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Showing 31 - 40 of 126 results for "HESTA"

Calls for transformation, climate skill in AGL board renewal

RACHEL ALEMBAKIS  |  THURSDAY, 2 JUN 2022  |  NEWS
... and Accel Energy (coal and gas-fired power plants). The decision was opposed by shareholders including Grok Ventures and HESTA. Chair Peter Botten has now resigned and chief executive and managing director Graeme Hunt, also a member of the board, will ...

HESTA first super fund to oppose AGL demerger

RACHEL ALEMBAKIS  |  THURSDAY, 26 MAY 2022  |  NEWS
Industry super fund HESTA will vote against a proposed demerger of energy utility AGL, becoming the first super fund to state their proxy voting intentions in public. HESTA said it has engaged with AGL and decided to vote against the demerger, as reported ...

ASX boards need to "quickly evolve" on ESG skills: Melior

RACHEL ALEMBAKIS  |  THURSDAY, 5 MAY 2022  |  NEWS
... track every conversation and engagement with a company and we set timeframes whereby we expect to see results. "Becoming a Hesta 40:40 company - a company can do that in 6 to 12 months, but setting an emissions pathway or becoming a TCFD reporter can ...

HESTA "unlikely to support" AGL demerger without faster closure of coal-fired stations

RACHEL ALEMBAKIS  |  TUESDAY, 3 MAY 2022  |  NEWS
HESTA is "unlikely to support" the demerger of AGL unless the company sets a clear strategy to invest in renewables and storage and "strong commitments" to close coal-fired power plants earlier than currently proposed. "To lower systemic risk and protect ...

Investor backing for Say on Climate votes: ACCR

RACHEL ALEMBAKIS  |  THURSDAY, 28 APR 2022  |  NEWS
... Active Super, AMP, AustralianSuper, Aware Super, BT Financial Group, CareSuper, Cbus Super, Equipsuper, Colonial First State, HESTA, HostPlus, Mercer, Mine Super, NGS Super, QSuper, REST, SunSuper, Telstra Super, UniSuper and Vision Super. The 10 remaining ...

HESTA confirms bid for Ramsay Health Care

ANDREW MCKEAN  |  THURSDAY, 21 APR 2022  |  NEWS
Industry super fund HESTA has announced it is part of a consortium led by KKR to acquire Ramsay Health Care. At the time of writing, Ramsay Health Care's share price rose 2.45% following the HESTA announcement. HESTA chief executive Debby Blakey ...

CEFC, super funds allocate to IFM Investors private equity fund

RACHEL ALEMBAKIS  |  THURSDAY, 17 FEB 2022  |  NEWS
... Fund invests in Australian-based mid-market growth companies and aims to accelerate emissions reduction in these companies. HESTA and legalsuper have also invested in the fund. Investments will be targeted at companies that have the potential to facilitate ...

Super funds react to Rio report into bullying, sexism, racism

RACHEL ALEMBAKIS  |  THURSDAY, 3 FEB 2022  |  NEWS
... findings extremely concerning, while acknowledging that Rio conducted a comprehensive, independent and transparent enquiry. HESTA noted that the report potentially points "to broader issues across the mining sector." "Rio conducting a comprehensive ...

HESTA's former head of impact launches consultancy

RACHEL ALEMBAKIS  |  THURSDAY, 3 FEB 2022  |  NEWS
HESTA's former head of impact has launched her own consultancy, focusing on authentic ESG decisions by companies and investors. Mary Delahunty stepped down from her role at the $66 billion super fund to launch Seven Advisory, which will work around ...

Pushing ahead on gender parity in investment: Future IM/Pact

RACHEL ALEMBAKIS  |  THURSDAY, 6 JAN 2022  |  NEWS
... years, mainly in mid-level roles. In a recent white paper, Where are all the women, Beattie cited research 2020 research by HESTA of its 60 investment partners' gender composition, which found that aggregate gender composition has improved from 17% ...