April 6, 2025

11 thoughts on “Are ESG ratings and climate-related disclosure statements a SCAM?

  1. State law passed by the Texas legislature [2021] called on state pension plans and other entities to divest from firms and funds deemed hostile to fossil fuels. Glenn Hegar, the state’s Republican comptroller, went further in late 2022 when he named 10 firms and more than 300 funds targeted for divestment by Texas pension funds and other state endowments such as the PSF.

  2. Great example- I order a book from Amazon (Hamilton). It flies from Edmonton to Hamilton airport. I live a 20 min drive from Hamilton airport. Book then flies from Hamilton to Pearson. Then book goes by truck to Brampton sorting. Then book goes by truck to Cambridge sorting. Then book goes out on delivery van to my home. Receipt declares Carbon neutral.

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