Radian Improves Score in Human Rights Campaign Foundation’s 2023 Corporate Equality Index

Company’s ongoing commitment to an inclusive workplace is detailed in latest DEI Annual Report

WAYNE, Pa.--(BUSINESS WIRE)--
Radian Group Inc. (NYSE: RDN) today announced that it has scored 90 out of 100 on the Human Rights Campaign Foundation’s 2023 -2024 Corporate Equality Index, the nation’s foremost benchmarking survey and report measuring corporate policies and practices related to LGBTQ+ workplace equality.

Radian has participated in the index since 2020, steadily increasing its score each year.

“We are proud to show continued momentum in our work to advance equality at Radian and throughout our industry,” said Radian’s Chief Executive Officer Rick Thornberry. “At Radian, we believe that it is essential to create a workplace culture that values and celebrates differences, promotes equality, and fosters a sense of belonging for everyone. We also firmly believe that diversity, equity and inclusion contribute to our success as a company and look forward to making continued progress in the years to come.”

The 2023 Corporate Equality Index evaluates nearly 1,400 major U.S. businesses—employers of more than 21 million U.S. workers—on detailed criteria falling under four central pillars:

• Workforce Protections
  
• Inclusive Benefits

• Supporting an Inclusive Culture

• Corporate Social Responsibility

To learn more about the Corporate Equality Index, please visit www.hrc.org/cei.

Recent Diversity, Equity & Inclusion Highlights at Radian

Radian’s latest Diversity, Equity and Inclusion (DEI) Annual Report provides an in-depth review of the organization’s DEI strategy, practices and reporting metrics as of the end of 2022, as well as its plan to build upon progress in the years to come.

The company’s DEI Annual Report serves as a mission statement and roadmap for how it is working to advance diversity, equity and inclusion throughout Radian. The report was spearheaded by Radian’s Executive Inclusion Council, which is sponsored by CEO Rick Thornberry and is comprised of senior leaders from across the enterprise—a composition designed to ensure that its efforts are championed at the highest levels of leadership. Radian’s DEI efforts have received recognition from a variety of esteemed third-party organizations, including by The Forum of Executive Women as a Champion of Board Diversity, 50/50 Women on Boards for the gender balance of its Board of Directors and inclusion in Bloomberg’s Gender Equality Index. Radian has also signed the Mortgage Bankers Association’s Home for All Pledge to promote inclusion in housing and the CEO Action for Diversity and Inclusion pledge, committing to cultivate an environment where all ideas and employees are welcomed.

About Radian’s Corporate Responsibility Program

Radian’s DEI efforts are part of its broader Corporate Responsibility Program, which focuses on supporting the company’s commitment to environmental, health and safety, corporate social responsibility, corporate governance, sustainability and other public policy matters relevant to the company and its operations. This program aligns with Radian’s company-wide commitments to continue to be responsible corporate citizens with a positive impact in the communities and with the people it serves.

Radian’s Corporate Responsibility Report and website contain disclosure of Environmental, Social and Governance (ESG) information relevant to Radian’s businesses, as well as metrics included in the International Financial Reporting Standard’s (IFRS) Sustainability Accounting Standards Board (SASB) standards for the Insurance industry. Radian’s Corporate Responsibility Report also identifies how our ESG practices help contribute to the United Nations Sustainable Development Goals (UN SDGs). The company has also aligned its ESG disclosure and initiatives to the Task Force on Climate-Related Financial Disclosure (TCFD) framework for climate strategy, oversight and risk management.

About Radian

Radian Group Inc. (NYSE: RDN) is ensuring the American dream of homeownership responsibly and sustainably through products and services that include industry-leading mortgage insurance and a comprehensive suite of mortgage, risk, title, valuation, asset management and other real estate services. We are powered by technology, informed by data and driven to deliver new and better ways to transact and manage risk. Visit radian.com and homegenius.com to learn more about how Radian and its pioneering homegenius platform are building a smarter future for mortgage and real estate services.

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Source: Radian Group Inc.