Gender, sustainability, and investment decisions: evidence from The Netherlands

Abstract

In this paper we make use of data of the DNB Household Survey administered by Centerdata (Tilburg University, The Netherlands). This study examines gender differences in investment decisions, focusing on sustainable investments and green savings. Using t-tests, we identified significant gender disparities in financial behaviours and portfolio composition. Regression models show that women allocate a higher proportion of their portfolios to sustainable investments, while no significant gender differences emerge for green savings. These findings offer valuable insights into gendered financial behaviour and highlight the need for tailored strategies to promote sustainable investing across diverse demographic groups.