Responsible Investing - Milford Asset

Responsible investing
for the future.

Active shareholder engagement
to drive positive change.

Responsible investing

Our responsible investing approach, like our active management philosophy, is anchored in high levels of ongoing engagement.

Our responsible investing consideration goes well beyond the industries on our exclusion lists. The company research we do to determine if we invest or not includes ESG (environmental, social and governance) considerations. Once we invest, our position as a larger shareholder with an active management style means our ongoing engagements with investment companies can drive continual improvements of responsible practices over time.

As part of our commitment to responsible investing, Milford is a signatory to the United Nations Principles for Responsible Investment and a member of the Responsible Investment Association Australasia.


Investment exclusions

Across all Milford funds we will not directly invest in companies that are directly involved in the following activities:

  • the manufacture of cluster munitions
  • the manufacture or testing of nuclear explosive devices (NEDs)
  • the manufacture of anti-personnel mines
  • the manufacture of tobacco
  • the processing of whale meat
  • recreational cannabis, and
  • the manufacture of civilian automatic and semi-automatic firearms, magazines or parts

Click here to view our current Exclusion List.

To the extent it is feasible and commercially prudent, we will avoid indirect investment in companies on the Exclusion List (i.e. through ETFs or other collective investment vehicles). These types of investments are assessed on a case-by-case basis by our portfolio managers and any potential for indirect exposure is carefully considered and factored into investment selection.


Actions we take

Integration

The inclusion of environmental, social and governance (ESG) factors in the investment decision making process.

Engagement

As a partial owner of the companies we invest in, we engage with companies regarding important ESG issues.

Proxy Voting

We are an advocate for strong corporate governance, shareholder rights, and transparency. We endeavour to exercise our proxy voting rights wherever possible and in a manner which reflects an understanding of the environmental, social and governance impact of our investee companies.

For more information on our approach to responsible investing, you can download our Responsible Investment Policy.

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