Energy management plays an important role in the transformation of industrial energy systems towards improved energy efficiency and increased sustainability. This paper aims to study driving forces for improved energy efficiency in some European energy-intensive foundry industries. The investigation has been conducted as a multiple case study involving 65 foundries located in Finland, France, Germany, Italy, Poland, Spain, and Sweden. The most relevant perceived driving forces were found to be financially related, followed by organizational driving forces. Nevertheless, some differences can be appreciated according to the firm's size and country. Almost half of the studied foundries lack a long-term energy strategy, about one-fourth stated that they have used Energy Performance Contracting (EPC),and only approximately one in ten foundries have used Third Party Financing (TPF). Among the studied foundries, three out of five have conducted an energy audit. On average, the energy saving potential according to the respondents is stated to be 7.5%. In conclusion, energy management in the European foundry industry, despite increasing energy prices and extensive energy policy actions taken by the EU, still seems to have great improvement potential, calling for future research and policy actions in the field.