Teachers Insurance and Annuity Association (TIAA), headquartered in the United States, is a leading financial services organisation dedicated to serving the educational and non-profit sectors. Founded in 1918, TIAA has established itself as a trusted provider of retirement and investment solutions, focusing on the unique needs of educators and their institutions. With a strong presence across the US, TIAA offers a range of core products, including retirement plans, annuities, and investment management services. What sets TIAA apart is its commitment to delivering secure, long-term financial growth tailored specifically for those in the academic and non-profit fields. Over the years, TIAA has achieved significant milestones, solidifying its market position as a pioneer in socially responsible investing and financial education.
How does Teachers Insurance And Annuity Association's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Mean score of companies in the Insurance Services industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Teachers Insurance And Annuity Association's score of 60 is higher than 81% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, Teachers Insurance and Annuity Association (TIAA), headquartered in the US, reported total emissions of approximately 13,820 kg CO2e, comprising 6,820 kg CO2e from Scope 1 and 7,000 kg CO2e from Scope 2. This marks a significant reduction from 2023, where emissions were about 21,810 kg CO2e, with Scope 1 at 13,320 kg CO2e and Scope 2 at 8,490 kg CO2e. Globally, TIAA's emissions for 2023 totalled approximately 72,353,000 kg CO2e, with Scope 1 emissions at 3,639,000 kg CO2e, Scope 2 at 28,791,000 kg CO2e, and Scope 3 at 39,232,000 kg CO2e. The company has set ambitious climate commitments, aiming for net-zero operational emissions by 2040 for both Scope 1 and Scope 2 emissions, and by 2050 for all scopes. Additionally, TIAA targets a 30% reduction in the intensity of landlord-controlled energy use by 2025. The emissions data for TIAA is cascaded from its parent organisation, Teachers Insurance and Annuity Association of America, which provides a comprehensive view of the company's climate impact and commitments. TIAA is actively working towards achieving a 46% absolute reduction in gross emissions by 2030, compared to 2019 levels, alongside a goal of 100% renewable electricity by 2040.
Access structured emissions data, company-specific emission factors, and source documents
2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Scope 1 | 4,832,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
Scope 2 | 40,251,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
Scope 3 | 56,366,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Teachers Insurance And Annuity Association is participating in some of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.