Since 1977, Radian has helped more than 8.5 million families achieve their dream of homeownership in a way that is affordable, responsible, and sustainable. We are proud of the impact we have made in the housing market and the communities we serve, particularly in assisting historically underserved households in accessing affordable mortgage credit.
Radian's corporate responsibility reporting is indexed against globally recognized frameworks such as the Global Reporting Initiative (GRI), the Sustainability Accounting Standards Board (SASB), and the United Nations Sustainable Development Goals (UN SDGs). We follow these standards to help us measure and present our impact in a transparent manner. Finally, we also issue a standalone Task Force on Climate-related Financials Disclosures (TCFD) report.
We maintain an Executive Inclusion Council (“EIC”) that is sponsored by our CEO, led by senior management, and consists of leaders and employees from across the Company. Our EIC Charter is available here.
Radian is proud to be recognized for our commitment to excellence, innovation, and corporate responsibility. Our recent awards reflect our dedication to fostering an inclusive workplace, maintaining strong governance practices, and driving positive social impact. These accolades serve as a testament to our ongoing commitment to making a meaningful difference for all our stakeholders.
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Our Employee Resource Groups (ERGs), play a key role in fostering a culture of inclusion, networking opportunities, and initiatives that promote community and collaboration. Through these efforts, we continue to build an environment where all employees can feel supported and empowered to grow.
Though the direct environmental impact of our commercial real estate may be limited, we continually seek opportunities to minimize our environmental footprint. To demonstrate our commitment, we maintain an Environmental Policy that governs sustainable and environmentally conscious practices.
Radian is committed to operating our business responsibly and understands that this will help Radian create long-term and sustainable value for our company and stakeholders by reducing costs, increasing revenue, mitigating risks, enhancing our reputation, strengthening our communities, and helping us meet the expectations of our stockholders, customers, employees, communities, and future generations. Radian's Environmental Policy governs sustainable and environmentally conscious practices and also issued a Task Force on Climate-Related Financial Disclosures (TCFD) report.
Our commitment to environmental responsibility reflects our broader mission of creating long-term value for our employees, communities, and other stakeholders. We prepared our GHG inventory in alignment with the Greenhouse Gas Protocol Corporate Accounting and Reporting Standard (GHG Protocol). For GHG emissions reporting, Radian delineates its organizational boundary using the operational criterion under management control. Operational control reflects the activities where Radian has the full authority to introduce and implement operating policies. While we do not have a large carbon footprint, our dedication to transparency is paramount.
Our full Board is actively involved in the oversight of our Corporate Responsibility program and practices, while specific oversight for social and governance matters is delegated to the Compensation and Human Capital Management Committee and Governance Committee, respectively. The Board is updated on Corporate Responsibility matters regularly, including environmental/climate matters, complemented by more extensive education sessions focused on current and emerging environmental, social and governance topics. Learn more about Radian's Corporate Governance program below:
Social Responsibility
Employee Wellbeing
Equitable Homeownership
Making a Difference Beyond the Workplace
Through corporate giving, employee volunteerism, and strategic corporate partnerships, we actively support initiatives that promote affordable housing and community development. Our employees are encouraged to give back through matching donations and community outreach initiatives. By aligning our philanthropic efforts with our mission, we strive to make a lasting positive impact and help build stronger, more sustainable communities.
2024 Philanthropy by the Numbers
$516,000
In Radian corporate contributions
$256,668
Raised via Matching Gifts
200
Organizations supported
$1,242,940
Total philanthropic efforts