TIAA

Government, Insurance

Risk Level:

Rating - Caution
Medium Risk

Summary:

TIAA does not work with vendors that do not have LGBTQ nondiscrimination protections and does not provide protective policies for the viewpoints of employees. The firm supports ideological legislation such as the Equality Act but also permits giving to religious groups and does not use PAC donations for political purposes. For these reasons, TIAA receives a "Medium Risk" rating.

Criteria
Risk Level
Rationale
Corporate Weaponization
Criteria

Has denied service to customers, suppliers, or vendors due to their political views or religious beliefs OR corporately boycotts, divests, or sanctions regions, people groups, or industries.

Risk Level
Rationale

TIAA has not publicly terminated business relationships due to religious beliefs or political views. The company received a score of 100 on the Corporate Equality Index from the Human Rights Campaign. Among other requirements, this means TIAA has pledged to vet vendors based on LGBTQ policies (1).

Criteria

Charitable giving (including employee matching programs) policies or practices discriminate against charitable organizations based on views or religious beliefs.

Risk Level
Rationale

TIAA does not have restrictions on donations to religious organizations (1).

Criteria

Employment policies fail to protect against discrimination based on political affiliation/views and/or religion.

Risk Level
Rationale

TIAA does not protect its employees from viewpoint discrimination (1).

Corporate Governance and Public Policy
Criteria

Uses corporate reputation to support ideological causes and/or organizations hostile to freedom of expression.

Risk Level
Rationale

TIAA has signed an open letter in support of the Equality Act (1). TIAA’s CEO has spoken out against the Georgia voting reform law as well (2).

Criteria

Uses corporate funds to advance ideological causes, organizations, or policies hostile to freedom of expression.

Risk Level
Rationale

There are no publicly known instances of TIAA using corporate funds to support ideological groups hostile to freedom of expression.

Criteria

Uses corporate political contributions for ideological, non-business purposes.

Risk Level
Rationale

TIAA regularly donates in a bipartisan manner, and there is no record of them using PAC donations for ideological purposes (1).

All links were last accessed and all information was updated on:
December 31, 2022

Company reports are intended for educational use only. Full Disclaimer

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