ESG Factors in Pensions Funds Regulations: Why, How Far Have They Gone, and What Is the Potential for Improvement?

Several countries and regional organizations have basically been developing hard, comprehensive, and flexible regulations and guidelines specific to pension funds and asset managers regarding the integration of ESG considerations into their investment policies. Therefore, the author wants to understand what are the limitations and opportunities considering the particular nature and function of pension funds, their actual extension, and the potential for improvement.