IU Group N.V.
Bavaria, Germany
November 2023
Higher education
Service with Significant Environmental Footprint
Austria,
Belgium,
Canada,
Germany,
United Kingdom
With over 100,000 students enrolled, IU Group, holding company behind IU - International University of Applied Sciences, is Germany’s largest private university group. IU provides a well-diversified mix of online degree courses, part-time studies and on-campus learning. We are a pioneer in delivering high-quality education, leveraging technology and innovation to meet the changing needs of students. Today, our vertically-integrated education platform offers the largest portfolio of Bachelor’s and Master’s degree programmes in Europe with more than 200 accredited courses in German in English. We cooperate with more than 15,000 enterprises and actively support them in their people development including in high-demand areas such as business administration, data & artificial intelligence and technology. The company was founded in 2000 and is now present in over 40 German cities. Behind IU Group are more than 4,000 employees from more than 87 nationalities. In 2023 the British London Institute of Banking & Finance (LIBF) as well as the Canadian University of Fredericton (UFred) were acquired by IU Group and joined their path of revolutionizing online education.
Overall B Impact Score
Governance 13.4
Governance evaluates a company's overall mission, engagement around its social/environmental impact, ethics, and transparency. This section also evaluates the ability of a company to protect their mission and formally consider stakeholders in decision making through their corporate structure (e.g. benefit corporation) or corporate governing documents.
What is this? A company with an Impact Business Model is intentionally designed to create a specific positive outcome for one of its stakeholders - such as workers, community, environment, or customers.
Governance 13.4
Governance evaluates a company's overall mission, engagement around its social/environmental impact, ethics, and transparency. This section also evaluates the ability of a company to protect their mission and formally consider stakeholders in decision making through their corporate structure (e.g. benefit corporation) or corporate governing documents.
What is this? A company with an Impact Business Model is intentionally designed to create a specific positive outcome for one of its stakeholders - such as workers, community, environment, or customers.
Workers 17.9
Workers evaluates a company’s contributions to its employees’ financial security, health & safety, wellness, career development, and engagement & satisfaction. In addition, this section recognizes business models designed to benefit workers, such as companies that are at least 40% owned by non-executive employees and those that have workforce development programs to support individuals with barriers to employment.
Community 12.9
Community evaluates a company’s engagement with and impact on the communities in which it operates, hires from, and sources from. Topics include diversity, equity & inclusion, economic impact, civic engagement, charitable giving, and supply chain management. In addition, this section recognizes business models that are designed to address specific community-oriented problems, such as poverty alleviation through fair trade sourcing or distribution via microenterprises, producer cooperative models, locally focused economic development, and formal charitable giving commitments.
Environment 15.2
Environment evaluates a company’s overall environmental management practices as well as its impact on the air, climate, water, land, and biodiversity. This includes the direct impact of a company’s operations and, when applicable its supply chain and distribution channels. This section also recognizes companies with environmentally innovative production processes and those that sell products or services that have a positive environmental impact. Some examples might include products and services that create renewable energy, reduce consumption or waste, conserve land or wildlife, provide less toxic alternatives to the market, or educate people about environmental problems.
Customers 30.7
Customers evaluates a company’s stewardship of its customers through the quality of its products and services, ethical marketing, data privacy and security, and feedback channels. In addition, this section recognizes products or services that are designed to address a particular social problem for or through its customers, such as health or educational products, arts & media products, serving underserved customers/clients, and services that improve the social impact of other businesses or organizations.
What is this? A company with an Impact Business Model is intentionally designed to create a specific positive outcome for one of its stakeholders - such as workers, community, environment, or customers.