Nuveen International Responsible Equity Fund - TIAA Investments/Nuveen

Shareclass
Nuveen International Responsible Equity Fund Premier Class (TSOPX)
Type
Open-end mutual fund
Sustainability mandate
Deforestation grade: Fund is invested in deforestation-risk agricultural commodity producer/traders, above the threshold of 0.5% and below 1.5%. Assigned a grade of D.
How we track deforestation-risk investments
D
17.4%
INVESTED IN DEFORESTATION-RISK COMPANIES
producers
AGRIBUSINESS
deforestation-risk producers and traders of palm oil, paper/pulp, rubber, timber, cattle, and soy
banks
BANKS AND LENDERS
that finance deforestation-risk agribusiness producers via lending and underwriting
consumers
MAJOR CONSUMER BRANDS
that use deforestation-risk agribusiness commodities in products
39
holdings flagged
17%
of assets flagged
This fund contains
 $335.37 MILLION invested 
in holdings flagged for deforestation risk
Along 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!
Sign the petition
producers
Commodity producers
5 holdings
1.24% of assets
$23.87 MILLION invested
banks
Banks and lenders
9 holdings
7.95% of assets
$153.24 MILLION invested
consumers
Major consumer brands
28 holdings
8.97% of assets
$172.85 MILLION invested
Commodity producers
Commodity producers
5 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%.
5 HOLDINGS
  • % of portfolio
    $ invested
  • 1. Neste Oyj
    Soy producerPalm oil producer
    0.33%0.33% of portfolio
    $6.33M$6.33M invested
    Soy producerPalm oil producer
  • 2. UPM-Kymmene Oyj
    Timber producerPaper/pulp producer
    0.33%0.33% of portfolio
    $6.3M$6.3M invested
    Timber producerPaper/pulp producer
  • 3. Associated British Foods PLC
    Soy producerPalm oil producer
    0.23%0.23% of portfolio
    $4.35M$4.35M invested
    Soy producerPalm oil producer
  • 4. Stora Enso Oyj
    Timber producerPaper/pulp producer
    0.2%0.2% of portfolio
    $3.93M$3.93M invested
    Timber producerPaper/pulp producer
  • 5. Wilmar International Ltd
    Soy producerPalm oil producer
    0.15%0.15% of portfolio
    $2.95M$2.95M invested
    Soy producerPalm oil producer
Banks and lenders
Banks and lenders
9 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).
9 HOLDINGS
  • % of portfolio
    $ invested
  • 1. HSBC Holdings PLC
    1.78%1.78% of portfolio
    $34.34M$34.34M invested
  • 2. Commonwealth Bank of Australia
    1.13%1.13% of portfolio
    $21.86M$21.86M invested
  • 3. Banco Bilbao Vizcaya Argentaria SA
    1.03%1.03% of portfolio
    $19.86M$19.86M invested
  • 4. Sumitomo Mitsui Financial Group Inc
    0.96%0.96% of portfolio
    $18.42M$18.42M invested
  • 5. Mizuho Financial Group Inc
    0.86%0.86% of portfolio
    $16.61M$16.61M invested
View next 4
Major consumer brands
Major consumer brands
28 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).
28 HOLDINGS
  • % of portfolio
    $ invested
  • 1. Nestle SA
    Soy major consumer brandCattle major consumer brandPaper/pulp major consumer brandPalm oil major consumer brand
    1.49%1.49% of portfolio
    $28.66M$28.66M invested
    Soy major consumer brandCattle major consumer brandPaper/pulp major consumer brandPalm oil major consumer brand
  • 2. Reckitt Benckiser Group PLC
    Paper/pulp major consumer brandPalm oil major consumer brand
    0.58%0.58% of portfolio
    $11.23M$11.23M invested
    Paper/pulp major consumer brandPalm oil major consumer brand
  • 3. Fast Retailing Co Ltd
    Cattle major consumer brandPaper/pulp major consumer brand
    0.53%0.53% of portfolio
    $10.21M$10.21M invested
    Cattle major consumer brandPaper/pulp major consumer brand
  • 4. RELX PLC
    Paper/pulp major consumer brand
    0.5%0.5% of portfolio
    $9.54M$9.54M invested
    Paper/pulp major consumer brand
  • 5. Danone SA
    Soy major consumer brandPaper/pulp major consumer brandPalm oil major consumer brand
    0.48%0.48% of portfolio
    $9.32M$9.32M invested
    Soy major consumer brandPaper/pulp major consumer brandPalm oil major consumer brand
View next 5
View more info
DATA AS OF 31 Jan 2026





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