Radian Honored as a “Champion of Board Diversity” by Forum of Executive Women
October 07 2021 - 3:30PM
Business Wire
Radian Group Inc. (NYSE: RDN) today announced that it has been
named one of the Forum of Executive Women’s 2021 Champions of Board
Diversity. Founded in 1977, the Forum is a leading organization
focused on the advancement of women in the Greater Philadelphia
business community. The organization’s annual Champions of Board
Diversity list recognizes major Philadelphia-area companies that
have 30 percent or greater female representation on their boards of
directors.
“Radian is honored to be named to the 2021 Champions of Board
Diversity list,” said Chief Executive Officer Rick Thornberry.
“While we always strive to improve, this recognition reflects
Radian’s deep commitment to increasing the representation of women
at all levels of our organization."
Radian was among Philadelphia’s top 100 companies celebrated at
the Forum’s Leadership Breakfast on October 7, 2021.
“Advancing gender equality is a major organizational priority
and business imperative for Radian,” said Mary Dickerson, Executive
Vice President, Chief People Officer at Radian. “We are committed
to making continued progress in our pursuit for equity for all
underrepresented groups in the years to come and are grateful for
the valuable work being done by the Forum of Executive Women and
other organizations focused on these critical issues.”
Recent Diversity, Equity and Inclusion Highlights at
Radian
Radian’s strategic objectives and initiatives relating to
Diversity, Equity and Inclusion (DEI) are driven by its formal DEI
program, as well as its DEI Council, which is comprised of a group
of cross-functional leaders.
- Gender equality is a core component of the company’s overall
DEI strategy. Radian has been included for three consecutive years
on the Bloomberg Gender-Equality Index (GEI), which highlights
companies dedicated to advancing women’s equality in the workplace.
It has also been recognized by 50/50 Women on Boards, which works
to elevate the representation of women on corporate boards
throughout the United States.
- CEO Rick Thornberry also signed the "CEO Action for Diversity
and Inclusion" pledge to create a more diverse, inclusive and
equitable workforce, which has been signed by more than 2,000
business leaders across various industries and is the largest
CEO-driven business commitment to advance diversity and inclusion
in the workplace. By signing the pledge, Radian has committed to
cultivating a trusting environment where all ideas and employees
are welcomed.
- In 2021, inspired by CEO Action’s annual “Day of
Understanding,” Radian held a “Week of Understanding” that brought
employees together to have open and meaningful conversations
designed to explore blind spots and unconscious biases, and foster
a more inclusive workplace.
- Radian has instituted a recruiting capability dedicated to
diversity, improved its internal reporting capabilities regarding
diversity, trained all managers on unconscious bias, and is
carrying out an initiative to train all employees on unconscious
bias.
- Radian has also established Employee Resource Groups (ERG) to
support the company's intention around ensuring an inclusive and
diverse culture. ERG's look to foster awareness, respect, and
inclusion in the Radian workplace through the work they do. Each
ERG is led by employees with shared interests and like backgrounds,
who come together to serve a common purpose. Currently, Radian has
three active ERGs.
- Appointed an AVP, Diversity, Equity and Inclusion to help
achieve the objectives set in our strategic plan. In addition,
Radian has a dedicated focus on recruiting and learning and
development of high potential women and minorities to collectively
build a diverse set of future leaders at Radian.
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 community and with the people it serves.
A report and website provide further information about the
company’s Corporate Responsibility programs and practices,
including how its Environmental, Social and Governance (ESG)
efforts help achieve the United Nations Sustainable Development
Goals (UN SDGs) and correspond to the Sustainability Accounting
Standards Board (SASB) standards for the Insurance sector.
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 www.radian.com to learn
more about how Radian is shaping the future of mortgage and real
estate services.
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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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