The NZX, along withtheStock Exchangesof other countries, enables listed companies to innovateandbecome market leaders.It also offers shareholders - particularly institutional investors - the opportunity tochallengecompanies to improve their response to criticalenvironmental and socialissues, and to publish their responses in non-financial/integrated reports.

Required:

Identify and discuss the ways in which institutional investorscaninfluence listed companies to be more responsive toenvironmental and social issues. Give examples.