Armour Residential REIT, Inc Publishes Inaugural Environmental, Social & Governance Report
ARMOUR Residential REIT, Inc. (NYSE: ARR and ARR-PRC) (“ARMOUR” or
the “Company”) announced today that it has published its inaugural
Environmental, Social & Governance (“ESG”) report. The ESG
report outlines the Company’s and its external manager’s, ARMOUR
Capital Management LP (“ACM”), commitment and strategic approach to
key ESG topics such as environmental sustainability, social
responsibility, human capital, and corporate governance.
ENVIRONMENTAL, SOCIAL & GOVERNANCE
ARMOUR’s ESG report includes disclosures aligned with the
recommendations of the Sustainable Accounting Standards
Board (SASB), which identifies the ESG factors most material
to ARMOUR’s business and operations. Key areas of focus in the
Environmental, Social & Governance Report include:
Sustainability: Energy conservation and
environmental sustainability efforts are a priority and include:
Recycling, reducing carbon footprint, using Energy Star® certified
products, reducing of waste, and environmentally conscious office
Investing: Through thoughtful investment and risk
management, our focus on residential real estate finance supports
home ownership for a broad and diverse spectrum of
Responsibility: The Company’s community involvement is a
combination of charitable contributions and ACM employees
volunteering in local civic and charitable organizations.
- Health and Safety:
The Company's remote work environment protocol allowed our
operations to remain fully functional. No layoffs or salary cuts
occurred in response to COVID-19.
- Human Capital: Our
human capital initiatives are focused in the areas of diversity and
inclusion, well-being and benefits, culture and fostering
engagement, and development and training.
Governance: ARMOUR is committed to corporate
governance that aligns with the interests of all our stakeholders.
The Company strives to maintain a well-rounded and diverse Board
that balances financial industry expertise with independence, and
the institutional knowledge of longer-tenured directors with the
fresh perspectives brought by newer directors.
ARMOUR's ESG report is available on the Company's website at
About ARMOUR Residential REIT, Inc.
ARMOUR invests exclusively in fixed rate
residential, adjustable rate and hybrid adjustable-rate residential
mortgage-backed securities issued or guaranteed by U.S.
Government-sponsored enterprises or guaranteed by the Government
National Mortgage Association. ARMOUR is externally managed and
advised by ARMOUR Capital Management LP, an investment advisor
registered with the Securities and Exchange Commission (“SEC”).
This press release includes “forward-looking
statements” within the meaning of the safe harbor provisions of the
United States Private Securities Litigation Reform Act of 1995.
Actual results may differ from expectations, estimates and
projections and, consequently, you should not rely on these
forward-looking statements as predictions of future events. Words
such as “expect,” “estimate,” “project,” “budget,” “forecast,”
“anticipate,” “intend,” “plan,” “may,” “will,” “could,” “should,”
“believes,” “predicts,” “potential,” “continue,” and similar
expressions are intended to identify such forward-looking
statements. These forward-looking statements involve significant
risks and uncertainties that could cause the actual results to
differ materially from the expected results. The Company disclaims
any obligation to release publicly any updates or revisions to any
forward-looking statement to reflect any change in its expectations
or any change in events, conditions, or circumstances on which any
such statement is based, except as required by law.
Additional Information and Where to Find
Investors, security holders and other interested
persons may find additional information regarding the Company at
the SEC’s internet site at www.sec.gov, or the Company website at
www.armourreit.com, or by directing requests to: ARMOUR Residential
REIT, Inc., 3001 Ocean Drive, Suite 201, Vero Beach, Florida 32963,
Attention: Investor Relations.
James R. MountainChief Financial OfficerARMOUR Residential REIT,