An exchange of information between a company and its stakeholders that provides an opportunity for stakeholders to raise concerns and comment on the impacts and merits of a proposal or activity before a decision is made. In principle the company should take into account the concerns and views expressed by stakeholders in the final decision.
(Source: based on information from Department of Environmental Affairs and Tourism (DEAT). 2002. Stakeholder Engagement, Integrated Environmental Management. DEAT Information Series 3. https://www.environment.gov.za/sites/default/files/docs/series3_stakeholder_engagement.pdf)