16 October 2025: Over 135 businesses and investors from across Europe and the value chain, including Signify, Danish Chamber of Commerce, Mirova, Ingka Group, 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. Please note that, the joint statement is still open for signatures.
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. Altum Technologies Oy
5. Aster
6. AVEVA
7. Banka BioLoo Limited
8. Battolyser Systems
9. BOSQAR INVEST (BOSQAR d.d.)
10. Bus Eireann
11. Capricorn Partners
12. CCLA Investment Management
13. Coca Cola Europacific Partners Ltd
14. cylib GmbH
15. D&D Isoltechnics
16. DPAM
17. DVOKUT-ECRO d.o.o.
18. Dynoteq Ltd.
19. Ecocem Materials Limited
20. Ecofi Investissements
21. Ecosia
22. Eco Services BV // BASF SE Antwerp
23. Electricité de France
24. Energy Dome
25. Ethos Foundation
26. Federated Hermes Limited – joined the call on 31 October 2025
27. Firma Electrochaea
28. Fortum Corporation
29. GET Fund
30. Goebel GmbH
31. Henkel AG
32. House of Lawyers B.V.
33. Iberdrola
34. ICEBUG AB – joined the call on 31 October 2025
35. IMBEO
36. Ingka Group
37. Ingrid Capacity
38. INSPRO
39. Inyova Impact Investing
40. IPCOM
41. Just Print d.o.o.o
42. Kingspan Group
43. KONČAR – Distribution and Special Transformers Inc.
44. Law Office Josip Konjevod
45. Leroy Merlin Polska
46. Lumar IG d.o.o.
47. Magaldi
48. Martello Partners
49. Matterwave Ventures
50. MI ECO CONSULTING LTD
51. Mirova
52. MITO Technology
53. NEW COMPONIT SRL
54. Nexi
55. Oikon Ltd. - Institute of Applied Ecology
56. Owens Corning
57. Planet A
58. Ragn-Sells Group
59. Rathbones Group Plc
60. Rega Energy Group, SA
61. Remake Society
62. Renaissance AIFM – joined the call on 31 October 2025
63. Resortecs
64. Riva E Mariani Group S.r.l.
65. ROBUST d.o.o.
66. ROCKWOOL
67. Schwartmanns Maschinenbau GmbH
68. SICO d.o.o.
69. Signify
70. Span, d.d.
71. SSAB
72. Sunmaxx PVT GmbH – joined the call on 31 October 2025
73. TECHNO-Gewebe Vajen GmbH
74. Thermondo
75. TOMRA
76. Triglav Investments
77. Triodos Bank
78. Unilever PLC
79. Union Foam S.p.A.
80. Vatfree.com
81. Vattenfall
82. VELUX A/S
83. Vireo Ventures
84. VITA PROJEKT d.o.o.
85. Volvo Cars
86. Walraven Group – joined the call on 31 October 2025
87. WELYA
88. Windkraft Simonsfeld AG
89. World Fund
90. Zagrebački holding d.o.o.
Business and investor networks and associations:
91. ACT-SI
92. Airborne Wind Europe
93. BCSD Portugal
94. B Lab Global
95. Bundesverband Nachhaltige Wirtschaft e.V. – joined the call on 31 October 2025
96. Business in the Community Ireland
97. CDP
98. CEOs FOR FUTURE
99. CER Sustainable Business Network
100. CirEko
101. Cleantech for Europe
102. CLG Europe
103. Climate Group
104. Climate Leadership Coalition (CLC)
105. Climate Strategy & Partners
106. Croatian Business Council for Sustainable Development
107. Czech BCSD
108. Danish Chamber of Commerce
109. Ecopreneur.eu - The European Sustainable Business Federation
110. Efficient Buildings Europe
111. EUREC - The Association of Renewable Energy Research Centres
112. Euroheat & Power
113. European Alliance to Save Energy (EU-ASE)
114. European Industrial Hemp Association
115. European Industrial Insulation Foundation
116. Eurosif, the European Sustainable Investment Forum – joined the call on 31 October 2025
117. FEAD - European Waste Management Association
118. Forética
119. Grüne Wirtschaft
120. Impact France
121. Haga Initiative
122. MVO Nederland
123. New European Reuse Alliance
124. Principles for Responsible Investment (UNPRI)
125. REScoop.eu
126. Skift
127. SolarPower Europe
128. Spanish Green Growth Group (Grupo Español para el Crecimiento Verde)
129. Sustainability Embassy in Romania
130. Sustainable Banking Coalition
131. The B team
132. The European Association for Storage of Energy (EASE)
133. UFE
134. We Mean Business coalition
135. WindEurope
136. Women on Wings
137. World Business Council for Sustainable Development
138. Změna k lepšímu (Change for the Better)
