PwC Luxembourg has launched a new interactive ESG dashboard dedicated to supporting European asset managers to expand their ESG operations and gain an accurate view of investor demand and market developments.
According to PwC, 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, which are split by pension funds, insurers, endowments and foundations and family offices, in addition to individual investors.
The tool, it was announced, 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.
Supplanted with an interactive report – 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.
PwC’s research reveals that 66% of European institutional investors plan to stop investing in non-ESG funds – two-thirds of which plan to do so by end-2023. Further, 71.9% are willing to pay a premium for ESG products.
Data also shows that 72% of European asset managers are willing to halt all non-ESG product launches – most of which by 2024.
PwC said 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.
No comments yet