Japan’s ESG and sustainable investing are entering a new stage – impact investing, which seeks to generate measurable social impact alongside financial returns. Government-led initiatives and working groups involving investors, asset managers, corporations and academia are working to establish the framework of new investing schemes and increase its scale in Japan. In this episode of ESG Currents, Yuka Ogasawara, Director of the Fujimura Research Institute and co-author of the book Impact Investing, speaks with Bloomberg Intelligence ESG analyst Yasutake Homma about how it differs from conventional ESG investing, and why it matters. This episode was recorded on October 23.