HESTA
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Company type | Industry superannuation fund |
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| Headquarters | Australia |
Area served | Australia |
Key people | Debby Blakey, CEO |
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| Website | hesta |
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HESTA is an Australian industry superannuation fund for workers in health and community service sectors. HESTA services more than 90,000 employers and has more than 1.05 million members,[1] around 80% of whom are women.[2] It has more than $100 billion in funds under management.[1] HESTA was formed in 1987. HESTA holds an Australian financial services licence. It was awarded the SuperRatings Net Benefit Award 2026 — recognising HESTA as the Australian super fund delivering the best net benefit outcomes for members over the short and long term.[1]
History
HESTA removed all tobacco investments from its portfolios in 2013.[3] In 2015, HESTA sold its stake in Transfield Services citing evidence of human rights violations inside the offshore detention centres run by the sharemarket-listed company.[4]
Governance
HESTA is run by a Trustee company called H.E.S.T. Australia Limited. The Board of the trustee consists of six Directors appointed by employees, six Directors appointed by employers, an independent Director and an independent chair.[5] The CEO is Debby Blakey.
References
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- ^ a b c HESTA - we’re an industry fund
- ^ Page Module:Citation/CS1/styles.css has no content."HESTA - super leader". Archived from the original on 5 October 2018. Retrieved 4 October 2018.
- ^ Page Module:Citation/CS1/styles.css has no content."Another super fund drops its investment in tobacco". 9 January 2013.
- ^ Page Module:Citation/CS1/styles.css has no content."HESTA dumps Transfield citing detention centre abuses". 18 August 2015.
- ^ leadership team
