Cogna Commitments for a better world

Environmental • Social • Corporate Governance


Our purpose and commitments is to impact people through education for a better world, because we understand that education is the only way to have a fairer and less unequal country. We do this not only by implementing the best governance practices in the company, but mainly by offering quality education with scope to the whole country, empowering people so that they can be agents of transformation of their future.

We believe that it is necessary for companies to consider the environmental and social impacts of their activities, so sustainability is present in our strategy, operation and non-negotiable values.

Based on this premise, we are committed to generating sustainable value for all our stakeholders, our students and customers, employees, shareholders and investors, suppliers and service providers, contributing to the balance of environmental and social resources and meeting the needs of future generations.

Aware that we can go further, and that the future is in our hands, we disclose our goals and commitments:

  • Make efficient use of natural resources, prioritizing renewable sources for a greener world;
  • Educate and promote environmental awareness, aware that we are all responsible for climate change;
  • Promote the balance between the use of resources, their preservation and environmental compensation.
  • Contribute to Public Education in the country;
  • Foster the entrepreneurial ecosystem and employability, assisting in the professional journey and career construction;
  • Promote economic and social development around the teaching units;
  • Take care of the health and well-being of employees, contributing to the physical, mental and emotional balance.
  • Seek gender equity at all hierarchical levels and in the Governance of the Company;
  • Promote best practices of governance and transparency in disclosures and results;
  • Promote the principles of integrity and anti-corruption.

Balance Between People and Nature

SDG Our Environmental Goals Year for conclusion
Image of the SDG 7 - Affordable and Clean Energy

Energy

Have 90% of the energy consumed in the network from renewable sources 2022 2023 2024 2025
Image of the SDG 12 - Responsible Consumption and Production

Environmental Education

Impact 1.8 million people with environmental education contents 2022 2023 2024 2025
Image of the ODS 13 - Climate Action

Climate Changes

Measure the impact of GHG (greenhouse gas) emissions in the company’s operation, stipulating mitigation and offsetting targets and commitments 2022 2023 2024 2025
Illustrative image for the Environmental section, Balance between People and Nature

Current Scenario

87% of the energy used by the company comes from renewable sources;

100% of the energy consumed in our largest distribution center in São José dos Campos comes from renewable sources;

Organization of awareness/education campaigns for the efficient use of resources in our corporate offices and higher education units;

We require 100% of our suppliers to have FSC (Forest Stewardship Council) certification , which guarantees sustainable management in the paper custody chain. We have also maintained certification in all the eligible units of the company since 2008;

Our corporate head office in São Paulo has LEED (Leadership in Energy and Environmental Design) green building certification;

All the teaching systems have environment and environmental education-related contents at all grade levels;

The complementary solution STEM Connect – Discovery Education promotes discussion of the 17 United Nations Organization (UN) Sustainable Development Goals and society’s socio-environmental needs:

In higher education we offer more than 170 environment-related undergraduate and graduate courses;

Maintenance of nine lines of research in environmental topics in the Stricto Sensu postgraduate programs.


Education, diversity and human rights

SDG Our social targets Year to Completion
Image of the SDG 3 - Good Health and Well Being

Social Impact

Benefit 5 million people through community services and social projects at our teaching and partnering units 2022 2023 2024 2025
Image of the SDG 4 - Quality Education
Benefit 150,000 public school teachers with educational products and services 2022 2023 2024 2025
Image of the SDG 8 - Decent Work and Economic Growth
Train 150,000 people in business and entrepreneurial competencies to foster enterprise in the country 2022 2023 2024 2025
Image of the SDG 3 - Good Health and Well Being

Health and Safety

Train 100% of company employees in health and safety 2022 2023 2024 2025
Image of the SDG 5 - Gender Equality

Diversity

Achieve gender equality (50%) in leadership positions (≥ managers) occupied by men and women 2022 2023 2024 2025
Image of the SDG 10 - Reduced Inequalities
Increase the number of positions occupied by black and mixed-race people to 40% 2022 2023 2024 2025
Increase the number of leadership positions occupied by black and mixed-race people to 40% 2022 2023 2024 2025
Maintain favorability for the LGBTQIA+ public equal to or greater than 93 in the Engagement Survey. 2022 2023 2024 2025
Train 100% of company leaders in the contents of the Corporate University diversity program 2022 2023 2024 2025

(*) Considering the assets until December/2022, regardless of the hiring period.

Illustrative image for the Social, Education, Diversity and Human Rights section

Current Situation

Maintenance of three Social Arms: Instituto SOMOSFundação Pitágoras  and the Aliança Brasileira pela Educação movement;

SROI (Social Return on Investment)– in 2022, for each R$1 invested by Cogna, R$ 6.40 returned to society: 2.9 million people benefited from the generation of R$ 1 billion in social assets and R$ 9 billion in economic assets, totaling R$ 10 billion in socio-economic assets;

Inclusion of the discipline Brazilian Society and Civic Awareness in the curriculum matrix in 2019. Mandatory in graduate courses, it encompasses topics such as human rights, civic awareness, politics and ethics. In addition to the academic contents, the students should engage in volunteer work with non-profit associations of their choice, as a means of practical assessment;

Organization of surveys to assess student employability (see the results here);

Corporate Volunteer work program: 3,200 hours dedicated in 2022;

36.3% women at director level; 49.9% in management positions; 63% of our employees are women;

Engagement survey indicated 81% average favorability among LGBTQIAP+ audience;

Corporate University with exclusive courses for our employees – average of 5.7 hours of training per employee in 2022.


Governance and integrity

SDG Governance and Integrity Year to Completion
Image of the ODS 16 - Peace, Justice and Strong Institutions

Governance

Incorporate ESG targets into the variable remuneration policies of 100% of senior management 2022 2023 2024 2025
Image of the SDG 10 - Reduced Inequalities

Diversity

Have at least 1/3 women, black and LGBTQIA+ individuals on the Board of Directors 2022 2023 2024 2025
Illustrative image for the Governance and Integrity section

Current Situation

In 2022, the ESG targets were linked with executives’ variable remuneration;

Voluntary commitments: Global Compact, WEPs (Women Empowerment Principles), Ethos Institute, LGBTI+ Business and Rights Forum, and alignment with the SDGs;

Movement for increase number of women on the Board of Directors WOB (Women on Board)certification for Cogna Educação and Vasta Platform;

40% of chairs on Board of Director are occupied by women;

60% of chairs on Board of Directors are occupied by minority groups (women and LGBTQIA+);

33% independent members;

Listed on the B3 Novo Mercado since 2012 – the highest standard of corporate governance, for companies that voluntarily adhere to corporate governance practices beyond those required by Brazilian legislation;

INDEXES

  • B3: In 2022, we were listed on the 2023 portfolio of the:
    • ISE – Corporate Sustainability Index – Cogna is the first company in the education sector to be listed on the ISE;
    • ICO2 – Carbon Efficient Index;
    • IGPTW – Index Great Place to Work;
  • 2023 Bloomberg Gender Equality Index
  • TEVA – Woman in Leadership: The only education company on the index.

ESG Governance: People and ESG Committee – an advisory committee for the Board of Directors – for managing the company’s sustainability strategy and agenda;

Cogna Confidential Channel with data managed by an independent company and guarantee of internal investigation;

We have a cybersecurity program focused on preventive measures, such as corporate training, phishing tests, workshops, and technical measures aimed at protecting the digital perimeter to prevent incidents linked with the technological environment that supports the company’s business;

Publication of the Cogna Sustainability Report since 2015 applying GRI (Global Reporting Initiative) methodology; in 2021 the report incorporated SASB education sector indicators and the World Economic Forum’s (WEF) IBC Stakeholder Capitalism Metrics;

Transparency: material indicators of the ESG aspects reported quarterly (access here).

RATINGS

  • Sustainalytics:
    • 1st place globally in Education;
    • 1st place in Brazil in Education;
    • 2nd place globally in Customer Services;
  • S&P Global:
    • 1st place in Brazil in Education;
    • 2nd place globally in Consumer Services;
    • SOMOS Educação in 6th place globally in Consumer Services;
  • Refinitiv:
    • 1st place among national peers.
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