The NZX, along with the Stock Exchanges of other countries, enables listed companies to innovate and become market leaders. It also offers shareholders - particularly institutional investors - the opportunity to challenge companies to improve their response to critical environmental and social issues, and to publish their responses in non-financial/integrated reports.

Required:

Identify and discuss the ways in which institutional investors can influence listed companies to be more responsive to environmental and social issues. Give examples.

Relevant links...if possible please use

https://www.blackrock.com/corporate/investor-relations/larry-fink-ceo-letter

https://www.climateleaderscoalition.org.nz/

https://www.scoop.co.nz/stories/BU1909/S00751/esg-report-reveals-showcase-opportunity-for-nz-businesses.htm

https://www.interest.co.nz/personal-finance/105446/both-sharesies-and-investnow-hit-500-million-funds-under-management-mark

http://legislation.govt.nz/act/public/2013/0069/latest/DLM4090578.html?src=qs