Which stakeholders are primarily involved in shareholder engagement regarding ESG issues?

Shareholder engagement regarding ESG issues primarily involves investors and corporate executives because both parties have a vested interest in the company's performance and long-term sustainability. Investors—such as institutional shareholders—are increasingly focused on ESG factors as they can significantly influence overall financial performance and risk management. They engage with corporate executives to understand how the company’s strategies are aligned with sustainable practices and how it manages ESG risks.

Corporate executives, on the other hand, need to respond to investor concerns, provide transparency, and demonstrate how they are integrating ESG considerations into their corporate strategies and operations. This relationship is essential for effective communication and decision-making around ESG issues, as executives may need to adapt their strategies based on the feedback and demands from their investors.

In contrast, while government and regulators, media and public relations experts, as well as consumers and advocacy groups may play significant roles in the broader conversation around ESG, their direct engagement with shareholders specifically concerning ESG issues is not as central as that of the investors and corporate executives.