This week in ESG news: California to limit initial supply chain emissions reporting requirements to key categories after companies raise cost, data concerns; EcoVadis opens up supply chain sustainability networking platform to all suppliers; BlackRock, Temasek JV leads funding round for sustainability software provider Asuene; CSRD reporting companies increasingly disclosing climate transition plans; Airbus, Air Canada launch sustainable aviation fuel investment platform; BlackRock launches new offering to help investors build impact portfolios; EU launches electrification plan to slash fossil fuel reliance; MN8 acquires Greenbacker to become one of largest clean energy platforms in U.S., and more.
See below for the highlights of the past week, and get all your ESG news at ESG Today:
Sustainability Goals, Initiatives and Achievements
Rio Tinto Signs Deal to Replace Coal in Refineries with “Bio Pellets”
MN8 Acquires Greenbacker to Create One of the Largest Clean Energy Platforms in the U.S.
Iberdrola Acquires Finland’s Largest Electricity Distribution Company at €5 Billion Valuation
From Carbon to Constraints: Why Sustainability Is Becoming a Growth Strategy
Airbus, Air Canada Launch Sustainable Aviation Fuel Investment Platform
Constellation Invests in Small Modular Reactor Startup Blue Energy
Telefonica Sets Goal to Cut Value Chain Emissions by More than Half by 2030
Government & Regulators
19-State Coalition Joins Suit Against U.S. Department of Defense, Hegseth for Blocking Wind Projects
EU Launches Plan to Double Electrification of Economy, Cut Fossil Fuel Reliance
Australia to Crack Down on Modern Slavery in Company Supply Chains
Sustainability Reporting
California to Limit Initial Scope 3 Reporting to Key Categories After Cost, Data Concerns
Climate Transition Plan Disclosure Jumps to 69% of CSRD Companies: EFRAG
ESG Services and Tools
EcoVadis Opens its Sustainable Supply Chain Networking Platform to all Suppliers
Asuene Acquires Supply Chain Carbon Management Platform Secaro
Sustainable Finance
Citi Impact Fund Commits $25 Million to Housing Access and Affordability Solutions
Sustainable Investing
BlackRock Launches New Offering to Help Institutional Investors Build, Manage Impact Portfolios
Private Equity & Venture Capital
How GPs are Quantifying ESG-Driven ROI
Brookfield Acquires Battery Storage Giant Aypa from BlackStone
Eurodia Raises $20 Million to Scale Up Industrial Decarbonization Solutions
Pictet Raises Over $250 Million for Environmental Solutions Fund
Hyperion Robotics Raises $7.4 Million to Enable Faster, Lower Carbon Infrastructure Production
Mirova Invests €150 Million in Clean Energy Developer Yanara
NeoCem Raises $19 Million to Scale Low Carbon Cement Technology
