Climate Change Data

Environmental Metrics

ESG Focus Areas

• Homeownership Support
• Investing in People and Communities
• Diversity, Equity, and Inclusion (DEI)
• Governance and Sustainable Business Practices

Environmental Achievements

• Reduced environmental impact through video conferencing, green energy data center provider, and LEED Gold-certified building with eco-friendly features.
• Decreased paper use and increased recycling and composting.

Social Achievements

• Helped nearly 300,000 people purchase a home.
• Recognized as a Great Place to Work® for the sixth consecutive year.
• Established a firmwide inclusion committee.
• Invested in communities through corporate giving, volunteerism, and matching gifts.
• 61% women and 32% minorities among employees.

Governance Achievements

• ESG oversight by the governance and nominating committee (GNC) and ESG committee.
• 7/9 independent directors on the board, 4/9 women | minority | LGBTQ.
• 100% of employees, board members, and contractors acknowledged the business conduct and ethics policy.

Climate Goals & Targets

Environmental Challenges

• Limited direct exposure to climate-related risks, but acknowledges secondary risks to the broader economy and home prices.
• Cybersecurity and data privacy risks.

Mitigation Strategies

• Monitors home price appreciation by MSA and includes this data in portfolio risk assessments.
• Comprehensive information security program, SOC 2 Type 2 certification, vendor risk management program, security awareness training, and incident response plan.
• Privacy program compliant with applicable laws (GLBA, FCRA, CCPA, CPRA, Mass Reg 201 CMR 17.00).

Supply Chain Management

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: UN Sustainable Development Goals (SDGs), Sustainability Accounting Standards Board (SASB)

Certifications: SOC 2 Type 2

UN Sustainable Development Goals

• No Poverty
• Good Health and Well-being
• Decent Work and Economic Growth
• Reduced Inequalities
• Responsible Consumption and Production

The report explains how NMI's activities contribute to these SDGs through homeownership support, employee well-being, economic growth, reduced inequality, and responsible consumption and production.

Awards & Recognition

• Great Place to Work® (six consecutive years)
• Other awards listed in the report

Environmental Metrics

ESG Focus Areas

• Homeownership Support
• Diversity, Equity, and Inclusion (DEI)
• Employee Well-being
• Community Investment
• Governance
• Risk Management
• Data Privacy
• Sustainable Business Practices
• Environmental Impact

Environmental Achievements

• Reduced carbon footprint by outsourcing data center to a 100% green energy provider.
• Headquarters located in a LEED Gold-certified building with eco-friendly features.
• Adopted sustainable practices for recycling and composting, reduced paper use.

Social Achievements

• Helped 225,000 people purchase a home.
• Recognized as a Great Place to Work® for the seventh consecutive year.
• Advanced DEI commitment through Inclusion Committee initiatives and training.
• Invested in communities through corporate giving, volunteerism, and matching donations.
• Maintained a 6.8% five-year average voluntary turnover rate.

Governance Achievements

• Established robust compliance, cybersecurity, and privacy programs.
• 100% of employees, board members, and contractors acknowledged the business conduct and ethics policy.
• Implemented an anti-fraud policy and controls.
• Maintained a comprehensive information security policy and program.

Climate Goals & Targets

Environmental Challenges

• Rapidly rising interest rates strained affordability for many aspiring homeowners.
• Persistent inflation introduced added costs and stretched household budgets.
• Price tension drove house price declines across many local markets.

Mitigation Strategies

• Bolstered risk management framework against evolving economic backdrop.
• Advanced technology platform to enhance employee productivity, customer connectivity, and cybersecurity protection.
• Monitored and tracked home price appreciation by MSA and considered this data in product pricing, loss reserving, and portfolio risk assessments.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Vendor risk management program, SOC 2 Type 2 certification from relevant vendors.

Climate-Related Risks & Opportunities

Physical Risks

• Severe weather events impacting headquarters accessibility.

Transition Risks

• Broader economic and home price impacts from climate change.

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: SASB, UN SDGs

Certifications: SOC 2 Type 2 (from vendors)

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Goal 1: No Poverty
• Goal 3: Good Health and Well-being
• Goal 8: Decent Work and Economic Growth
• Goal 10: Reduced Inequalities
• Goal 12: Responsible Consumption and Production

National MI's business activities and programs contribute to these SDGs by supporting affordable homeownership, promoting economic growth, reducing inequalities, and encouraging sustainable practices.

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• Great Place to Work® (seven consecutive years)
• MBA Opens Doors Foundation 2022 Spirit Award

Environmental Metrics

ESG Focus Areas

• Sustainable Homeownership
• Investing in People and Communities
• Governance and Sustainable Business Practices
• Inclusion

Environmental Achievements

• Reduced carbon footprint by outsourcing data center to a 100% green energy provider
• Headquarters located in a LEED Gold-certified building with eco-friendly features

Social Achievements

• Helped more than 160,000 people purchase a home
• Recognized as a Great Place to Work® for the eighth consecutive year
• Advanced commitment to organizational inclusion through Embrace Committee
• Invested in communities through corporate giving, volunteerism, and matching donations

Governance Achievements

• Maintained robust compliance, cybersecurity, and privacy programs
• 100% of employees, board members, and contractors acknowledged the business conduct and ethics policy

Climate Goals & Targets

Environmental Challenges

• Elevated interest rates straining affordability for many aspiring homeowners
• Slowed pace of activity in the mortgage market

Mitigation Strategies

• Continued to support borrowers in need
• Invested in technology to enhance employee productivity and customer connectivity

Supply Chain Management

Climate-Related Risks & Opportunities

Physical Risks

• Severe weather events, natural disasters

Reporting Standards

Frameworks Used: SASB, UN SDGs

UN Sustainable Development Goals

• No Poverty
• Good Health and Well-being
• Decent Work and Economic Growth
• Reduced Inequalities
• Responsible Consumption and Production

Aligned with SDGs through business strategy, products, and services; supporting homeownership as a pathway out of poverty; providing employee health and wellness benefits; supporting sustainable homeownership and a healthy housing finance system; home equity accumulation; supporting energy-efficient mortgages; reducing environmental impact

Awards & Recognition

• Great Place to Work® (8 consecutive years)
• MBA Opens Doors Foundation 2022 Spirit Award