SOCIALLY RESPONSIBLE INVESTING

Socially Responsible Investing (SRI) is a commonly used phrase that describes the integration of environmental, social, and corporate governance (ESG) criteria with financial standards when making investment decisions. Miller/Howard Investments Inc. believes, as do many others, that this integrated approach provides a framework for achieving better long-term investment returns while building sustainable global economies and markets.

Since the founding of our firm, we have engaged in rigorous analysis of companies using ESG criteria, establishing individual company profiles of corporate citizenship that can be compared to others.

Our social research involves a comprehensive process that utilizes exclusion and inclusion screens, case-by-case analysis, established principles of environmental stewardship, fair employee policies, and ethical, transparent governance. A company must pass our social evaluation and/or be considered best-in-class by our team in order to be eligible for investment in our SRI portfolios. We view this extra layer of due diligence as an essential risk-control measure. We also participate in shareholder activism, carefully vote proxies, regularly publish a shareholder advocacy newsletter, and support organizations or managers leading shareholder resolutions whenever pertinent to our portfolio holdings and policies. (See our Proxy Policy, which explains how a client can obtain the voting history.)