About the Barometer

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The European Sustainable Industry Barometer has been developed by CSR Europe in collaboration with V.E., part of Moody's ESG Solutions, in the framework of the European Pact for Sustainable Industry.

The Barometer contextualises the United Nations and the European Union's annual reports on SDG progress.
 
 
 
 

Key Takeaways

 
 

#1 The foundations for progress are set – but a transformation is likely needed

Industry Federations have set foundations for progress on Europe’s sustainability goals. However, a transformation towards being more “hands on” and “impact orientated” is needed if we are to achieve the objectives of the European Green Deal and SDGs.

 
 
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#2 Climate Action is happening – but in a fragmented manner

Companies are increasingly exposed to climate controversies but the fragmentation between leaders and laggards across European sectors appears large and concerning. Industry federations are well positioned to bring stakeholders together to drive purpose and sector level improvements.

 
 
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#3 Six years after their launch, a strategic approach on the SDGs remains hard to determine

V.E’s data on the Sustainable Development Goals indicates that progress remains uneven and is not moving fast enough to meet the ambitious goals set by the UN for 2030

 
 
 

What Comes Next?

 

Policy Recommendations to eu leaders from CSR Europe

 
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#1 Enhance the maturity and integration of sustainability in European industry federations and associations.

CSR Europe calls upon the European Commission to support and anchor the European Pact for Sustainable Industry  in the fabric of the European Green Deal and President von der Leyen’s “Whole Government Approach on SDGs”.

 
 
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#2 Engage corporate 

sustainability 

leaders and industry federations in the EU Corporate Covenant on Climate Change & Energy

Through their supply chains and across their sectors, they can help many more enterprises, in particular SMEs, to benefit from the offerings of the EU Corporate Covenant and to join the efforts of mayors and cities in order to forge stronger public-private partnerships at local level

 
 
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#3 Support European Sector Alliances on Due Diligence

CSR Europe recommends that the EU couples the forthcoming European Directive on due diligence with ambitious measures to support the work of producers, engagements with governments in the global south and collaborations with all market stakeholders to address fundamental problems and develop the solutions for more sustainable local eco-systems.

 

Recommendations to Industry Federations from csr europe

 

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