CII: Accelerate ESG Adoption to Meet 2035 Climate Targets

• CII urges companies to accelerate ESG adoption to meet 2035 climate goals and bridge the gap in emission cuts.
• Current global emission pledges (NDCs) are insufficient to limit global warming to 1.5 degrees Celsius, necessitating deeper ESG integration and innovation.
• Two whitepapers were released: "Comparative Analysis of Indian and Global ESG Rating Mechanisms" and "ESG Compliance Framework: Regulatory, Stakeholder & Market Evolution in India."
• Industry leaders emphasized treating ESG as a core organizational asset and integrating sustainability into daily practices like product redesign and responsible consumption.
• Urgent, industry-wide ESG adoption is crucial for India to align with global climate trajectories and maintain competitiveness in a sustainability-driven economy.

Why It Matters: Companies must adopt ESG practices to meet climate goals and stay competitive.