This essay explores the economic and social impacts of Sustainable Development Goal 7 (SDG 7), focusing on affordable and clean energy, on businesses. The essay argues that engagement with SDG 7 is crucial for economic enterprises, enabling them to achieve a competitive advantage through positive economic and social impacts. The discussion section examines the increasing global energy demands and the need to shift to renewable energy sources, highlighting the industrial sector's significant energy consumption. It further discusses how switching to renewable energy can reduce costs, increase employment opportunities, boost productivity, and enhance brand image. The conclusion reiterates the importance of renewable energy for equitable energy distribution and the competitive advantages gained through responsible energy usage. The essay includes references to support the arguments, as well as a reflective section on academic integrity and plagiarism avoidance.