In a very short summary, that’s what mainly emerges from the last European Sri Study 2014 issued by Eurosif.
Read this, if you don’t believe: «Assets subject to exclusion criteria grew by 91% between 2011 and 2013 and cover an estimated 41% (€6.9 trillion) of European professionally managed as sets. Exclusions cover more assets than any other SRI strategy and have the most consistent usage across Europe».
The question you should pose, in case, IMHO is another: has exclusion ever disappeared? Or even: is exclusion really, and essentially, so different from divestment?