The survey respondents were asked the following question- "Do you have any funds in your investment portfolio which are labelled as being ethical or ESG?"
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Portion of investors holding ESG funds in Europe 2021 and 2023
In 2023, Germany and Italy were the leading countries in Europe for investments in Environmental, Social, and Governance (ESG) funds. The share of respondents in these two countries having ESG funds in their portfolios stood at approximately ** percent. Belgium ranked ******, with ** percent of survey respondents indicating they invested in ESG funds.
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AXA Investment Managers. (May 9, 2024). Portion of investors holding Environmental, Social, and Governance (ESG) funds in their portfolio in Europe in 2021 and 2023, by country [Graph]. In Statista. Retrieved May 08, 2026, from https://www.statista.com/statistics/1489161/esg-investments-retail-investors-portfolio/
AXA Investment Managers. "Portion of investors holding Environmental, Social, and Governance (ESG) funds in their portfolio in Europe in 2021 and 2023, by country." Chart. May 9, 2024. Statista. Accessed May 08, 2026. https://www.statista.com/statistics/1489161/esg-investments-retail-investors-portfolio/
AXA Investment Managers. (2024). Portion of investors holding Environmental, Social, and Governance (ESG) funds in their portfolio in Europe in 2021 and 2023, by country. Statista. Statista Inc.. Accessed: May 08, 2026. https://www.statista.com/statistics/1489161/esg-investments-retail-investors-portfolio/
AXA Investment Managers. "Portion of Investors Holding Environmental, Social, and Governance (Esg) Funds in Their Portfolio in Europe in 2021 and 2023, by Country." Statista, Statista Inc., 9 May 2024, https://www.statista.com/statistics/1489161/esg-investments-retail-investors-portfolio/
AXA Investment Managers, Portion of investors holding Environmental, Social, and Governance (ESG) funds in their portfolio in Europe in 2021 and 2023, by country Statista, https://www.statista.com/statistics/1489161/esg-investments-retail-investors-portfolio/ (last visited May 08, 2026)
Portion of investors holding Environmental, Social, and Governance (ESG) funds in their portfolio in Europe in 2021 and 2023, by country [Graph], AXA Investment Managers, May 9, 2024. [Online]. Available: https://www.statista.com/statistics/1489161/esg-investments-retail-investors-portfolio/
