Position paper Securing competitiveness: Why companies should continue to invest in sustainability

The political debate on sustainability is in a state of flux. Lengthy deregulation processes and changing economic policy signals are unsettling many companies. However, despite debates about easing the burden, the climate policy framework remains in place: Germany is legally obliged to become climate-neutral by 2045 (the EU by 2050). Without climate-neutral corporate processes, net zero cannot be achieved, which is why companies are still legally required to reduce emissions and align their business models.

In addition to regulation, sustainability remains a key factor for competitiveness, innovation and future viability. Investors, customers and employees continue to expect credible strategies.

With this paper, the association would like to show its members why sustainability and ESG remain strategically relevant - and encourage them to continue their activities consistently in order to remain competitive in the long term.

In a nutshell: The Association of the Diagnostics Industry (VDGH)

As a trade association, the German Diagnostics Industry Association (VDGH) represents the interests of more than 100 companies operating in Germany with a total turnover of 6.8 billion euros in 2022. They manufacture examination systems and reagents for the diagnosis of human diseases, which generate a turnover of more than 3.5 billion euros, as well as instruments, reagents, test systems and consumables for research in the life sciences, which generate a turnover of 3.3 billion euros.

www.vdgh.de