Corporate Responsibility
Commitment to ESG
We believe that incorporating environmental, social and governance ("ESG") policies into our business and day-to-day operations benefits our employees, supports long-term stockholder performance, and makes a positive impact on the environment and society.
We prioritize appropriate ESG practices, a commitment to transparency and supportive employment practices. Our ESG working group is responsible for evolving our strategy and monitoring our corporate social responsibility and environmental sustainability initiatives.
Diversity in Our People
BOARD
DIVERSITY
71%
WOMEN BOARD MEMBERS
43%
DIVERSITY IN NAMED EXECUTIVE OFFICERS
100%
*Data As of 03/01/2024
Our Focus
Social Considerations
Environmental Considerations
Corporate Governance
Environmental Considerations
We believe in promoting a sustainable environment by using resources as efficiently and responsibly as practicable. Our commitment to these principles is reflected in our commitment to reducing paper usage and waste as well as purchasing environmentally responsible products.
Water conservation
A commitment to water efficiency and conservation through our utilization of hands-free faucets and water fill stations to limit water usage in most of or our locations.
Cleaner Air
Our LEED certified and Energy Star® labeled Headquarters is conveniently located near mass transportation, which enables our employees to access and utilize mass-transit options for their commute.
Saving energy
We use Energy Star® certified desktops, monitors, and printers; and utilizes motion sensor lighting and cooling to reduce energy usage in non-peak hours.
Reducing Waste
We use green cleaning supplies, recycle electronics, ink cartridges, and packaging; minimize single use kitchen products; provide recycling containers to employees; and use water coolers.
Human Capital
As of April 1, 2023, we have 75 employees located in offices in New York, New York, Charlotte, North Carolina and Los Angeles, California, all of whom are full-time. We do not currently employ any temporary or seasonal employees and we do not expect such hiring to become a significant part of our workforce in the future. Our employees are comprised of investment portfolio and finance professionals, asset management and servicing professionals, accountants, analysts, administrative staff and the corporate management team. We believe that our employees are our greatest asset and recognize that our achievements and growth as a business are made possible by the recruitment, hiring, training, development and retention of our dedicated employees.
We are committed to maintaining workplaces that are inclusive and free from discrimination or harassment based on age, disability, race, ethnicity, gender identification or expression, national origin, sexual orientation, religion, pregnancy, marital and familial status and other statuses protected by law. We conduct annual required trainings for our employees, including those designed to prevent harassment and discrimination and direct compliance with ethics and laws and we monitor employee conduct, compliance and progress in this regard.
We also strive to provide pay, benefits and services that help meet the varying needs of our employees. Our general total compensatory packages include market-competitive pay, performance-based annual bonus compensation paid in a combination of cash and stock, time- and performance-based longterm incentive compensation for key employees, employer-funded health insurance, paid time off, and family leave. In addition, we pride ourselves on understanding and offering our employees great flexibility to meet their personal and family needs. We have a fully flexible workplace policy which presently allows all of our employees to determine whether to work from the office or remotely as frequently as the individual employee desires. New York Mortgage Trust believes that by supporting, recognizing, developing and investing in our employees, we are able to attract and retain a highly qualified and talented workforce.
Social Considerations
Our primary social considerations and impacts relate to our investment activity and human capital management, both of which are critical to our success as an organization.
Human Capital
We aim to maintain workplaces that are inclusive and free from discrimination or harassment based on age, color, disability, ethnicity, gender identification or expression, national origin, or other statuses protected by law.
Investment Activity
As a provider of private capital to the U.S. housing market through our investments in single family loans, our business enhances liquidity in the single family real estate mortgage markets and, in turn, facilitates home ownership in the U.S.