ESG Today: Week in Review

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

Amundi, BNPP AM, Geode, NTAM and State Street Awarded $3 Billion Climate Transition Infrastructure Investment Mandate by Taiwan Pension Funds

Private Equity & Venture Capital

How GPs are Quantifying ESG-Driven ROI

BlackRock, Temasek’s Decarbonization Partners Leads $87 Million Round in Sustainability Solutions Provider Asuene

Brookfield Acquires Battery Storage Giant Aypa from BlackStone

Eurodia Raises $20 Million to Scale Up Industrial Decarbonization Solutions

Transition VC Launches $150 Million Venture Fund to Invest Across India Energy Transition Value Chain

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