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When Should a Pension Fund Manager Consider an Investment's Environmental, Social and Governance (ESG) Aspects? (PDF)
Reinhart Boerner Van Deuren s.c. 
Sept. 25, 2012
An essay in which the author laments the practical and legal difficulties faced by discretionary pension fund managers in taking into account ESG factors, but he also complains of ESG "zealots" who see ESG as the "dominant, if not sole, issue." The essay is followed by several responses, including one from a Reinhart Boerner Van Deuren attorney who states, "[T]he popular understanding of fiduciary duty is once again at odds with economic reality and getting ready for a new transition."
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