Corporate Responsibility
Committed to Corporate Social Responsibility
Since its founding in 2008, Angel Oak’s corporate values have stressed accountability. Accountability to its associates, clients, stakeholders and the public. Angel Oak’s Corporate Social Responsibility efforts are motivated by the belief that doing what’s right for its clients, associates, the environment and the communities it serves helps the firm to deliver the highest level of service.
2023 Corporate Social Responsibility Report
2022 Corporate Social Responsibility Report
Community Impact
Angel Oak supports institutions that reflect its culture of commitment and passion, in addition to their personal importance to Angel Oak’s associates, many of whom have spent hundreds of hours volunteering over the years. Angel Oak will continue to take an active interest in community service, knowing that this positive social impact will strengthen the bond between not only its associates and the community, but among Angel Oak colleagues as well.
Community Relations Committee
In support of its pledge to increase the level and efficiency of community involvement, Angel Oak established a Community Relations Committee to coordinate all efforts.
Mission
Foster and sustain Angel Oak’s charitable commitments and community engagement
Objectives
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Evaluate and oversee Angel Oak’s charitable giving strategy and funding guidelines
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Review and approve funding requests and charity/event participation
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Organize internal and external events to facilitate community engagement and giving
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Develop and present annual Community Impact Reports
Metro Atlanta Chamber Board of Advisors
Angel Oak Companies is an investor in the Metro Atlanta Chamber (MAC) and has a seat on its Board of Advisors. MAC is a 165-year-old organization that represents businesses, colleges and universities, and nonprofits across the 29-county region that makes up the nation’s eighth-largest market. Member companies invest in MAC’s work to attract and retain business, ensure a business-friendly climate through public policy efforts, and market the region as a great place to live, work, and play.
Diversity & Inclusion
Angel Oak is a company with a global reach that is committed to creating an inclusive environment which embraces diversity and fosters inclusion across all of the organization’s activities and operations. Angel Oak believes that the wide array of perspectives resulting from such diversity promotes innovation and business success. Angel Oak’s diversity encompasses differences in ethnicity, gender, language, age, sexual orientation, religion, socioeconomic status, physical and mental ability, experience and education.
Talent
Angel Oak recognizes its talented and diverse workforce as a competitive advantage. The firm’s success is a reflection of the quality and skill of its people. Angel Oak seeks to maintain a diverse workforce in its hiring practices and policies on recruitment and selection, compensation and benefits, professional development and training, and promotions.
Culture
Angel Oak’s culture focuses on collaboration, respectful discussion, and innovative thinking. These shared values are core to what Angel Oak represents as a firm and are the basis for its long-standing commitment to being diverse and inclusive. All Angel Oak associates are responsible for contributing to its diverse culture by removing bias from investment, talent, and business decisions, and demonstrating inclusive behaviors.
Community
Being a part of the community is important to Angel Oak, and this is reflected in its involvement with a number of organizations benefiting those in need in Greater Atlanta and around the nation. Angel Oak invests in the communities where its associates live and work by engaging in philanthropic efforts, targeted corporate giving, knowledge-sharing forums, mentoring, and volunteer events.
Equal Opportunity
Angel Oak provides equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion, sex, national origin, age, disability or genetics.
Education & Training
Angel Oak is committed to providing its associates with learning opportunities to enhance their knowledge about inclusive workplace practices. Firm associates attend conferences and training sessions that address issues such as unconscious bias, cross-cultural competency, and recognizing differences in work and communication styles, including generational differences.
Environmental Policy
Angel Oak strives to operate in an environmentally sensitive manner by occupying LEED-certified office space, recycling, and offering public transportation incentives. Angel Oak supports flexible work schedules and telecommuting, both for the wellbeing of its employees and for their impact on the firm’s carbon footprint. Angel Oak’s goal is to reduce the firm’s environmental footprint by utilizing a systematic approach that educates its workforce and seeks to bring about behavioral changes that foster a sustainable and healthier future.
Environmental Initiatives
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~40% of purchased office supplies verified as “green” by independent third party
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Exceed EPA standards for minimum post-consumer waste content
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Installed UV drinking water stations to reduce use of disposable plastic bottles
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Discontinued purchase and provision of plastic straws in break rooms
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Corporate headquarters is located in a Leadership in Energy and Environmental Design (LEED) certified building adjacent to Atlanta’s MARTA rapid transit system
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Participated in building’s technology recycling program
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Reduced internal Waste Intensity metric by 25.7% in 2023
Recycling Metrics
Angel Oak implemented the Shred-It initiative in partnership with Stericycle Inc., a company that provides document destruction, hard drive destruction, and specialty item shredding. The program is ongoing and has led to substantial environmental benefits and waste reduction.
| 2022 | 2023 | % Change | |
|---|---|---|---|
| Pounds | 69,045 | 38,550 | – |
| Tons | 35 | 19 | – |
| Average # of Associates | 156 | 114 | – |
| Tons Per Associate | 0.22 | 0.17 | -25.7% |
| Trees Saved | 587 | 327 | – |
| Cubic Yards of Landfill Saved | 104 | 58 | – |
| Barrels of Oil Saved | 54 | 39 | – |
| Gallons of Water Saved | 241,658 | 134,925 | – |
Governance Structure
Angel Oak Guiding Principles
Business Conduct and Ethics
Angel Oak conducts business with uncompromising honesty and integrity, adhering to all laws, regulations, and its SEC-compliant Code of Ethics.
Our People
Angel Oak’s ability to attract, develop, reward, and retain talented employees who are committed to responsible investment practices is central to its business strategy and critical to its future success.
Our Investors
Angel Oak’s core mission includes supporting both the financial and sustainability goals and objectives of its investors.
Our Company
Angel Oak’s corporate governance policies balance the interests of the firm’s stakeholders such as investors, associates, vendors, regulators, and the community as a whole.
Our Community
Being an engaged member of the community is important to Angel Oak, which is why the firm supports a number of organizations that do vital work benefiting education, the arts, and those in need in the Greater Atlanta area and nationwide.
Health & Safety
Angel Oak has a responsibility to do everything it can to assure that its associates are in a safe, healthy, and positive workplace.
Environment
Angel Oak is acutely aware of its responsibility to reduce its environmental footprint wherever possible with its business activities and physical premises.