November 2017 – The recent rise of Industrial Strategy in the European and global agenda, with discussions and policy initiatives now being developed at EU and national levels, make the importance of this agenda to businesses clear. This briefing sets out some key areas to consider from the perspective of corporate leaders and offers initial ideas on this live debate.
About
In September 2017, the European Commission released the Investing in a smart, innovative and sustainable Industry - A renewed EU Industrial Policy Strategy communication. The communication includes strategies for plastics and sustainable finance, measures to improve production of renewable biological resources, bio-based products and bio-energy, new proposals for competitive and connected low emissions mobility, trade policy initiatives and more. The recent rise of Industrial Strategy in the European and global agenda, with discussions and policy initiatives now being developed at EU and national levels, make the importance of this agenda to businesses clear.
A European industrial strategy has the potential to help businesses minimize risk during a period of rapid change. Engaging in the discussion on an industrial strategy for Europe can help:
- Ensure future employees will have the skills to help business thrive in a digital age
- Improve knowledge and technology transfer through public-private partnerships and other collaborations
- Create the conditions for developing innovative solutions
Secure your competitive edge in the global market by engaging in the discussion on an industrial strategy for Europe. We will call on companies to explore a European Industrial Strategy along with experts and policymakers as part of our Green Growth Platform activities. To join the discussion, contact clg@cisl.cam.ac.uk.
Citing this briefing
Please refer to this publication as University of Cambridge Institute for Sustainability Leadership (CISL). (2017). Briefing: Future of Europe’s Industry. Introduction to the industrial strategy debate for business, Cambridge, UK: The Prince of Wales’s Corporate Leaders Group