ESG opinion in Germany, Italy, Spain 2023

German investors were overall more cautious towards ESG investing than those from Spain or Italy, according to a survey held in 2023. Survey respondents from Germany largely disagreed more on most of the proposed statements, especially when it came to potential portfolio returns or ESG being a primary factor in choosing a financial service provider. The source does not explain why these differences exist, although it does point towards a general worldwide lack of information on what ESG does and how it could potentially reach portfolio returns.

Share of respondents in Germany, France, and Italy that agreed with selected ESG investment statements in 2023

Characteristic	Germany	Spain	Italy
-	-	-	-
-	-	-	-
-	-	-	-
-	-	-	-
-	-	-	-

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Release date

November 2023

More information

Region

Germany, Italy, Spain

Survey time period

June and July 2023

Number of respondents

1,759 respondents

Age group

18 years and older

Special properties

Private banking clients, personal banking clients, wealth management, business banking clients

Method of interview

Questionnaire

Supplementary notes

The source adds that roughly 55 percent of its respondents came from Germany, with 18 percent and 16 percent, respectively, from Spain and Italy. It does not add further information on respondents from other countries.

The source does not clarify whether multiple answers were possible.

The source only provided responses to the following three answers:

Strongly agree;
Strongly or slightly agree;
Strongly disagree

As the source does not mention whether respondents could choose whether to not reply or indicate they had no opinion, answers that said "disagree" have been left out. For this statistic, only the second answer "Strongly or slightly agree" has been selected.

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