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Stakeholders v. Shareholders: reimagining environmental justice

Stakeholders v. Shareholders: reimagining environmental justice   I. An introduction to ESG through investor/shareholder activismFor giant corporations and businesses around the globe, climate justice goals have often reflected less of a conscious accountability towards the larger issue of environmental rights and more of a strategic matter of regulatory compliance at best. Although concerns on sustainable investment practices and carbon output by business giants have been parts of several environmental and social justice conversations preceding the current consciousness of climate crisis, however, institutional responses in the form of introducing and including environmental, social and corporate governance (ESG) as part of the…