I cover ethics and corporate responsibility through a 'quant' lens.
Opinions expressed by Forbes Contributors are their own.
I look at stocks from a quant perspective, but I also care about social responsible investing. Recently, there has been quite a bit of news with regards to Herbalife (NYSE:HLF), allegations of pyramid schemes and social responsible investing. I care about social responsible investing and although I don’t know much about ‘pyramid schemes’, I know a bit about unresolved local environmental problems. So I want to give you an example of a social investing problem that (according to some) isn’t being properly addressed in Ann Arbor, Michigan.
I follow social responsible investing and I care. I live in Ann Arbor, Michigan and unbeknownst to many outside and inside of Ann Arbor, Ann Arbor’s groundwater has a 1-4 Dioxane plume in it. For those politically minded, this is Michigan Governor Snyder’s hometown — he lives here. This plume is spreading, and it is the responsibility of Pall Corporation (NYSE:PLL) to clean it up. A larger map of the plume is located here.
