Kolkata, Dec 12 (PTI) The Confederation of Indian Industry (CII) on Friday urged companies to scale up environmental, social and governance (ESG) practices to close the gap between existing climate commitments and emission cuts required by 2035, the organisation said in a statement.

Although most global emissions now fall under updated Nationally Determined Contributions (NDCs), the collective ambition remains inadequate to limit global warming to 1.5 degrees celsius, co-chairman of CII Eastern Region ESG Subcommittee and partner – KPMG (Lead – Climate Change), Apurba Mitra, said.

She said current pledges fall well short of the mitigation needed by 2035, stressing the need for rapid innovation, deeper ESG integration and converting compliance into value-creating opportunities.

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