Japan emissions-monitoring startup Asuene backed by SMBC, Murata

Sumitomo Mitsui Banking Corp. and Murata Manufacturing are among 17 Japanese companies investing 4.2 billion yen ($26.7 million) in a startup that helps businesses visualize and cut carbon dioxide emissions down their supply chains, amid growing investor pressure for greater transparency. Asuene, established in 2019, uses artificial intelligence to calculate customers’ Scope 3 emissions —