6 November 2025
Attributable to a HESTA spokesperson:
HESTA has been issued with two infringement notices in relation to a statement used in our Google and Bing advertising. The incident was isolated to this online advertising and made in error.
We apologise to our members and partners, recognising we fell short of the high standards they should expect from us in our communications.
Once we identified the issue, we took immediate action to remove the content from publication and self-reported the incident to ASIC.
HESTA takes our regulatory obligations very seriously. We have cooperated with ASIC and taken appropriate action to address its concerns, including further strengthening our internal processes and controls to minimise the risk of future incidents occurring.
HESTA is commited to providing clear, accurate and transparent communication to members regarding how we are addressing climate change as a material financial risk.
Ends.
For information on HESTA's climate objectives please refer to HESTA’s Climate Change statement https://www.hesta.com.au/content/dam/hesta/Documents/hesta-climate-change-statement.pdf