College Retirement Equities Fund - Responsible Balanced Account - TIAA Investments/Nuveen
Shareclass
College Retirement Equities Fund - Responsible Balanced Account Class R1 (QCSCRX)
Type
Variable annuity
Manager
Filing
Deforestation grade: Fund is invested in deforestation-risk agricultural commodity producer/traders, below the threshold of 0.5%. Assigned a grade of C.
How we track deforestation-risk investments
How we track deforestation-risk investments
C
8.64%
INVESTED IN DEFORESTATION-RISK COMPANIES
AGRIBUSINESS
deforestation-risk producers and traders of palm oil, paper/pulp, rubber, timber, cattle, and soy
BANKS AND LENDERS
that finance deforestation-risk agribusiness producers via lending and underwriting
MAJOR CONSUMER BRANDS
that use deforestation-risk agribusiness commodities in products
67
holdings flagged
8.64%
of assets flagged
This fund contains
$1.86 BILLION invested
in holdings flagged for deforestation riskAlong with its subsidiary Nuveen, TIAA is one of the largest pension funds in the U.S. Despite its reputation for social responsibility, TIAA is also one of the world's largest investors in fossil fuels and agribusiness, and the largest investor of farmland in the world, with almost 2 million acres of farmland on four continents worth as much as $10 billion. But TIAA's agribusiness investments and farmland deals are causing more harm than it lets on. These deals are driving land grabs, deforestation, and human rights violations, and they're squeezing out family farmers and rural communities. Demand that TIAA stop buying farmland and institute a No Deforestation Policy!
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Commodity producers
9 holdings
0.3% of assets
$64.49 MILLION invested
Banks and lenders
11 holdings
3.46% of assets
$742.96 MILLION invested
Major consumer brands
53 holdings
5.03% of assets
$1.08 BILLION invested
Commodity producers
9 HOLDINGS
Companies that produce and trade palm oil, paper/pulp, rubber, timber, cattle, and soy, and have a past record or a significant risk of contributing to deforestation, land grabbing, and human rights abuses. Investing in any of these companies assigns a fund a grade of C if total producer exposure is below the threshold of 0.5%; a grade of D if below 1.5%; and a grade of F if above 1.5%.
9 HOLDINGS
- % of portfolio$ invested
- 1. International Paper Co
0.07%0.07% of portfolio$15.51M$15.51M invested - 2. UPM-Kymmene Oyj
0.06%0.06% of portfolio$13.39M$13.39M invested - 3. Neste Oyj
0.05%0.05% of portfolio$11.5M$11.5M invested - 4. Associated British Foods PLC0.05%0.05% of portfolio$9.68M$9.68M invested
- 5. Stora Enso Oyj0.04%0.04% of portfolio$8.56M$8.56M invested
View next 4
Banks and lenders
11 HOLDINGS
Financial institutions directly and indirectly involved in underwriting and lending to deforestation-risk producers and traders. Investing in any of these companies assigns a fund a grade of B (assuming there are no investments in producers).
11 HOLDINGS
View next 5
Major consumer brands
53 HOLDINGS
Consumer goods retailers that source palm oil, paper/pulp, rubber, timber, cattle, and soy from deforestation-risk producers and traders and sell it to consumers worldwide. Investing in any of these companies assigns a fund a grade of B (assuming there are no investments in producers).
53 HOLDINGS
- % of portfolio$ invested
- 1. Procter & Gamble Co/The
0.53%0.53% of portfolio$113.44M$113.44M invested - 2. Home Depot Inc/The
0.53%0.53% of portfolio$113.07M$113.07M invested - 3. TJX Cos Inc/The0.49%0.49% of portfolio$104.44M$104.44M invested
- 4. PepsiCo Inc
0.43%0.43% of portfolio$92.44M$92.44M invested - 5. McDonald's Corp0.41%0.41% of portfolio$87.94M$87.94M invested
View next 5
DATA AS OF 31 Dec 2025
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College Retirement Equities Fund - Responsible Balanced Account - TIAA Investments/Nuveen QCSCRX
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