ESG Regulatory Framework for Asset Managers in the EU, UK, US, and Singapore: The Role of Social Knowledge and Value Judgement in the Asset Managers ESG Business Strategy

This paper proposes a methodological analysis of ESG regulatory developments across the E.U., U.K., U.S., and Singapore jurisdictions, with the aim of defining a strategic model for asset managers to competitively position their ESG operating model globally. We analyse the way regulatory initiatives interact with the market participants’ conventions resulting in two fundamental paradigms which asset managers should consider: 1) how regulation may innovate and contribute to the creation of technical knowledge on the ESG framework and 2) how the cognitive process of coordination between moral values and adaptation to the regulatory innovation influences individual decision-making and corporate strategies on ESG matters.