Small business - Photo by Alena Darmel on Pexels

“If the EU is serious about sovereignty, security, and prosperity, ‘Think Small First’ must guide every political choice”, stressed Davide Galli, SMEunited President, ahead of the informal EU leaders’ retreat on competitiveness on 12 February.

EU Member States have agreed to significantly dilute the Corporate Sustainability Reporting Directive (CSRD) and the Corporate Sustainability Due Diligence Directive (CSDDD) in a pivotal move away from Europe’s corporate sustainability ambitions.

The European Water Resilience Strategy must empower SMEs to be more water-efficient. By applying the “Think First Small” principle, the strategy should acknowledge the specific challenge of the smallest companies and provide them with the necessary incentives and support tools to effectively address critical pressures on Europe’s freshwater ecosystems.

Today the European Commission has launched the long-awaited EU Water Resilience Strategy. Despite promises for a strong roadmap to bring resilience to Europe, currently experiencing a dire water crisis, the Commission’s Strategy generally lacks binding commitments, dedicated funding, and introduces only limited governance tools to support implementation.