Stakeholder engagement is the process by which an organization communicates with, involves, and responds to the needs and concerns of people or groups affected by its activities. 

It refers to the process of identifying, assessing, and mitigating risks related to Environmental (E), Social (S), and Governance (G) factors that could impact an organization's performance, reputation, or compliance status

It is the process of tracking, managing, and optimizing a company’s carbon-related assets and liabilities to meet environmental goals, comply with regulations, and create financial value.