Advisers are facing increasing SEC scrutiny over disclosures and practices around their use of environmental, social and governance (ESG) factors in the investment process. A recent ACA Group (ACA) program examined SEC initiatives, examination experiences and potential rulemaking pertaining to ESG investing and explored how advisers’ compliance teams are engaged in the firms’ ESG practices. ACA partner Crista DesRochers moderated the discussion, which featured Ranah Esmaili, partner at Sidley Austin and former SEC official; Wendy D. Fox, senior vice president and CCO at Ariel Investments; and Jennifer Lin, CCO of Fundamental Advisors LP. This article highlights the key points raised during the presentation. See “ACA Compliance Testing Survey: Compliance Programs Holding Up and Significant Growth in ESG Interest (Part One of Two)” (Oct. 14, 2021); “SEC Regional Heads Discuss SEC Structure and Priorities” (Sep. 23, 2021); and “Manager and Investor Interest in ESG Is Growing, According to Recent Global Hedge Fund Study (Part Two of Two)” (May 20, 2021).