Close Brothers Asset Management (CBAM) has launched two new sustainable funds which aim to generate consistent long-term returns by screening out unethical practices while focusing on investment opportunities with positive ESG and sustainability records.

Cheshire-based Equilibrium Financial Planning - which manages £1bn for clients - has committed to invest client money only in fund groups that meet ESG criteria.

PIMFA has launched The ESG Academy, an online training platform for Financial Planners who want to learn more about ESG investing.

UK savers put £1.6bn into retail funds in July, according to the latest figures from the Investment Association.