HESTA Outlines its Active Ownership Themes

Australian superannuation fund HESTA, which is focused on the health and community services sector, has published its four key engagement priority expectations of investee companies ahead of the 2023-24 proxy season. Companies listed on the ASX 300 will be challenged by HESTA on climate change, gender equality, decent work, and natural capital and biodiversity loss over the coming months, as the fund looks to increase transparency and upscale solutions. Debby Blakey, HESTA’s CEO, said: “HESTA’s 2023-24 active ownership priorities reflect a commitment to responsible investment and engagement for a growing, sustainable and inclusive economy so we can continue to deliver strong returns to our members. In the upcoming AGM season, companies will be engaged not only in their response to immediate risks and opportunities for performance, but also in their efforts to promote a sustainable and inclusive economy, benefiting shareholders, members, and all Australians.” 

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