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One of the principal functions of the government is to achieve social goals (social goods, moral behaviour), in particular those that cannot be achieved efficiently by society itself and have important external effects.

If a government feels that society should achieve ESG goals, it is not appropriate for CFA and their clients to second guess that conclusion. They can only give expert advice on the efficiency of the (proposed) rule. Otherwise, It is a business between politicians and voters only. Rules on ESG are no different from rules on e.g. inside information.