The number of fund managers committed to net zero by 2050 has doubled to 81% over the past year but only two in ten (22%) have concrete carbon reduction plans, according to a new report.

The Financial Conduct Authority (FCA) is to establish a new advisory committee to work on ESG issues.

Over half (59%) of investors under the age of 35 who use a wealth manager would invest more if their money was weighted to responsible investing, according to a new report.

Only 12% of advised clients want ESG factors to be a major influence on how their portfolio is managed, according to a new report.