The objective of our paper is to look at the new challenges for Environmental Social and Governance (ESG) issues. Indeed, asset management development will depend on the consideration of ESG factors by the different stakeholders. Professionals, researchers and decision makers are concerned with this subject. We provide a review of literature about the CSR and its financial implications including Socially Responsible Investment (SRI) and asset management. We discuss some important issues about the French regulatory framework, and especially Article 224 of Grenelle 2 Law. Lastly, we provide some prospects for asset managers, investors and researchers.