When Laureate was founded in 1999, we were guided by the belief that when our students succeed, countries prosper and societies benefit. This belief is expressed through the company’s philosophy of being Here for Good. Laureate has been committed to expanding access to quality higher education, delivering strong academic outcomes, and finding ways to positively contribute to the communities we serve.
Consistent with our mission, in October 2015, Laureate converted to a Public Benefit Corporation (PBC), a relatively new class of corporations that are required by law to create a general public benefit through a material, positive impact on society. Becoming a PBC allowed us to formally integrate into our legal structure the social mission that has always been integral to Laureate. In December 2015, Laureate became a Certified B Corporation® (B Corp) after passing a rigorous, third-party assessment by B Lab®, an independent non-profit organization.
In order to maintain certification, Laureate and its network is required to be recertified every two years. In 2017, Laureate and its network institutions successfully achieved B Corp recertification, increasing its score by nearly 10 points.
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