On October 19, 2022, nearly 300 Teachers Insurance and Annuity Association (TIAA) account holders filed a complaint against the financial services giant and its wholly-owned subsidiary Nuveen through the United Nations-sponsored Principles for Responsible Investment (PRI).
The complaint alleges that TIAA’s substantial investments in fossil fuels and deforestation violate the company’s climate pledges and commitment to the PRI Principles and constitute serious violation of the PRI initiative. It was drafted with the assistance of TIAA-Divest! and the Center for International Environmental Law (CIEL).
Send a letter of support to PRI today and ask that the PRI, as the body responsible for safeguarding high ESG standards, give this complaint its fullest consideration. The reputation of the PRI, as well as all investors claiming that to have a “responsible” strategy, are at stake.
Your letter is more effective when it's been personalized by you. The most impactful letters include details about your life and why you care personally about TIAA's fossil fuel investments.
CLICK HERE TO SEND YOUR MESSAGE
Stand is an advocacy organization that brings people together to demand that corporations and governments put people and the environment first.