Table 2.

Descriptive statistics

Cluster Variable% on N = 800MeanSDMin.Max.
Dependent variables – ownership of financial productsSustainable investments29.38
Equity stocks73.25
Funds94.63
Corporate bonds77.88
Government bonds52.62
Control variables – socio – demographic characteristics)Age55.4413.512186
Gender female26.13
Resp 177.1201
Resp 23.901.2615
Area North-West48.25
Area North-East28.88
Area South8.25
Area Centre14.62
Education8.121.26310
Cluster 1 – ESG profileSustainability engagement21.00
PE2.720.7714
Trust0.0250.82−11
Cluster 2 – Financial motivationsSaving36.13
No cash39.50
Diversification36.75
Life goals32.12
Accumulate wealth17.5
Preserve capital52.88
Legacy28.75
Profits47.75
LT horizon59.38
Cluster 3 – AlternativenessCrypto investm.13.25
DA investm.7.88
CF investm.12.00
Cluster 4 – The role of financial advisorsAdvisor years4.031.0415
Advisor frequency3.601.0816
Advisor reliance3.321.1315
Info SI56.13
Info climate change17.25

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