This approach is starting to feel old-hat. More savers want a better idea of what their money gets up to. What if their cash could be used both to generate a pension, and improve the state of the world? “Sustainable” investment funds in the broadest sense managed $35trn of assets in 2020, reckons the Global Sustainable Investment Alliance, an industry group, up from $23trn in 2016. No issuer of shares or bonds can ignore virtuous investing. Banks increasingly refuse to lend to firms with