From www.claytonutz.com: Impact investing is gaining traction as investors shift towards strategies that generate positive societal and environmental outcomes alongside financial returns, distinguishing it from ESG investing, which primarily focuses on avoiding harm.

The impact investing market now exceeds USD $1.5 trillion globally, with significant growth noted particularly in the UK and US, while Australia’s impact investment sector has surged from $30 billion in 2021 to $78 billion in 2023.

The expected growth in Australia presents opportunities for investors to align financial goals with addressing urgent global challenges, supported by initiatives like the Government’s Social Enterprise Development Initiative.