HESTA members call for divestment from Woodside, warn of greenwashing

Health professionals accuse HESTA of greenwashing for backing fossil fuel expansions while claiming climate leadership. They demand the fund divest from Woodside and publicly reject controversial oil developments to align actions with stated values. This highlights how financial institutions risk reputational damage by failing to match their sustainability marketing with actual investment strategies.

Source: afr.com
Published on 2023-09-11