LAUREATE EDUCATION INC
For the period ended May 30, 2024. Filed Apr 19, 2024.
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May 30, 2024 · Filed Apr 19, 2024
Contents
Commitment to Impact
We have a proud history as a purpose and impact-driven company. From being the first Public Benefit Corporation in the world to list on any stock exchange, to being the first multinational company to certify all its subsidiaries as B Corporations. A central belief throughout our history is that the more focused we are on generating market-leading outcomes for students, the better the business performs.
We remain sharply focused on understanding the impact of the student experience – frompre-enrollment through to post-graduation. Our impact is most clearly observed in graduation rates, employability upon graduation, and the overall student experience. This is consistent with the belief upon which Laureate was founded – ‘When our students succeed, countries prosper and society benefits.’
Our mission has consistently focused on expanding access to quality higher education. Central to our ongoing Environmental, Social and Governance (“ESG”) impact strategy is ensuring operations deliver on the promise of both access and quality. As with all companies, our ESG reporting practices continue to evolve, and we are proactively taking steps to prepare for future reporting requirements.
We are committed to operating with the highest ethical standards, promoting strong student outcomes, ensuring transparency when communicating with all stakeholders, and sustaining an unwavering determination to create a positive social impact and deliver on what is promised.
Across Laureate, the measurement and reporting of impact, along with associated risk management, is coordinated across a matrix of governance structures, overseen by our Board of Directors and Executive Leadership Team, including the President and CEO.
Our Board’s Nominating and Corporate Governance Committee has formal responsibility and oversight for our ESG strategy, initiatives, policies, practices, and reporting, including those addressing corporate social responsibility, our public benefit corporation obligations and environmental sustainability. Our Board’s Education Committee is responsible for our education strategy, offerings, policies, and procedures, aligned with our mission to provide access to quality education for our students.
Key structures that ensure comprehensive and consistent oversight, transparency, and leadership of Laureate’s impact include several management committees. Our ESG Committee focuses on the operational coordination of ESG priorities across the company, country, and institutional levels, including sharing best practices and aligning in measurement and reporting. The Academic Quality Committee is dedicated to identifying and monitoring academic outcomes, managing regulatory and accreditation obligations, and fostering collaboration across institutions. Lastly, our Ethics and Compliance Committee is committed to monitoring insights from reports, managing risks, overseeing mandatory training and education, reviewing policies, and strengthening accountability throughout the Company.
We have demonstrated a commitment to creating a positive impact across the communities in which we serve since being founded 25 years ago. Today, we have a robust ESG oversight structure and since 2014 have published an annual summary of our impact. As of 2022, these reports align with the United Nations Sustainable Development Goals (SDGs), honoring our shared responsibility in creating a sustainable and equitable future.
You can read about more about Laureate’s impact and ESG highlights from 2023 at laureate.net/impact. Information contained on our website is not incorporated by reference herein and is not a part of this Proxy Statement.
2024 Proxy Statement 13
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