Arco Releases its First ESG Report
Arco Platform Limited, or Arco (Nasdaq: ARCE), today released its first Environmental, Social and Governance (ESG) Report, highlighting its initiatives and best practices to support a more sustainable, equitable and prosperous future for its stakeholders and reaffirming its mission to transform the way students learn by delivering high-quality education at scale.
“This report reinforces our commitment to our customers, employees, investors, suppliers and partners, and it is a first step towards mapping our strengths and gaps so we can further expand our impact on Brazilian Education,” said Ari de Sá Neto, Arco’s founder and Chief Executive Officer.
Arco has nominated in the beginning of the year Juliana Gregory to be its ESG Director. Juliana has a degree in Computer Engineering from Instituto Tecnológico de Aeronáutica (ITA) and an MBA from MIT, with experience in Education, Entrepreneurship and Impact Investing. Before Arco, Juliana worked at the Lemann Foundation and in strategic management consultancy.
“The themes prioritized by Arco this year were Impact on Education, through the development of quality and increasingly accessible solutions, with strong responsibility for the formation of future citizens and using the UN's sustainable development goals as a basis; The Value of Our People, seeking to engage and develop our employees; and Solid and Sustainable Structure, developing a strong governance to guarantee the perpetuity of the business. For 2022, we are committed to further evolve our solutions, improve our NPS (Net Promoter Score), which is currently the best in the industry, and grow organically to serve more schools and students across Brazil every day,” explains Juliana.
Alongside the ESG report, which can be downloaded on Arco’s website at https://investor.arcoplatform.com/ESG/, Arco has also released a video with its manifest, which can be watched by clicking here.
About Arco Platform Limited (Nasdaq: ARCE)
Arco has empowered hundreds of thousands of students to rewrite their futures through education. Our data-driven learning methodology, proprietary adaptable curriculum, interactive hybrid content, and high-quality pedagogical services allow students to personalize their learning experience with while enabling schools to thrive.
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