Some Socially Conscious Investors Are Avoiding Uber and Lyft

April 3, 2019
After a lukewarm public market debut for Lyft ($LYFT), Uber is next in the pipeline. But some firms, like Azzad Asset Management, are wary of the environmental impact the growth of these companies could have. Joshua Brockwell, Director at Azzad Asset Management, says that while his firm offers a stake in oil-producing Chevron, it's steering clear of investing in Uber and Lyft.