Press Release, Luxembourg, 27 June 2022
The dashboard consists of an interactive data tool, interactive report and raw data files – together providing comprehensive and granular insights into the ESG investing landscape and sentiment among European Institutional Investors (split by Pension Funds, Insurers, Endowments & Foundations and Family Offices), Individual Investors (split by Retail, Mass Affluent and (U)HNWI) and Distributors.
The tool is based on proprietary data gathered from a total of 3,354 respondents across eight European countries: UK, Switzerland, France, Netherlands, Germany, the Nordics, Spain and Italy. Spanning over 1,000 pages and exhibits, this represents the most extensive and comprehensive study on Europe’s fast-growing traditional ESG landscape to date. The respondents include 720 European Institutional Investors, 320 Distributors, 1,994 Individual Investors and 320 Asset Managers.
Supplanted with an interactive report titled: The ESG Opportunity in Europe, the tool enables users to identify country—and investor-specific— trends and developments, and allows Asset Managers, Owners and Distributors to benchmark themselves against their respective industry peers.
Institutional Investors (Pension Funds, Insurers, Endowments & Foundations and Family Offices)
Distributors (Private Banks, Retail Banks and IFAs)
Individual investors (Retail, Mass Affluent and (Ultra) High Net Worth Individuals)
Dariush Yazdani, Global Asset and Wealth Management Research Centre Leader, PwC Luxembourg comments: "As regulators and society increasingly urge investors to incorporate sustainability considerations within their investment policies and operations, managers will see a continued surge in demand for ESG products in the coming years. Managers looking to seize the ESG opportunity should strive to holistically and consistently incorporate ESG across the board, viewing their entire operations through an ESG lens and adopt an all-encompassing approach to ESG, one that ranges from implementing sustainability into their product offering, all the way to assessing the sustainability metrics of their entire business structure."
Olivier Carré, Financial Services Market Leader, PwC Luxembourg comments: "This report highlights an historic asset and sentiment shift within Europe’s Investor bases, one which has seen ESG evolve from a ‘nice to have’ for the most sustainability conscious investors to an all-encompassing paradigm shift across Europe’s traditional investment landscape. Regulatory developments are a primary driver behind this growth and have led to the foundation for ESG standards to become increasingly extra-territorial. We are already seeing likely international regulation following the EU’s example in this regard, particularly in light of mounting global political commitments towards tackling ESG and sustainability issues. As regional regulations become increasingly stringent and as efforts towards the development of global ESG standards intensify, Managers – especially those willing to compete at a global level – will be pushed towards an all-encompassing alignment of their products and operations with ESG."
Notes to editors
The ESG Opportunity in Europe report is available as a hard copy or digitally. Journalists will be able to see a one time only free of charge digital version upon request. All of the graphs within the report can be reproduced for use upon request.
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Communications Senior Manager, PwC Luxembourg
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