"...it is the basic principle upon which all capitalism and wealth creation is built. We're not trying o build a dam and a waterfall to change this river, we're trying to flow with it."

 
  -Lowell Miller
 
 
 
Socially Responsible Investing
Socially Responsible Investing (SRI) is a commonly-used phrase which involves 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.

In our experience over the last sixteen years, we have found that all companies, through their business activities, can be analyzed with ESG criteria, resulting in a profile that can be compared to others with regard to their corporate citizenship. The three pillars of SRI are widely known as screening, community investing and shareholder activism. With this in mind, our social research involves a comprehensive process that uses exclusion and inclusion screens, case-by-case analysis, and assertion of basic principles of fairness and environmental stewardship. A company must pass our social evaluation and/or be considered best-in-class by our team in order to be eligible for investment. We view this extra layer of due diligence as a risk control measure. We also participate in shareholder activism through the proxy voting process, regularly publish a shareholder advocacy newsletter, and support organizations or managers leading shareholder resolutions whenever pertinent to our portfolio holdings and policies.

Our clients include major religious organizations, endowments, foundations, unions, public funds and individuals.