Advisers face mounting pressure from investors to integrate environmental, social and governance (ESG) factors into the investment process. At the same time, the SEC is paying close attention to how advisers do that and how their practices jibe with their disclosures to investors. A recent Seward & Kissel program examined how advisers can begin to integrate ESG factors into the investment process and the associated compliance issues, including allocation of ESG-related expenses, use of third-party ESG scoring providers, ESG disclosures, side letters, commitments to ESG initiatives and ERISA concerns. The program featured Seward & Kissel partners Debra Franzese, Nicholas R. Miller, Patricia A. Poglinco and S. John Ryan. This article distills their insights. See “Legal and Compliance Challenges for Global Asset Managers From Disparate ESG Regulations in the U.S. and Europe” (Feb. 23, 2021).