Andrew Ross Sorkin reports on BoA Merrill Lynch Global Research’s recent report “ESG Part II: A Deeper Dive,” which finds that stocks that ranked within the top third by BOA’s ESG scoring relative to their peers would have outperformed stocks in the bottom third by about 18 percentage points from 2005 to today. However, they also found that if you are looking for stocks that outperform their peers, simply looking at ESG issues isn’t a panacea.