Wikipedia

HESTA

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]

HESTA
TypeIndustry superannuation fund
IndustrySuperannuation
Founded1987; 39 years ago (1987)
Headquarters
Australia
Area served
Australia
Key people
Debby Blakey, CEO
Websitehesta.com.au

History

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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

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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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