Radian Group Inc

Common Name
Radian Group
Country
United States
Sector
Financial Services
Industry
Insurance - Specialty
Employees
1,000
Ticker
RDN
Exchange
NEW YORK STOCK EXCHANGE, INC.
Description
Radian Group Inc. is a prominent provider of mortgage insurance and related services, primarily operating in the United States. Its primary function is to offer risk management products, enhancing the...

Radian Group's GHG Emissions Data Preview

In 2023, Radian Group completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources) and Scope 2 (indirect emissions from purchased energy).

However, Radian Group has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.

Metric (tCO2e)2023202220212020 - 2017
Total Scope 1
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0000000
Total Scope 2
Unspecified Calculation Method
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a
0000000
Total Scope 3
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0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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0000000
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Verified Sources Behind Radian Group’s Greenhouse Gas (GHG) Emissions Data

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a. Radian Group's Corporate Responsibility Report (CRR) 2023
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Insights into Radian Group's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Radian Group amounted to 2,081.58 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2). a

Compared to 2022, the total operational greenhouse gas (GHG) emissions of Radian Group decreased by 5.78%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a

Radian Group's Scope 1 Emissions Over Time

20212022202308162432tCO2e-69%-73%
  • Total Scope 1
  • Year-over-Year Change

What are Radian Group's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Radian Group were 2.62 metric tons of CO₂ equivalent (tCO₂e). a

Has Radian Group reduced its Scope 1 emissions over time?

Since 2021, Radian Group's Scope 1 emissions have decreased by 91.59%, reflecting a declining long-term trend in Scope 1 emissions over time. a

Compared to the previous year (2022), Radian Group's Scope 1 emissions decreased by 72.71%, highlighting the company's efforts to lower direct emissions from assets it owns or controls. a

What are Radian Group's Scope 2 emissions?

In 2023, Radian Group reported Scope 2 greenhouse gas (GHG) emissions of 2,078.96 tCO₂e without specifying the calculation method. a

Has Radian Group reduced its Scope 2 emissions over time?

Since 2021, Radian Group's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method) have remained relatively stable, indicating that Radian Group 's emissions have plateaued with no significant change in its energy consumption footprint. a

Compared to the previous year (2022), Radian Group's Scope 2 emissions (Unspecified Calculation Method) have remained relatively stable, indicating that Radian Group 's emissions have plateaued with no significant change in its energy consumption footprint. a

What methodology does Radian Group use for Scope 2 reporting?

In 2023, Radian Group reported its Scope 2 emissions using an unspecified methodology. a

Radian Group's Scope 2 Emissions Over Time

20212022202305501.1 k1.65 k2.2 ktCO2e
  • Total Scope 2 (Unspecified Calculation Method)
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