HESTA announces ambitious climate change plan HESTA has announced the development of a Climate Change Transition Plan (CCTP) that will see the fund commit to reducing the absolute carbon emissions in its investment portfolio by 33 per cent by 2030 and to be ‘net zero’ by 2050. “Our Climate Change Transition Plan is set to be one of the most comprehensive of its kind undertaken by a superannuation fund, mapping out how we’re going to manage climate risk, align our actions to a below-two-degrees world and support the transition to a low-carbon economy,” said HESTA CEO Debby Blakey. “Climate change presents...