Throughout our worldwide network of higher education institutions, we share a mission to make quality higher education accessible and affordable so more students can pursue their dreams. It’s a mission we believe will help make the world a better place. At the center of our vision is value, as defined by our students and those who employ them. A professionally oriented education with an international perspective helps prepare Laureate students to succeed in the global marketplace. Laureate International Universities students, faculty, alumni and families, as well as the employers who hire our graduates, are making a positive difference in communities around the world. When our students succeed, countries prosper and societies benefit.
Public Benefit Corporation
On October 1, 2015, Laureate converted to a Public Benefit Corporation, a relatively new class of corporations that are required by law to create a general public benefit through a material, positive impact on society.
Through this conversion, Laureate joins more than 2,800 U.S. companies incorporated as Public Benefit Corporations across 30 states and the District of Columbia. With over 1 million students and 88 institutions in 28 countries around the world, Laureate is the largest global network of degree-granting higher education institutions and the largest company to become a PBC.
As a Public Benefit Corporation, Laureate is required to balance the financial interests of its stockholders with the best interests of those stakeholders materially affected by its conduct, including particularly those impacted by the specific benefit purpose set forth in its certificate of incorporation. Laureate’s public benefit is to produce a positive effect for society and students by offering diverse education programs both online and at campuses around the globe. By doing so, Laureate believes that it provides greater access to cost-effective, high-quality higher education that enables more students to pursue their academic and career aspirations.
Public Benefit Corporations are also required to publicly disclose not less than biennially a report that assesses their public benefit performance. Laureate has chosen to be assessed by B Lab, an independent non-profit organization.
© 2015 Laureate Education, Inc.