Corporate Strategy

Human rights considerations part of trustee board obligations

When industry superannuation fund HESTA announced that it had divested from its holdings in Transfield Services, it cited social governance concerns that, in their view, represented an unacceptable risk to members' future retirement savings for the potential return. The decision signalled that human rights concerns are linked to financial returns of this stock in the fund's estimation.

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Read more: human rights,  HESTA,  ACSI,  Corporate Human Rights Benchmark,  Minter Ellison,  Sarah Barker,  Australian Council of Superannuation Investors,  CAER,  Debby Blakey,  Duncan Paterson,  Louise Davidson