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Nuveen's Saira Malik speaking

Empowered by our people

Inclusion, diversity and equity at Nuveen

 

Workplace & culture

Inclusion, diversity and equity (ID&E) have been an essential component to our 120-year heritage. Alongside our parent company, TIAA , we’re proudly cultivating an environment of inclusion and equity that celebrates diversity and empowers our employees, clients and the communities we serve. With offices operating across 24 countries, we create workplaces that foster respect, integrity and accountability, inspiring us to learn from each other and grow together as a firm.
 

At Nuveen, we see diversity and inclusion as a bottom-line issue because it helps us attract, develop and retain the best talent in the industry. But it’s also core to who we are as a firm, and building a culture where people can bring their authentic selves to work every day, have their voices heard, and feel like they belong is how we get better for ourselves, and our clients.

- Jose Minaya | Chief Executive Officer, Nuveen

 

Business Resource Groups

Nuveen Business Resource Groups (BRGs) provide a platform for associates to unite and share cultural, social and gender-related identities and experiences. BRGs are an invaluable asset for employees looking to find camaraderie, spread awareness and strengthen professional networks across our organization. Our BRGs are open to anyone at Nuveen interested in learning about diversity dimensions — not just those who identify with a specific group's focus.
 
  • Achieve (Female associates and allies, and LEAD)
  • Alliance (LGBTQ+ associates and allies)
  • Diverse Abilities (Associates with disabilities, caregivers, and allies)
  • Empowered (Black associates and allies)
  • Unite (Latino and Hispanic associates and allies)
  • Engage (Asian associates and allies)
  • Our Corps (Active military, veterans, family members, and allies) 
  • Yo-Pro (Associates young in career or new in a role and allies) 
  • So–Pro (Seasoned, experience associates and allies)
 

Inclusion & Diversity Council

In October 2020, Nuveen associates pressed the organization’s leadership to take action and address ID&E challenges in investment management. This open dialogue catalyzed the formation of the Nuveen Inclusion & Diversity Council, formalizing our firm commitment to lead change across the industry.
 

Beliefs and commitments

  1. Diverse portfolio management teams can achieve better outcomes for clients. We will work even harder to extend opportunities to under-represented groups and create new pipelines leading to investment roles.
  2. Diversity of thought and perspective can broaden communication and deepen connections with our partners. We are actively assessing opportunities to diversify our client and vendor interactions through commitments to diversity on panels, supplier diversity goals and vendor diversity expectations.  
  3. Action and modeled behavior from the top is essential for achieving inclusive and diverse culture. Nuveen’s executive leadership team is leveraging industry-leading equity metrics and analytics to drive decision making, while formally incorporating ID&E into enterprise-wide performance goals and by becoming Business Resource Group members, allies, sponsors and coaches.

 

Recruiting diverse talent

We’re increasing diversity across our firm through deliberate actions within early talent, mid-career and executive recruiting efforts. Our early talent rotational program attracts and develops talent through partnerships with organizations, youth education programs and diversity associations around the globe.

A driving force in our mid-career recruiting comes from Nuveen’s Roger W. Ferguson, Jr. MBA Fellowship Program . The fellowship partners with leading MBA programs and professional diversity development associations to provide an on-ramp for outstanding scholars from backgrounds that have been historically under-represented in the financial services industry.

Our executive recruiting efforts focus on networking and speaking engagements through partnerships with professional societies and organizations. We are also involved in Nuveen’s industry-influencing LEAD events, as well as many networking programs that we host and co-host with our partners to seek out executive-level leaders.

Visit our Careers page to find out more information about working with Nuveen. 
 

Responsible investing

We pioneered responsible investing over 50 years ago  with our advocacy for social responsibility during the apartheid era. Now, we continue to evolve our responsible investing legacy as our ID&E efforts drive our investments and how we manage portfolios.
  • $39B in ESG-focused strategies
  • 5 decades spent championing responsible investing
  • A+ or A rating from UN PRI across all reported modules in 20201
How ID&E drive responsible investing at Nuveen
  • Nuveen investment teams leverage high quality ESG data with metrics on inclusion and diversity, as well as human capital management.
  • Nuveen had an 82% support rate for I&D related proposals from July 1, 2020-June 31, 2021.2
  • Since 2018, we’ve encouraged over 800 companies lacking female board members to increase female representation. As a result, over 60% of those companies added women to their boards.2
  • In 2020, we launched a cutting edge engagement campaign prompting companies to disclose demographic information by core function, highlighting root causes of pay inequity as well as opportunities and gaps in the pipeline for profit and loss roles.
inclusion and diversity voting against director chart

For more information see TIAA Policy Statement on Responsible Investing  and Nuveen’s Responsible Investing Engagement Report .

 

Community engagement

Our associates help bring our purpose to life, positively impacting the communities where we live and work around the globe.
 

Be the change

Launched in the summer of 2020, Be the Change is our organizational platform calling for a sustained focus on social justice. Starting with our leadership, we’ve encouraged every associate across the enterprise to take action against racial injustice and to support communities in need. Associate participation has been unprecedented, coming to life through our enterprise-wide Race Against Racism, our Summer of Service community digital access engagement program for those in need, and through other tutoring and volunteer opportunities.
 

Equity Collective

We’re a founding member of Morgan Stanley’s Equity Collective Initiative, an industry leading group of investment managers who’ve joined forces to educate, empower and develop the next generation of diverse leaders in the financial services industry. Through this multi-year commitment, we’re actively engaging with Boys and Girls Club of America and Team IMPACT , two nonprofit organizations that work with underserved minority youth and young adults across the U.S. on career readiness and leadership skills.
 

Project Destined

We’ve partnered with Project Destined , a national social impact platform providing knowledge and skills to high school students from underserved communities who aspire to pursue careers in real estate. By focusing on business education and skill development, the partnership gives students access to the experience and expertise of Nuveen’s real estate investment professionals as they explore pathways to future careers.
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About Nuveen
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Financial Professionals
800.752.8700
Individual Investors
800.257.8787

We are an Equal Opportunity/Affirmative Action Employer. We consider all qualified applicants for employment regardless of age, race, color, national origin, sex, religion, veteran status, disability, sexual orientation, gender identity, or any other protected status.

1 UN Principles for Responsible Investment, 2020, unpri.org 
2 Nuveen 2020-2021 Annual Stewardship Report, 2021, https://www.nuveen.com/en-us/insights/responsible-investing/annual-stewardship-report

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The material contained on this website is not intended to be a recommendation or investment advice, does not constitute a solicitation to buy, sell or hold a security or investment strategy and is not provided in a fiduciary capacity. The information provided does not take into account the specific objectives or circumstances of any particular investor, or suggest any specific course of action. Investment decisions should be made based on an investor’s objectives and circumstances and in consultation with his or her financial professionals.

Nuveen provides investment advisory solutions through its investment specialists. Nuveen Securities, LLC, member FINRA  and SIPC  .

The TIAA group of companies does not provide legal or tax advice. Please consult your legal or tax advisor.

The information on this website is intended for U.S. residents only. If you are a non-U.S. resident, please visit the Global section of our website www.nuveen.com/global  . The information provided does not constitute a solicitation of an offer to buy, or an offer to sell securities in any jurisdiction to any person to whom it is not lawful to make such an offer.

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