SHARE SHARE ON FACEBOOK SHARE ON TWITTER SHARE BY EMAIL TIAA Campaign Update: Momentum Builds Towards a Land Grab-Free Policy Shift

Momentum continues to build in our work to demand that TIAA, the world’s largest private retirement system, implement an investment policy free of deforestation and land grabs! Over 100,000 people, including thousands of TIAA holders, have taken action demanding that TIAA respect small farmers as part of our Campaign to Get TIAA Out of Forests and Farmland.

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U.S. Pension Fund TIAA Implicated in Brazilian Land Grabs

In September 2017 a delegation of 30 human rights, land, and food experts traveled around the Matopiba region of Brazil on a fact-finding mission supported by Grassroots International and ally organizations. The delegation found “high levels of agrochemical pollution, diminishing natural resources, land grabbing, as well as significant impact on the health of traditional communities, resulting from increasing soy plantations.”

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TIAA Tied to Deforestation and Displacement of Farmers, Environmentalists Claim in New Report

WASHINGTON D.C. – According to a report released today by leading environmental and social justice advocates, the investment management firm TIAA is leading a trend of speculating in land markets, which drives up farmland prices and displaces family farmers. TIAA also has significant holdings in Southeast Asian palm oil companies known for ravaging tropical forests, abusing workers and indigenous peoples, and driving species to the brink of extinction, the report reveals.

 

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