MAJOR asset managers must do more to safeguard the world's ecosystems and tackle the climate crisis, campaigners have warned.

A report from Shareaction, which campaigns for responsible investment, assessed 77 of the largest asset managers in the world, including UK firms like Legal & General, HSBC, Aviva, Fidelity and Schroders.

It said only 10 asset managers - all in Europe - had committed to restrict investment in the most harmful fossil fuels across all their funds.

PA

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