I have just realized that the TI toolchain does not have such a feature, at least not exposed anyway.
It would be a useful feature because currently, TI does not ship an own environment script to set up a sysroot variable for the target environment [1]. It is now up to the third-party projects to define a variable for this purpose, but it would be a lot better solution to handle this centrally either by a --sysroot option, or an environment setup script as aforementioned.
Please open up a bugreport for this as mentioned in the relevant thread [2]. I would like to get a number where I can follow the cycle of this request. Thank you in advance.
[1] http://e2e.ti.com/support/development_tools/compiler/f/343/t/252470.aspx
[2] http://e2e.ti.com/support/development_tools/code_composer_studio/f/81/t/140452.aspx