Esg and Impact Investing

This report Driven by rising climate risk (e.g., the 2015 Paris Agreement) and social inequalities, sustainable investing has surged—over 35% of global assets are now in sustainable strategies DNB+6ResearchGate+6Academia+6. This editorial distinguishes ESG investing, which integrates environmental, social, and governance criteria—often via exclusion—from impact investing, which adopts active, targeted strategies with measurable, intentional outcomes . The authors caution that confusing ESG with impact can mislead investors and harm trust, urging clearer definitions and transparency to ensure that capital genuinely fosters positive environmental and social impact