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The Guardian - AU
The Guardian - AU
National
Ben Butler

Hesta members pledge to ditch super fund over fossil fuel investments

HESTA AGL Market Forces Mike CannonBrookes Amnesty International Santos
File photo of a Woodside gas production facility off the north-west coast of Australia
A Woodside gas production facility. Some Hesta members and Amnesty International are considering ditching the super fund unless it divests from fossil fuel. Photograph: AFP/Getty Images

Members of $68bn industry super fund Hesta have put their names to a full-page newspaper ad calling on people to join them in leaving the fund over its continued investment in fossil fuel companies.

In addition to 130 individuals who have pledged to leave Hesta, the Australian arm of Amnesty International says it is considering ditching the fund as its default option for its 75 employees unless the fund divests from fossil fuel.

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