Impact investing

    ESG & Governance

    Investing with the intention to generate positive, measurable social and environmental impact alongside a financial return.

    This is the GIIN's definition. Impact investors set impact goals before investing, measure results and aim to show that their money helped cause the change. The GIIN's 2024 sizing study put the global market at about $1.571 trillion. Impact investing is common in private markets, such as funds for small businesses, clean energy and affordable housing, and less common in listed equities.

    Related terms

    Additionality (impact investing)Theory of changeFive dimensions of impactIRIS+Blended finance

    Learn the concept

    From the research

    Valuation

    A Comparative Financial Analysis of Three Listed Companies

    Three IT services leaders, five years of numbers: similar growth, very different margins and returns on capital, and their October 2026 valuations.

    Markets

    IPO Issue Price vs. Listing Price vs. Subsequent Performance

    Seven of India's most talked-about IPOs since 2021, tracked from issue price to listing to October 2026. Buying on listing day lost money in six of seven.

    Valuation

    Paytm: Valuing a Company With No Clean Comparable

    Paytm is part payments processor, part device business, part loan distributor. Why no single peer fits, and how to value it in parts and in reverse.