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News round-up: ESG fund assets approach $2trn, PIMCO launches ESG fund, Epworth ditches oil and gas firms, Race to Zero updates criteria

Investors urge Barclays to phase out fossil fuel financing activities

A group of 11 institutional investors has filed a shareholder resolution to Barclays, calling on the London-listed bank to phase out its financing for fossil fuel firms.

£17bn Church Investors Group to crack down on climate laggards

The UK's Church Investors Group (CIG) will take a harder line on companies failing to take action on climate change by voting against the re-election of directors, as part of its updated proxy voting policy.