Business and investors call on the EU to deliver an effective Clean Industrial Deal

5 December 2025 - Over 140 businesses and investors from across Europe and the value chain, including Signify, Danish Chamber of Commerce, Mirova, Ingka Group, EDF, CCLA Investment Management, ACCIONA, ROCKWOOL, Vattenfall, VELUX, Volvo Cars, are calling EU policymakers to secure its future competitiveness and technological leadership through a clear and effective roadmap for the Clean Industrial Deal.

Read the letter in full

In an open letter coordinated by CLG Europe, businesses, investors and business and investor networks and SMEs from across 18 European countries and beyond are urging EU heads of state and the European Commission to deliver an effective Clean Industrial Deal, and calling to align its climate ambition with industrial renewal, innovation, and strategic investment, as well as answer the calls for competitiveness in the Draghi Report.

Europe’s clean industrial transformation is key to its global competitiveness and resilience. As clean technologies advance and costs fall, Europe must accelerate investment and action to lead in climate innovation and energy efficiency. Success depends on clear political direction, stable regulation, and strategic support for industrial reinvestment. The Clean Industrial Deal offers a chance to secure Europe’s frontrunner position, if backed by targeted reforms, lead markets, and strong supply chain partnerships.

The letter signals the diversity of European business and investors support for preserving a clear, predictable and credible long-term regulatory direction, while only simplifying where necessary, with companies from sectors including, manufacturing, heavy industry, finance, energy, “seeing the green and digital transitions as a vital opportunity to boost Europe’s competitiveness.” As the letter states “Europe’s predictable climate and energy framework is one of its greatest competitive assets. The CID should therefore prioritise targeted reforms that make transformation easier and clean investment more attractive – with a practical, forward-looking set of immediate priorities.”

The letter outlines a business roadmap for resilience and competitiveness, urging action in eight priority areas:

  • A 90% climate target by 2040 to signal long-term ambition
  • Affordable clean energy and electrification to cut costs and boost independence
  • Lead markets and public procurement for low-carbon products
  • Accelerated cleantech deployment and strategic investment
  • Mobilising investments to crowd in private capital and bridge the investment gap
  • Circular economy as a strategic asset
  • Speeding up the twin digital and green transition enhance productivity
  • Cohesion and fairness to ensure the transition benefits all Europeans

The letter has been presented to Members of the European Parliament during a breakfast briefing focused on the drivers of business investment in decarbonisation, its benefits for competitiveness, and the role of policy in enabling these investments. 

CLG Director Ursula Woodburn said: “There is enormous support from businesses and investors across Europe for an effective Clean Industrial Deal, as this statement shows. Globally there is a technological revolution and many businesses have invested in clean technologies in Europe. To ensure they reap the benefits of their investments, now is the time to turn intention into action to strengthen Europe's industrial edge. This means credible, long term policies such as a robust 2040 target, alongside practical, forward looking measures as we have outlined in our roadmap.”

Lars Petersson, CEO, Velux: “As European businesses, we need to strengthen our competitiveness, drive the green transition, and foster collaboration across sectors. The Clean Industrial Deal can accelerate the building sector’s efforts in creating affordable, healthy, and green living spaces for people. Therefore, Europe must stay the course and establish a robust, ambitious framework that supports long-term planning and investment.”

Carine de Boissezon, Chief Impact Officer, EDF: “Marking the 10-year anniversary of the Paris Agreement is a crucial moment to reflect on integrating climate action deeply into our economic systems. Being ambitious on the 2040 target is important as a long-term vision but now we need bold interim drivers to accelerate electrification, building renovations, low-carbon transport, and prioritize low-carbon energy in public procurement, alongside investing in workforce training. Among the key political objectives ahead, the electrification action plan and the Industrial Accelerator Act are essential to turn this vision in reality.”

Hans Stegeman, Chief Economist, Triodos Bank: “The Clean Industrial Deal is about more than industry. It’s about building a European economy that is resilient, fair and sustainable, one that creates real value for people and the planet.”

Alice Steenland, Chief Strategy, Sustainability and Marketing Officer, Signify: “Europe cannot afford to miss this moment. With the Clean Industrial Deal, we can build a climate-resilient, competitive economy powered by clean energy, efficiency, and circularity. As the world leader in lighting, we know the potential is enormous: one-third of the EU’s 2030 emission reduction target could be met by switching all light points to connected LEDs. By scaling proven solutions, Europe can cut emissions 90% by 2040 and show the world that fast climate action drives jobs, growth, and competitiveness.”

Signatory businesses and investors:

  1. A1 Croatia
  2. ACCIONA
  3. Adapteo Group
  4. AltamarCAM Partners – joined the call on 5 December 2025
  5. Altum Technologies Oy
  6. Aster
  7. AVEVA
  8. Banka BioLoo Limited
  9. Battolyser Systems
  10. BOSQAR INVEST (BOSQAR d.d.)
  11. Bus Eireann
  12. Capricorn Partners
  13. CCLA Investment Management
  14. Coca Cola Europacific Partners Ltd
  15. cylib GmbH
  16. D&D Isoltechnics
  17. DPAM
  18. DVOKUT-ECRO d.o.o.
  19. Dynoteq Ltd.
  20. Ecocem Materials Limited
  21. Ecofi Investissements
  22. Ecosia
  23. Eco Services BV // BASF SE Antwerp
  24. Electricité de France
  25. Energy Dome
  26. Ethos Foundation
  27. Ethos Engagement Pool International – joined the call in January 2026
  28. Ethos Engagement Services Clients – joined the call in January 2026
  29. FAERCH – joined the call on 5 December 2025
  30. Federated Hermes Limited – joined the call on 31 October 2025
  31. Firma Electrochaea
  32. Fortum Corporation
  33. GET Fund
  34. Goebel GmbH
  35. Henkel AG
  36. House of Lawyers B.V.
  37. Iberdrola
  38. ICEBUG AB – joined the call on 31 October 2025
  39. IMBEO
  40. Ingka Group
  41. Ingrid Capacity
  42. INSPRO
  43. Inyova Impact Investing
  44. IPCOM
  45. Just Print d.o.o.o
  46. Kingspan Group
  47. KONČAR – Distribution and Special Transformers Inc.
  48. Law Office Josip Konjevod
  49. Leroy Merlin Polska
  50. Lumar IG d.o.o.
  51. Magaldi
  52. Martello Partners
  53. Matterwave Ventures
  54. MI ECO CONSULTING LTD
  55. Mirova
  56. MITO Technology
  57. NEW COMPONIT SRL
  58. Nexi
  59. Oikon Ltd. - Institute of Applied Ecology
  60. Owens Corning
  61. Planet A
  62. Ragn-Sells Group
  63. Rathbones Group Plc
  64. Rega Energy Group, SA
  65. Remake Society
  66. Renaissance AIFM – joined the call on 31 October 2025
  67. Resortecs
  68. Riva E Mariani Group S.r.l.
  69. ROBUST d.o.o.
  70. ROCKWOOL
  71. Schwartmanns Maschinenbau GmbH
  72. SICO d.o.o.
  73. Signify
  74. Span, d.d.
  75. SSAB
  76. Sunmaxx PVT GmbH – joined the call on 31 October 2025
  77. TECHNO-Gewebe Vajen GmbH
  78. Thermondo
  79. TOMRA
  80. Triglav Investments
  81. Triodos Bank
  82. Unilever PLC
  83. Union Foam S.p.A.
  84. Vatfree.com
  85. Vattenfall
  86. VELUX A/S
  87. Vidia Equity – joined the call on 5 December 2025
  88. Vireo Ventures
  89. VITA PROJEKT d.o.o.
  90. Volvo Cars
  91. Walraven Group – joined the call on 31 October 2025
  92. WELYA
  93. Windkraft Simonsfeld AG
  94. World Fund
  95. Zagrebački holding d.o.o.

 

Business and investor networks and associations:

  1. ACT-SI
  2. Airborne Wind Europe
  3. Association Of Certified Commercial Diplomats – joined the call on 5 December 2025
  4. BCSD Portugal
  5. B Lab Global
  6. Bundesverband Nachhaltige Wirtschaft e.V. – joined the call on 31 October 2025
  7. Business in the Community Ireland
  8. CDP
  9. CEOs FOR FUTURE
  10. CER Sustainable Business Network
  11. CirEko
  12. Cleantech for Europe
  13. CLG Europe
  14. Climate Group
  15. Climate Leadership Coalition (CLC)
  16. Climate Strategy & Partners
  17. Croatian Business Council for Sustainable Development
  18. Czech BCSD
  19. Danish Chamber of Commerce
  20. Ecopreneur.eu - The European Sustainable Business Federation
  21. Efficient Buildings Europe
  22. EUREC - The Association of Renewable Energy Research Centres
  23. Euroheat & Power
  24. European Alliance to Save Energy (EU-ASE)
  25. European Industrial Hemp Association
  26. European Industrial Insulation Foundation
  27. Eurosif, the European Sustainable Investment Forum – joined the call on 31 October 2025
  28. FEAD - European Waste Management Association
  29. Forética
  30. Grüne Wirtschaft
  31. Impact France
  32. Haga Initiative
  33. MVO Nederland
  34. New European Reuse Alliance
  35. Principles for Responsible Investment (UNPRI)
  36. REScoop.eu
  37. Skift
  38. SolarPower Europe
  39. Spanish Green Growth Group (Grupo Español para el Crecimiento Verde)
  40. Sustainability Embassy in Romania
  41. Sustainable Banking Coalition
  42. The B team
  43. The European Association for Storage of Energy (EASE)
  44. UFE
  45. We Mean Business coalition
  46. WindEurope
  47. Women on Wings
  48. World Business Council for Sustainable Development
  49. Změna k lepšímu (Change for the Better)