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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

Covid-19 is first sustainability crisis of 21st century, says Pimco

The Covid-19 pandemic is arguably the first sustainability crisis of the 21st century, and is likely to help accelerate action among investors on long-term sustainability risks, according to Pimco.