This week in ESG news: California signs landmark climate reporting rules into law; PwC survey finds most boards don’t have strong understanding of ESG risks affecting their companies; Biden announces $7 billion investment to build national green hydrogen network; EU adopts laws to double renewable energy, decarbonize aviation; “gold standard” framework for corporate climate plan disclosure released; MSCI enters the carbon markets; Costco to reduce plastic after shareholder engagement; EU lawmakers move to water down sustainability reporting requirements, 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

Google Rolls Out AI-Based Solution to Tackle Road Traffic Emissions

Less Than 1 in 3 Boards Have a Strong Understanding of ESG Risks Affecting Their Companies: PwC Survey

Honeywell, GranBio Partner on Carbon Neutral Sustainable Aviation Fuel

DHL, Neste & ISCC Pilot System to Track Aviation Emissions Reductions Using SAF

Costco Commits to Plastic Reduction Plan Following Shareholder Engagement

Dollar Tree to Deploy Community Solar Projects to Power Stores

easyJet, Airbus Sign Deal to Offset Flight Emissions with DAC Carbon Capture Technology

LyondellBasell Nears 2030 Renewables Goal with Lightsource bp Solar Deal

Government & Regulators

Biden Announces $7 Billion Investment to Build National Network of Clean Hydrogen Hubs

EU Adopts Laws to Double Renewable Energy Share, Decarbonize Aviation

ESG Reporting & Disclosure

EU Lawmakers Move to Water Down Sustainability Reporting Rules

TPT Launches “Gold Standard” Framework for Climate Transition Plan Disclosure

California Governor Signs Climate Disclosure Bills, but Pushes Back on Timeline and Cost

ESG Services and Tools

MSCI Acquires Carbon Markets Advisory Trove Research

Apex Group Launches Expanded ESG & Sustainability Services

ESG Investing

Franklin Templeton Launches Fund Targeting Companies with Improving ESG Profiles

Private Equity & Venture Capital

Green Home Energy Startup myenergi Raises $37 Million

Ara Partners Acquires Energy Transition Materials Producer VAC

Exec Moves

WTW Appoints Peter Carter as Head of Climate Practice