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Super funds target fast food giants over antibiotic use

Ronald Mizen

Australia’s $3.6 trillion superannuation sector has opened a new ESG front by demanding global multinationals such as McDonald’s provide detailed information about their use of antibiotics.

Debby Blakey, chief executive of the $83 billion–plus superannuation fund for health workers, HESTA, revealed allocation of capital was increasingly being assessed using a health lens as part of the fund’s ESG thinking.

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Ronald Mizen is the Financial Review’s political correspondent, reporting from the press gallery at Parliament House, Canberra. Connect with Ronald on Twitter. Email Ronald at ronald.mizen@afr.com

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    Original URL: https://www.afr.com/politics/federal/super-funds-target-fast-food-giants-over-antibiotic-use-20240605-p5jjda