Elsmere Education Unveils Inaugural B Corp Impact Report: Charting a Course of Purposeful Progress

Elsmere Education B Corp Impact Report

Denver, CO (March 14, 2024) – Elsmere Education, a leading innovator in online higher education, proudly announces the release of its first Impact Report, showcasing its commitment to social and environmental responsibility. This comprehensive report details the company’s journey towards B Corp certification and highlights its tangible impact on students, university partners, communities, and the environment in 2023.

“Elsmere Education has always believed in the power of education to transform lives,” states Justin McMorrow, Founder and Chairman of the Board. “Our B Corp certification provided a framework to measure and amplify our existing impact, ensuring we stay true to our core values and continuously improve.”

Highlights from the report

Empowering Students & Universities:

  • Over 4400 students enrolled in high-quality online programs, expanding access to higher education.
  • 100% university partner retention in 2023 reflects trust and successful collaborations.
  • Launched EPaaS (Education Process-as-a-Service), an innovative framework that enables universities to build internal capacity yet still use best-in-class processes and systems to serve online and adult learners.
  • Enabled universities to launch new innovative programs with a notable impact on universities and students.

Building a Thriving Workplace:

  • The Denver Post recognized Elsmere Education with a 2023 Top Workplace award: one of the best employers with high-performing people-first cultures. 74% of employees agree Elsmere is a “Great Place to Work,” fostered by strong values, collaboration, and open communication.
  • 87% employee retention rate indicates a positive and supportive work environment.
  • Industry-leading employee benefits and market-driven professional development.

Making a Difference in Communities:

  • 500+ volunteer hours donated by Elsmerians across 23 organizations, impacting education, health, youth development, and the environment.
  • $14,200 in employee donations and $140,000 in company contributions supported various causes.
  • Launched initiatives like a recycling program for Elsmere and all the businesses co-located in their office building complex.

Investing in the Planet:

  • Reduced environmental footprint through responsible practices like recycling and composting.
  • Promoted sustainability awareness through employee education and volunteer opportunities.

“Our B Corp journey is just getting started,” says Dan Janick, CEO of Elsmere Education. “Elsmere has always been a values-based company – and this report marks a significant milestone. We remain committed to pushing boundaries and using our platform to create a positive impact on the world around us.”

Join Elsmere Education as they rewrite the narrative of higher education, one impactful step at a time.

ABOUT ELSMERE EDUCATION

Elsmere Education is a certified B Corp that enables universities to serve non-traditional students and to drive enrollment growth through proven, scalable, and powerful solutions. Elsmere partners with institutions to research, develop, launch, and market academic programs leveraging best-in-class business processes, communication tools, and a curated technology ecosystem. With a focus on capacity building and transparency, Elsmere provides universities ownership and visibility over every decision.

Media contact:
Heli Frazier, SVP,
Marketing Elsmere Education
hfrazier@elsmereeducation.com

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