Risk mitigation through engagement is an important component of Miller/Howard's multi-faceted Shareholder Advocacy program, which is based on a collaborative approach and strives to address material environmental, social, and governance issues. Our goal is to engage companies in dialogue, educate other investors and regulators, and support actions that we believe will protect shareholder value through conversations and letters, collaborative efforts, and through filing and supporting Shareholder Resolutions. Read the
Shareholder Resolutions FAQ >
Download Detailed Engagement List
Shareholder Resolutions Tracker
Company
Sector
Initiative
Outcome
Year
AES Corporation
Utilities
Lobbying & Expenditures
Withdrawn due to company commitments/actions
2020
Cheniere Energy, Inc.
Energy
Lobbying & Expenditures
Withdrawn due to company commitments/actions
2020
Exxon Mobil
Energy
Lobbying & Expenditures
Pending
2020
Exxon Mobil
Energy
2-Degree Analysis & Strategy
Blocked at the SEC; dialogue continued/planned/other
2019
Old Republic International Corp.
Financials
Sustainability Reporting
Withdrawn due to company commitments/actions
2020
Pfizer, Inc.
Healthcare
Independent Chair & CEO
Vote: 34%
2020
Pfizer, Inc.
Healthcare
Independent Chair & CEO
Vote: 27%
2019
A.O. Smith
Industrials
Sustainability Reporting
Withdrawn due to company commitments/actions
2018
AbbVie Inc
Healthcare
Pharmaceuticals
Blocked at the SEC; dialogue continued/planned/other
2017
Anadarko Petroleum Corporation
Energy
Methane
Withdrawn due to company commitments/actions
2018
Anadarko Petroleum Corporation
Energy
Carbon Asset Risk
Withdrawn due to company commitments/actions
2017
Cabot Oil & Gas Corporation
Energy
Board Diversity
Withdrawn due to company commitments/actions
2016
Cabot Oil & Gas Corporation
Energy
Sustainability Reporting
Vote: 39.6%
2012
Cincinnati Financial Corp
Financials
Sustainability Reporting
Vote: 28%
2013
Continental Resources, Inc
Energy
Board Diversity
Vote: 10.4% all shares; 56.7% with CEO-owned shares omitted
2017
Continental Resources, Inc
Energy
Board Diversity
Vote: 5.4%
2016
Devon Energy
Energy
Fracking
Withdrawn due to company commitments/actions
2018
El Paso Corp
Energy
Fracking
Withdrawn due to company commitments/actions
2011
El Paso Corp
Energy
Fracking
Withdrawn due to company commitments/actions
2010
Energen Corp
Energy
Methane
Withdrawn due to company commitments/actions
2018
Energen Corp
Energy
Methane
Vote: 28.9%
2016
Energen Corp
Energy
Methane
Vote: 29.4%
2015
Energen Corp
Energy
Methane
Vote: 26.8%
2014
Energen Corp
Energy
Fracking
Vote: 49.5%
2011
EOG Resources, Inc
Energy
GHG Targets
Blocked at the SEC
2018
EOG Resources, Inc
Energy
Methane/GHG
Withdrawn due to company commitments/actions; added data on five new quantitative metrics on emission intensity, including methane
2017
EQT Corp
Energy
Methane
Withdrawn due to company commitments/actions
2018
General Electric Co
Industrials
Environmental (Other)
Blocked at the SEC; dialogue continued/planned/other
2016
Gilead Sciences, Inc
Healthcare
Pharmaceuticals
Blocked at the SEC; dialogue continued/planned/other
2017
Gulfport Energy Corp
Energy
Board Diversity
Withdrawn due to company commitments/actions
2018
Johnson & Johnson
Healthcare
Pharmaceuticals
Blocked at the SEC; dialogue continued/planned/other
2017
Kinder Morgan, Inc
Energy
Methane
Vote: 38%
2018
Kinder Morgan, Inc
Energy
Methane
Vote: 40.6%
2017
Kinder Morgan, Inc
Energy
Methane
Vote: 33%
2016
Kinder Morgan, Inc
Energy
Methane
Vote: 22.8%
2015
Kinder Morgan, Inc
Energy
Methane
Vote: 17.7%
2014
Merck & Co, Inc
Healthcare
Pharmaceuticals
Blocked at the SEC; dialogue continued/planned/other
2017
Mueller Industries, Inc
Industrials
Board Diversity
Withdrawn due to company commitments/actions
2016
National Fuel Gas Co
Utilities
Fracking
Withdrawn due to company commitments/actions
2015
Occidental Petroleum Corporation
Energy
Methane/GHG
Vote: 45.7%
2017
Penn Virginia Corp
Energy
Fracking
Withdrawn due to company commitments/actions
2012
Pfizer Inc
Healthcare
Drug Pricing
Blocked at the SEC
2018
Pfizer Inc
Healthcare
Pharmaceuticals
Blocked at the SEC; dialogue continued/planned/other
2017
Pioneer Natural Resources Company
Energy
Fracking
Withdrawn due to company commitments/actions; added increased disclosure on drilling fluids, water use, and methane leak detection efforts
2017
PNM Resources
Energy
2 Degree Scenario
Vote: 14%
2018
PPL Corp
Utilities
Water
Withdrawn due to company commitments/actions
2011
Questar Corp
Utilities
Methane/GHG
Withdrawn due to company commitments/actions
2014
SCANA Corp
Utilities
Sustainability Reporting
Blocked at the SEC; dialogue continued/planned/other
2011
Stone Energy Corp
Energy
Fracking
Withdrawn due to company commitments/actions
2012
Triangle Capital Corp
Financials
Board Diversity
Withdrawn due to company commitments/actions
2016
Waste Connections, Inc
Industrials
Board Diversity
Withdrawn due to company commitments/actions
2016
*Year represents Annual General Meeting (AGM) date.
All securities listed were held in Miller/Howard strategies at the time of engagement. There is no assurance that the securities have remained or will remain in the portfolio. These securities are being shown for informational purposes only. This sample should not be considered a recommendation to buy, sell or hold any of the securities and is not intended to imply that any one security listed above, or the portfolio as a whole, is suitable for a particular client. It should not be assumed that any of the above securities were or will be profitable or that investment recommendations or decisions we make in the future will be profitable or will equal the investment performance of the securities discussed.