Tag Archives: tiaa cref

TIAA-CREF Divests from Genocide

This week’s NewsAnalysis from the Sea Change Radio Headlines Anchor, Tania Haldar Hart:

So, what’s the connection between investing and genocide in the first place??  I’m no expert on the ethics of investing but I was intrigued by recent news that TIAA-CREF, the huge retirement fund for teachers and academics, divested its holdings in companies considered complicit with genocide.  Following up on its March 2009 commitment, TIAA-CREF sold all of its holdings in four Asian state-owned oil companies. Its research showed continued complicity in Sudanese genocide at PetroChina, CNPC Hong Kong, Oil and Natural Gas Corporation and Sinopec. Financial analysis also showed that divestment would have an insignificant impact on the performance of retirees’ portfolios.Read the show transcript

Promoting Peace Through Collaborative Commerce Between Palestine and Israel

Amber-ChandAmber Chand discusses how the Jerusalem Candle of Hope, made collaboratively by Palestinian and Israeli craftswomen on either side of the checkpoint separating them, bridges the political divide between the two countries. Also, an update on Coca-Cola, which was recently deleted from the KLD Broad Market Social Index, prompting TIAA-CREF to dump 1.2 million Coke shares worth $52.4 million from the CREF Social Choice Account.

The Amber Chand Collection