The global financial landscape is evolving rapidly, with sustainability at the forefront of investor priorities. Environmental, social, and governance (ESG) and impact investing are industry terms often used interchangeably by clients and professionals alike, under the assumption that they all describe the same approach. In India, the Adani Group, a leader in energy infrastructure, has pivoted towards renewable energy projects as part of its ESG strategy. Conversely, social enterprises like SELCO India, focused on providing sustainable energy solutions to low-income communities, highlight the core principles of impact investing. Though both are committed to sustainability, their approach to investment, governance, and outcomes reveals stark differences. In the context of contemporary global finance, understanding these distinctions is critical to assessing their roles in fostering sustainable development. ESG Investment: Redefining Financial Narratives ESG investment is rooted
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