Radian Releases Inaugural Diversity, Equity & Inclusion Annual Report
01 Décembre 2022 - 12:30PM
Business Wire
Radian Group Inc. (NYSE: RDN) today released its inaugural
Diversity, Equity and Inclusion (DEI) Annual Report, which provides
an in-depth review of the organization’s DEI strategy, practices
and reporting metrics as of the end of 2021, as well as its plan to
build upon progress in the years to come.
The DEI Annual Report serves as a mission statement, roadmap and
accountability tool for measuring how the company is working to
advance diversity, equity and inclusion throughout Radian and
beyond. The report was spearheaded by Radian’s DEI 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 rigorous approach to advancing diversity at the company
and in the mortgage and real estate services industry was further
formalized by the creation of its Inclusion & Diversity
(I&D) Council in 2020. In 2021, “Equity” was added to the
overall strategy to better reflect the disparities that
underrepresented groups face, and the Council set in motion a plan
designed to allow all community members to thrive at Radian. In
2022, the company launched a new DEI Ambition, focusing on three
pillars of Amplify Voices, Advocate for Access and Practice
Inclusion.
“It is critical that we work hard to advance diversity, equity
and inclusion both within our organization and beyond,” said Justin
Foster, SVP, People Experience. “While there is plenty of work to
be done, we remain steadfast in our commitment to meeting our
goals, and our annual report will hold us accountable to that
progress.”
The report outlines Radian’s efforts to foster an equitable
workplace and alleviate disparities in homeownership through
training to mitigate bias, demonstrating allyship in action,
equitable compensation practices, installation of homeownership
affordability initiatives, and much more. In addition to reporting
key company statistics, the report provides details about Radian’s
Employee Resource Groups (ERGs), which were created to support the
company’s commitment to an inclusive and diverse culture and
currently include networks supporting women, LGBTQA+ community
members, culturally diverse communities, and military veterans.
Emily Riley, DEI Council Chair and EVP, Chief Marketing and
Communications Officer, emphasizes in the report: “Through our DEI
program’s homeownership affordability initiative, we are dedicated
to taking actionable steps to close the homeownership gap for
people of color and other marginalized groups. Internally, we are
committed to building an inclusive and equitable workplace
comprised of diverse teams—and we deeply believe that these efforts
will collectively help make our organization and industry as strong
as it can be.”
Radian’s meticulous DEI efforts have received recognition from a
variety of esteemed third-party organizations. For instance, Radian
was recently designated as a Champion of Board Diversity by The
Forum of Executive Women for the second consecutive year and was
included on Bloomberg’s Gender Equality Index for the fourth
consecutive year. The company’s actions to address LGBTQA+ equality
in the workplace have been recognized by the Human Rights Campaign,
and its focus on board diversity has been recognized by 50/50 Women
on Boards. Radian 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.
Radian’s dedication to DEI is a component of its broader
Corporate Responsibility Program, which focuses on supporting the
company’s commitment to environmental, health and safety, corporate
social responsibility, corporate governance, equity, sustainability
and other public policy matters relevant to the company and its
operations. This program aligns with Radian’s company-wide
commitment to continue to be responsible corporate citizens with a
positive impact on its employees, customers, environment,
stockholders, local communities and other stakeholders.
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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version on businesswire.com: https://www.businesswire.com/news/home/20221201005246/en/
For Investors: John Damian – Phone: 215.231.1383 email:
john.damian@radian.com For the Media: Rashi Iyer – Phone:
215.231.1167 email: rashi.iyer@radian.com
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