ESG News For TIAA-CREF

Churchill Asset Management LLC (“Churchill”), an investment-specialist of Nuveen that provides customized financing solutions to U.S. middle market-focused private equity sponsors and their portfolio companies, was recognized among the 2024 “Best Places to Work in Money Management” by Pensions & Investments (P&I) magazine.Presented by P&I, the global news source of money management and institutional investing, the 13th annual survey and recognition program is dedicated to identifying and recogni

Events and Activities Across the Country Inspire Action and Celebrate Food Waste Warriors Making A Difference

Dynamic program and initial speaker line-up announced for the highly anticipated four-day event centering around the theme “Shaping a Shared Future”

Climate change cited as leading ESG criteria for both money managers and institutional asset ownersHIGHLIGHTSBoth money managers and institutional asset owners cited climate change/carbon emissions as the top issue they addressed in ESG incorporation, with each group saying it applied to more than $3 trillion of the assets under their purview.Additionally, money managers reported applying fossil fuel divestment policies across $1.2 trillion in their assets under management, putting it in fourth place among all the ESG criteria they address. Avoidance of military/weapons related investments and tobacco-related investments ranked second and third for money managers, affecting $1.8 trillion and $1.7 trillion in assets, respectively.For institutional asset owners, the second most important ESG issue factored into investment decision-making was avoidance of companies doing business in countries of high conflict risk, affecting $3.3 trillion in assets. Board issues and sustainable natural resources/agriculture were the third and fourth most important ESG issues for institutional investors in asset-weighted terms, affecting $2.9 trillion and $2.8 trillion, respectively.From 2020 through the first half of 2022, 154 institutional investors and 70 investment managers controlling $3 trillion in AUM led or co-led shareholder resolutions on ESG issues.The leading ESG issue raised in shareholder proposals was on ensuring fair workplace practices, and particularly on ending de facto discrimination based on ethnicity and sex. Close behind in the numbers of proposals filed were concerns about corporate political activity and climate change.Community investing experienced rapid growth, with assets under management increasing 72 percent to $458 billion over the past two years and increasing more than 600 percent in the last decade.

Marks the second consecutive year Churchill has received this prestigious distinction

136 Honoree Companies Recognized for Their Unwavering Commitment to Business Integrity as Values-based Leadership Leads to Financial Outperformance

New Directors Bring Significant Experience in Management, Finance, Marketing and Equity Issues

TIAA was named #9 on the 2020 DiversityInc Top 50 Companies for Diversity list, climbing six places from its #15 rank in 2019.TIAA also entered the top 10 companies for the first time after appearing on the list for the eighth consecutive year. This honor recognizes TIAA’s commitment to building a workplace that reflects the diversity of the clients it serves.“Diversity and inclusion are an essential part of who we are. Our inclusive culture and diverse workforce helps us better understand and a

Nominate a hero you know to be one of this year’s Community Champions and they could win $1000 towards the charity of their choice. Visit TIAABank.com/communitychampion.

Nuveen’s 2020 Proxy Season Preview predicts that a broader range of stakeholders will demand corporate action on climate change, gender parity and workforce diversity

TIAA Bank announced today a three-year, $1.5 million commitment to empower students with the skills they need to make lifelong success possible. In addition, TIAA will contribute $3 million to make a lasting impact on financial literacy education. In collaboration with EVERFI Inc., a leading education technology innovator, TIAA Bank will deliver critical financial education to 100 elementary and high schools in low-to-moderate income communities across

The bank heads back to Vail Valley for this year’s GoPro Mountain Games, this time as TIAA Bank. EverBank has been the official bank of the Vail Valley Foundation and the GoPro Mountain Games since 2015. This year is a milestone year as the company took on its new name, TIAA Bank, on June 4, 2018 after TIAA’s acquisition of EverBank in 2017. EverBank is now TIAA Bank. This press release features multimedia. View the full release here: https://www.businesswire.com

2017 Annual Conference and Exposition in Philadelphia