ESG—environmental, social, and governance factors—continues to capture headlines for a variety of reasons, perhaps most notably for its rapid rise. ESG assets surpassed $35 trillion in 2020, up from $30.6 trillion in 2018 and $22.8 trillion in 2016, and by 2025 global ESG assets may exceed $50 trillion.1 What may have initially been viewed as a fringe movement, ESG is now part of the mainstream and greatly driven by mounting environmental, social, and governance concerns among consumers, investors, and governments.