Established in 1990, TelstraSuper is a superannuation fund for current and past employees of Telstra, an Australian telecommunication company. As of June 30, 2019, the superannuation fund had AU$ 21 billion of assets under management.
As a long-term investor, TelstraSuper integrates sustainability into its investment process, and behaves as an active owner to prevent value destruction in both its internally and externally managed assets. Furthermore, the super fund implemented a climate change strategy in order to manage the carbon risks embedded in its portfolios. As such, it joined Climate Action 100+ in December 2019 to engage highly polluting companies, and invests in wind and solar power generation.