Industry coalitions are groups formed by companies within the same sector to collaborate on common goals. These coalitions often focus on issues like sustainability, regulatory compliance, or innovation. By working together, members can share resources, knowledge, and best practices, which can lead to improved efficiency and competitiveness. These coalitions can also advocate for industry interests to policymakers and the public. For example, a coalition might address environmental concerns related to coal mining or renewable energy. By presenting a united front, they can influence legislation and promote standards that benefit the entire industry.