Jun 8, 2026 – 8.00pmSuperannuation giant HESTA has emphasised the importance of Woodside appointing more Australian directors to its board, while also pushing for a more climate-focused strategy at the country’s largest oil and gas producer.“We acknowledge the value of international representation for a global business,” said HESTA chief executive Debbie Blakey. “But given Woodside’s primary ASX listing and significant Australian operations, we expect the board continues to have strong understanding of Australian governance norms, continues to make itself available to shareholders, and aligns with investor expectations on governance and management of environmental and social challenges.”Subscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? Fetching latest articles
Woodside pressed by HESTA on local board seats, climate
The super fund said it was also concerned that a focus on expanding the company’s oil and gas portfolio carried a risk around the energy transition.
117 words~1 min read
