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Adasina's JSTC ETF shifts from divestment to collective action, influencing corporate policies via a $1.14T coalition.

Market News
07 Apr 2026
ETF Trends
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Neutral
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Adasina's Social Justice All Cap Global ETF (JSTC) is moving away from simple divestment toward a collective action strategy, leveraging a coalition of 173 institutional members managing $1.14 trillion to influence corporate social policies. The fund actively engages in proxy voting, opposing over 600 executive pay packages and supporting 110 social justice proposals, while targeting corporate lobbying transparency and labor protections for transgender employees. Adasina also transitioned to an employee-owned model to align with its economic justice values and plans to focus on emerging risks like AI and surveillance amid rising political pressure on ESG. This approach positions JSTC as a governance-focused fund aiming to drive social change through shareholder activism rather than just financial returns.

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