all laws and regulations regarding environmental and labor practices"
        • Companies must monitor operations
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Companies must conduct risk assessments
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Companies must specify a cut-off date
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
      • Social Considerations
        0/27
        • Company must ensure Free, Prior and Informed Consent
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Companies must have a grievance mechanism
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Company must respect labour rights
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Company must address gender equality issues
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Companies must encourage the inclusion of small-scale farmers
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Companies must resolve land conflicts
          0/1.6
          • Commitment details
            No
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
      • Reporting and Implementation
        0/31
        • Commitments must be timebound
          No
          0/5
        • Companies must disclose subsidiaries in commodity supply chains
          No
          0/4
        • Companies must disclose locations
          No
          0/4
        • Policy is reviewed and updated
          No
          0/2
        • Monitoring and non-compliance process
          No
          0/5
        • Engagement with non-compliant companies
          No
          0/5
        • Reporting on implementation of the policy
          No
          0/6
        • Ethical product in portfolio
          No
    • Timber, Pulp & Paper
      17/90
      • Commitment Strength
        12/31
        • Commodity-specific deforestation financing policy
          5.6/9.6
          • Commitment details
            Certification
            4/8
            Commitment details
            Certification
            4/8
            "Along with our investors, we know that profitability and stewardship go hand in hand. Among other things, we manage our timberlands to meet or exceed local environmental laws and regulations and seek certification under globally recognized, third-party timberland management standards, such as the Forest Stewardship Council (FSC®), Programme for the Endorsement of Forest Certification (PEFC®), Sustainable Forestry Initiative® Inc. (SFI), and others."
          • Policy applies to all operations and financing
            All financing
            0.4/0.4
            Policy applies to all operations and financing
            All financing
            0.4/0.4
            "Along with our investors, we know that profitability and stewardship go hand in hand. Among other things, we manage our timberlands to meet or exceed local environmental laws and regulations and seek certification under globally recognized, third-party timberland management standards, such as the Forest Stewardship Council (FSC®), Programme for the Endorsement of Forest Certification (PEFC®), Sustainable Forestry Initiative® Inc. (SFI), and others."
          • Policy applies to all deals
            All financing
            0.4/0.4
            Policy applies to all deals
            All financing
            0.4/0.4
            "Along with our investors, we know that profitability and stewardship go hand in hand. Among other things, we manage our timberlands to meet or exceed local environmental laws and regulations and seek certification under globally recognized, third-party timberland management standards, such as the Forest Stewardship Council (FSC®), Programme for the Endorsement of Forest Certification (PEFC®), Sustainable Forestry Initiative® Inc. (SFI), and others."
          • Policy applies to all companies
            All financing
            0.4/0.4
            Policy applies to all companies
            All financing
            0.4/0.4
            "Along with our investors, we know that profitability and stewardship go hand in hand. Among other things, we manage our timberlands to meet or exceed local environmental laws and regulations and seek certification under globally recognized, third-party timberland management standards, such as the Forest Stewardship Council (FSC®), Programme for the Endorsement of Forest Certification (PEFC®), Sustainable Forestry Initiative® Inc. (SFI), and others."
          • Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            "Along with our investors, we know that profitability and stewardship go hand in hand. Among other things, we manage our timberlands to meet or exceed local environmental laws and regulations and seek certification under globally recognized, third-party timberland management standards, such as the Forest Stewardship Council (FSC®), Programme for the Endorsement of Forest Certification (PEFC®), Sustainable Forestry Initiative® Inc. (SFI), and others."
        • Companies must be legally operated
          3.1/4.6
          • Commitment details
            Companies own operations - Required
            1.5/3
            Commitment details
            Companies own operations - Required
            1.5/3
            "TIAA-CREF has also developed a detailed set of management policies that specifically identify, assess, mitigate, and monitor the relevant risk factors for farmland investing. Key issues addressed include:..Requirements for tenants and operators to meet or exceed all laws and regulations regarding environmental and labor practices"
          • Policy applies to all operations and financing
            All financing
            0.4/0.4
            Policy applies to all operations and financing
            All financing
            0.4/0.4
            "TIAA-CREF has also developed a detailed set of management policies that specifically identify, assess, mitigate, and monitor the relevant risk factors for farmland investing. Key issues addressed include:..Requirements for tenants and operators to meet or exceed all laws and regulations regarding environmental and labor practices"
          • Policy applies to all deals
            All financing
            0.4/0.4
            Policy applies to all deals
            All financing
            0.4/0.4
            "TIAA-CREF has also developed a detailed set of management policies that specifically identify, assess, mitigate, and monitor the relevant risk factors for farmland investing. Key issues addressed include:..Requirements for tenants and operators to meet or exceed all laws and regulations regarding environmental and labor practices"
          • Policy applies to all companies
            All financing
            0.4/0.4
            Policy applies to all companies
            All financing
            0.4/0.4
            "TIAA-CREF has also developed a detailed set of management policies that specifically identify, assess, mitigate, and monitor the relevant risk factors for farmland investing. Key issues addressed include:..Requirements for tenants and operators to meet or exceed all laws and regulations regarding environmental and labor practices"
          • Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            "TIAA-CREF has also developed a detailed set of management policies that specifically identify, assess, mitigate, and monitor the relevant risk factors for farmland investing. Key issues addressed include:..Requirements for tenants and operators to meet or exceed all laws and regulations regarding environmental and labor practices"
        • Companies must monitor operations
          3.6/5.6
          • Commitment details
            Encouraged
            2/4
            Commitment details
            Encouraged
            2/4
            Type of policy: Assurance mechanism

            Certification scheme (if applicable): FSC and PEFC
            "Along with our investors, we know that profitability and stewardship go hand in hand. Among other things, we manage our timberlands to meet or exceed local environmental laws and regulations and seek certification under globally recognized, third-party timberland management standards, such as the Forest Stewardship Council (FSC®), Programme for the Endorsement of Forest Certification (PEFC®), Sustainable Forestry Initiative® Inc. (SFI), and others."
          • Policy applies to all operations and financing
            All financing
            0.4/0.4
            Policy applies to all operations and financing
            All financing
            0.4/0.4
            "Along with our investors, we know that profitability and stewardship go hand in hand. Among other things, we manage our timberlands to meet or exceed local environmental laws and regulations and seek certification under globally recognized, third-party timberland management standards, such as the Forest Stewardship Council (FSC®), Programme for the Endorsement of Forest Certification (PEFC®), Sustainable Forestry Initiative® Inc. (SFI), and others."
          • Policy applies to all deals
            All financing
            0.4/0.4
            Policy applies to all deals
            All financing
            0.4/0.4
            "Along with our investors, we know that profitability and stewardship go hand in hand. Among other things, we manage our timberlands to meet or exceed local environmental laws and regulations and seek certification under globally recognized, third-party timberland management standards, such as the Forest Stewardship Council (FSC®), Programme for the Endorsement of Forest Certification (PEFC®), Sustainable Forestry Initiative® Inc. (SFI), and others."
          • Policy applies to all companies
            All financing
            0.4/0.4
            Policy applies to all companies
            All financing
            0.4/0.4
            "Along with our investors, we know that profitability and stewardship go hand in hand. Among other things, we manage our timberlands to meet or exceed local environmental laws and regulations and seek certification under globally recognized, third-party timberland management standards, such as the Forest Stewardship Council (FSC®), Programme for the Endorsement of Forest Certification (PEFC®), Sustainable Forestry Initiative® Inc. (SFI), and others."
          • Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            "Along with our investors, we know that profitability and stewardship go hand in hand. Among other things, we manage our timberlands to meet or exceed local environmental laws and regulations and seek certification under globally recognized, third-party timberland management standards, such as the Forest Stewardship Council (FSC®), Programme for the Endorsement of Forest Certification (PEFC®), Sustainable Forestry Initiative® Inc. (SFI), and others."
        • Companies must conduct risk assessments
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Companies must specify a cut-off date
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
      • Social Considerations
        0/27
        • Company must ensure Free, Prior and Informed Consent
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Companies must have a grievance mechanism
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Company must respect labour rights
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Company must address gender equality issues
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Companies must encourage the inclusion of small-scale farmers
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Companies must resolve land conflicts
          0/1.6
          • Commitment details
            No
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
      • Reporting and Implementation
        5/31
        • Commitments must be timebound
          No
          0/5
        • Companies must disclose subsidiaries in commodity supply chains
          No
          0/4
        • Companies must disclose locations
          No
          0/4
        • Policy is reviewed and updated
          No
          0/2
        • Monitoring and non-compliance process
          Screening and monitoring process
          5/5
          Monitoring and non-compliance process
          Screening and monitoring process
          5/5
          "Following acquisition, we reassess and monitor asset performance annually using attestation documents and third-party certifications. Ongoing oversight through GreenWood’s Forest Management Systems and application of its Standard Operating Procedures ensure that assets are managed responsibly. GreenWood requires best-practice tools for spatial and tabular resource data management, analysis and modeling to help meet our sustainability commitments."
        • Engagement with non-compliant companies
          No
          0/5
        • Reporting on implementation of the policy
          No
          0/6
        • Ethical product in portfolio
          No
  • Commitment strength
    5/31
    Avg. score
  • Reporting and Implementation
    1/31
    Avg. score
  • Social considerations
    0/28
    Avg. score

Profile

TIAA-CREF are a financial services company headquartered in the US that primarily serves private and institutional investors in the not-for-profit sector including education, health care, government and research. Their services cover pensions, investments and insurance. In 2017, their total assets under management amount to more than 950 billion USD. TIAA-CREF are among the top bondholders and shareholders for Forest 500 companies, with bonds and shares across a broad range of forest risk sectors.

HQ
HQ 
United States
Financial institution type
Financial institution type 
Pension Fund

How we assess the Forest 500

Investors and lenders need to adopt and implement strong deforestation policies that ensure their investments are not funding the destruction of forests.

All assessments use policies published on financial institution websites, some links may have changed or been removed since the time of assessment.

Disclaimer

This assessment has been carried out following the methodology developed for the Forest 500 project, available here. Please see our disclaimer applicable to all information contained within this site and our terms and conditions for use of data presented on this site.

All assessments use policies published on company and financial institution websites, and while we endeavor to keep them updated some links may have changed or been removed since the time of assessment.

Please contact us with any concerns or feedback about this or other assessments included in the Forest 500.