Annaly Capital Management, Inc. Selected for Second Consecutive Year in Bloomberg Gender-Equality Index, Recognizing Commitme...
January 16 2019 - 3:58PM
Business Wire
- In 2018, Annaly continued to
demonstrate its commitment to gender diversity as women represented
over 40% of new hires and were also added to both the Board of
Directors and the Operating Committee
- Annaly’s performance in the
Bloomberg Gender-Equality Index’s Policies and Community Engagement
categories increased year over year
Annaly Capital Management, Inc. (NYSE:NLY) (“Annaly”, or the
“Company”) today announced that it has been recognized for the
second consecutive year in Bloomberg’s Gender-Equality Index
(“GEI”), which acknowledges companies that have demonstrated a
strong commitment to advancing women in the workplace and to
transparency in gender reporting. The sector-neutral index measures
gender equality across internal company statistics, employee
policies, external community support and engagement and gender
conscious product offerings. Annaly’s overall performance improved
year over year, reflecting improvement in both the Policies and
Community Engagement categories.
“Annaly is honored to again be recognized in the Bloomberg
Gender-Equality Index for our commitment to balanced representation
across our Firm,” said Kevin Keyes, Chairman, Chief Executive
Officer and President of Annaly. “Diversity and inclusion continue
to be core values at Annaly, reflected in our culture, policies and
practices, and we know that all dimensions of diversity enhance our
overall performance, creating incremental value for our
shareholders. This recognition by Bloomberg is further
acknowledgement of the broad efforts that Annaly continues to make
across our Environmental, Social and Governance practices.”
Annaly has a long standing commitment to employee diversity,
including gender diversity, as a business imperative. As a
reflection of Annaly’s continued efforts to promote gender
equality, 42% of the Company’s hires in 2018 were women.
Furthermore, Annaly strives to achieve gender diversity across all
levels of the Company as demonstrated by the proportion of female
promotions. Since 2015, 40% of managing director promotions, 50% of
additions to Annaly’s Operating Committee and 100% of additions to
the Board of Directors have been women.
“We applaud Annaly and the other 229 firms tracked by the index
for their action to measure gender equality through the Bloomberg
GEI framework,” said Peter T. Grauer, Chairman of Bloomberg and
Founding Chairman of the U.S. 30% Club. Annaly’s GEI inclusion is a
strong indicator to its employees, investors and industry peers
alike that it is leading by example to advance ongoing efforts for
a truly inclusive workplace.”
Bloomberg’s standardized reporting framework offers public
companies the opportunity to disclose information on how they
promote gender equality across four separate areas – company
statistics, policies, community engagement and products and
services. Reporting companies that score above a
globally-established threshold, based on the extent of disclosures
and the achievement of best-in-class statistics and policies, are
included in the GEI. Demand for products and services using ESG
data has seen a significant increase over the last years, as a
growing number of investors are looking to incorporate
environmental, social and governance data into their investment
decisions. Still, currently only 10% of eligible companies are
disclosing their workplace gender policies and practices.
About Annaly
Annaly is a leading diversified capital manager that invests in
and finances residential and commercial assets. Annaly’s principal
business objective is to generate net income for distribution to
its stockholders and to preserve capital through prudent selection
of investments and continuous management of its portfolio. Annaly
has elected to be taxed as a real estate investment trust, or REIT,
for federal income tax purposes. Annaly is externally managed by
Annaly Management Company LLC. Additional information on the
company can be found at www.annaly.com.
About Bloomberg
Bloomberg, the global business and financial information and
news leader, gives influential decision makers a critical edge by
connecting them to a dynamic network of information, people and
ideas. The company’s strength – delivering data, news and analytics
through innovative technology, quickly and accurately – is at the
core of the Bloomberg Terminal. Bloomberg’s enterprise solutions
build on the company’s core strength: leveraging technology to
allow customers to access, integrate, distribute and manage data
and information across organizations more efficiently and
effectively. For more information, visit www.bloomberg.com or
request a demo.
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