FOLSOM, Calif.–(BUSINESS WIRE)–PowerSchool(NYSE: PWSC), North America’s largest provider of cloud-based K-12 education software, today announced the publication its inaugural Environmental, Social and Governance ReportThe report details its progress on key ESG projects, its approach to building more sustainable futures, and its unwavering focus upon improving student outcomes.
Hardeep Gulati CEO of PowerSchool said that they are excited to embark on the next stage of their ESG journey. This will allow us to achieve our goal of creating social change in education, making positive contributions the environment, and continuing to create diverse workforces. Our ESG philosophy and mission as a company are shaped by our unwavering passion for and commitment to educators and students. We look forward to working towards our ESG goals and being an agent for change in the world.
PowerSchools approach is to ESG based on five key pillars. These represent the opportunities most relevant to the company and key stakeholder today.
- Social impact leverages PowerSchool technology and talent to create social impact in education at scale
- PowerSchool employees create a diverse and inclusive work environment that empowers them in delivering the best results for customers
- Responsible business continues to promote transparency, integrity, trustworthiness, and a culture that values ethics.
- Data privacy & security upholding PowerSchools’ commitment to being a good custodian student data
- Environmental responsibility: Managing environmental responsibility, conserving resources, and reducing pollution while still making positive contributions to society.
The report is the culmination of many years of PowerSchool’s ESG efforts. It highlights many milestones that were reached in 2021, which have increased social impact and focused on employee diversity.
- The PowerSchool Education Fund has disbursed over $820k to address the national teacher shortage, diversity gap, and support equitable access to technology and resources.
- DonorsChoose funded 332 classroom projects for 231 teachers at 108 schools. This funding will help to complete hundreds of projects for schools in low-income communities.
- Promoting gender equality, with more than 41% of PowerSchools’ total workforce being women and 44% in management positions in the US.
- Eight employee resource groups (ERGs), promoting diversity in the workforce, support the inclusion of employees from different backgrounds.
The report conforms to recognized guidelines like the Sustainability Accounting Standards Board Standards Standards (SASB), and Global Reporting Initiative standard (GRI). You can access the PowerSchools ESG and sustainability information pages. 2021 ESG reportVisit our ESG pageOn PowerSchools Investor Relations website.
About PowerSchool
PowerSchool (NYSE, PWSC) is North America’s largest provider of cloud-based software solutions for K-12 education. Its mission is to empower the education ecosystem with unified technology that enables educators and students to realize their full potential in their own way. PowerSchool connects students, parents, teachers, administrators, as well as parents with the common goal of improving student outcomes. It helps schools and districts manage state reporting, compliance, special education and finance. It also assists with talent, registration, attendance and funding. PowerSchool has over 45 million students worldwide and more than 14,000 customers. This includes over 90 of the top 100 student enrollment districts in the United States. It also sells solutions in more than 90 countries. Visit www.powerschool.comTo learn more.
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