| Invested through |
|
|---|---|
| Asset Classes | Listed equity |
| Impact strategy | Impact Equities and Bonds |
| Bloomberg ticker | PSON LN |
| ISIN code | GB0006776081 |
| Industry group | Media and Entertainment |
| Aligned with SDGs |
Founded in 1844 in England as a construction business, Pearson switched to publishing in the 1920s. Once the largest book publisher in the world, since 2015 the company exclusively focuses on education. Headquartered in London, Pearson operates in around 70 countries across the world
Pearson provides educational materials and services to institutions, governments, and individual learners in various countries. The company offers services as well as content, from test creation, administration and processing to teacher development and school software. It also owns and operates colleges and schools. Its activities are divided into five business divisions: Virtual Learning, Higher Education, English Language Learning, Workforce Skills, and Assessment and Qualifications.
Investment rationale
Pearson delivers a positive social impact thanks to its educational focus and its global reach. The company addresses several of the United Nation’s Sustainable Development Goals: 4. Quality education (directly aligned with Pearson’s mission, capabilities, and public commitment), 8. Decent work and economic growth (products and services that ensure learners acquire the knowledge and capabilities they need for employment and empowerment) and 10. Reduced inequalities (develop inclusive products and services that are compatible with every learner’s needs). Education empowers people and is key in fighting inequality and promoting active engagement.