Do hedge funds and ESG make a good couple?

Bloomberg is reporting on how at least some hedge funds are attempting to account for environmental, social & governance (ESG) risks. This asset class has been a particularly tricky one to incorporate ESG factors, and other reports suggest that while institutional investors are clearly asking or pressing their hedge fund managers to address ESG issues, it seems that the hedge fund managers themselves are still trying to sort out just how ESG integration, for instance, can be used by a hedge fund. The article also reveals how terminology around ESG continues to be an issue.