Corporate Responsibility
At Radian, we've embraced a corporate responsibility program that is meaningful for our company, our employees, customers, stockholders and other stakeholders, and the communities where we live and work. It supports our commitment to diversity, equity and inclusion, environmental health and safety, corporate social responsibility, talent development and employee engagement, corporate governance, and other public policy matters. Most importantly, we share in a common purpose and commitment to ethics, philanthropy, environmental sustainability, and a diverse, equitable and inclusive workplace.
Our Strategic Corporate Objectives
At Radian, we are committed to ensuring the American dream of homeownership in an affordable, responsible and sustainable way, through products and services that span the mortgage and real estate spectrum.
Strategic Execution
Execute the Radian’s strategic plan to drive increased shareholder value by developing and pursuing organic and inorganic growth opportunities across the mortgage and real estate markets leveraging innovative business models and operational excellence.
- Manage our mortgage insurance portfolio by focusing on growing economic value and long-term profitability and ensuring that the Company maintains comprehensive enterprise risk management, including operational, credit, underwriting, and counterparty risk.
- Optimize our capital and liquidity to achieve strategic objectives by ensuring ongoing compliance with Private Mortgage Insurer Eligibility Requirements (PMIERs), increasing our financial flexibility and aligning our credit ratings to our business objectives.
- Maximize the power of our Radian team by enhancing and celebrating our inclusiveness and diversity, developing our talent for future success, fostering a culture based on our values and utilizing data and analytics to adapt for the future.
Portfolio and Risk Management
Manage our mortgage insurance portfolio by focusing on growing economic value and long-term profitability and ensuring that the Company maintains comprehensive enterprise risk management, including operational, credit, underwriting, and counterparty risk.
Capital Liquidity
Optimize our capital and liquidity to achieve strategic objectives by ensuring ongoing compliance with PMIERs, increasing our financial flexibility and aligning our credit ratings to our business objectives.
Human Capital Management
Maximize the power of our Radian team by enhancing and celebrating our inclusiveness and diversity, developing our talent for future success, fostering a culture based on our values and utilizing data and analytics to adapt for the future.
Corporate Responsibility Report
Throughout our history at Radian, we have made a concerted effort to integrate corporate citizenship into our values, culture, and strategic priorities. Through our initiatives to support our employees, customers, stockholders, and communities, we aim to foster a culture of corporate citizenship and a strong Corporate Responsibility program.
As we work to advance our Corporate Responsibility initiatives, we remain committed to reporting on our progress in a clear and transparent manner. This Corporate Responsibility Report (CRR) contains disclosure relevant to Radian’s businesses, as well as metrics included in the Sustainability Accounting Standards Board (SASB) standards for the Insurance industry. In this Report, Radian also identifies how our Corporate Responsibility practices help contribute to the United Nations Sustainable Development Goals (UN SDGs). Finally, we also issue a standalone Task Force on Climate-related Financials Disclosures (TCFD) report that is available on our website.
"I am proud to be part of a company that is deeply dedicated to ensuring affordable, responsible and sustainable homeownership by supporting our customers, our communities and each other."
Rick Thornberry, Chief Executive Officer
We'd Like to Hear From You
We value feedback from our stakeholders as we continue to enhance our ESG program to drive long-term business performance and societal impact. Please contact us at CorporateResponsibility@radian.com for any additional information or questions you may have regarding our ESG strategy and programs.