This week's ESG news roundup covers major developments in carbon reporting, clean energy finance, and climate policy. California is limiting initial Scope 3 supply chain emissions reporting to key categories after companies raised cost and data concerns. The EU launched a plan to double electrification of the economy by 2040, aiming to cut fossil fuel reliance. Brookfield acquired battery storage firm Aypa from Blackstone at a $7 billion valuation, signaling strong investor appetite for grid-scale storage. Other highlights include Airbus and Air Canada launching a sustainable aviation fuel investment platform, MN8 acquiring Greenbacker to create one of the largest U.S. clean energy platforms, and BlackRock and Temasek's decarbonization fund leading an $87 million round in sustainability software provider Asuene. Climate transition plan disclosure jumped to 69% among CSRD-reporting companies, according to EFRAG. The roundup also covers new venture funds for India's energy transition, low-carbon cement technology, and industrial decarbonization solutions.
