Arco Releases its First ESG Report
August 10 2021 - 8:06AM
Business Wire
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.
Forward-Looking Statements
This press release includes “forward-looking statements” within
the meaning of the U.S. federal securities laws. Statements
contained herein that are not clearly historical in nature are
forward-looking, and the words “anticipate,” “believe,”
“continues,” “expect,” “estimate,” “intend,” “project” and similar
expressions and future or conditional verbs such as “will,”
“would,” “should,” “could,” “might,” “can,” “may,” or similar
expressions are generally intended to identify forward-looking
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date hereof and are based on Arco’s current plans, estimates of
future events, expectations and trends that affect or may affect
our business, financial condition, results of operations, cash
flow, liquidity, prospects and the trading price of Arco’s Class A
common shares, and are subject to several known and unknown
uncertainties and risks, many of which are beyond Arco’s control.
Therefore, current plans, anticipated actions and future financial
position and results of operations may differ significantly from
those expressed in any forward-looking statements in this press
release. You are cautioned not to unduly rely on such
forward-looking statements when evaluating the information
presented. Arco does not undertake any obligation to update
publicly or to revise any forward-looking statements after we
distribute this press release because of new information, future
events or other factors.
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Investor Relations Contact Arco Platform Limited
IR@arcoeducacao.com.br
Carina Carreira carinacarreira@arcoeducacao.com.br
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