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Article

The Difference Between ESG and Impact Investing: Explained

Lebec Consulting

A clear explainer on two terms that are often conflated — ESG investing and impact investing — and what each actually means for allocators and their portfolios.

Katie Orr

“ESG” and “impact investing” are often used interchangeably, but they describe different things. This explainer breaks down the distinction — how ESG functions as a risk-and-opportunity lens applied across a portfolio, while impact investing intentionally seeks measurable social or environmental outcomes alongside financial return.

Read the full article at Lebec Consulting →