Insights

Today, we released our second annual Impact Report, highlighting our organization's collective impact for the calendar year 2023. This report gives us an opportunity to regularly assess and celebrate the progress we have made toward our purpose, both internally and externally. It represents our commitment to intentionally prioritizing impact within the Cambium community.

In this year's report, we speak candidly about the challenges students, educators and families continue to face. Of particular note in this moment:

• Less than a third of U.S. students in grades 4 and 8 are reading on grade level, while just over a third are proficient in grade level math.
• Administrator turnover has hit all-time highs and teacher turnover has increased sharply since the pandemic.
• Less than a third of U.S. teachers report that they feel equipped to teach foundational literacy skills based on the science of how students learn.
• These challenges are compounded for historically marginalized communities.

These challenges remind us of the importance of our strategic focus on the intersection of greatest need in K-12 education and greatest opportunity to make meaningful change through the power of intentional technology and technology-enabled solutions.

In addition to giving voice to challenges and charting a clear course forward for deepening and widening our support for educators, students, families and our employees, this annual report also celebrates and recognizes the progress we've made within the Cambium community and the work still to be done as leaders in the K-12 education ecosystem. Alongside human stories, metrics provide important insight into how we are delivering even greater combined impact. 2023 examples include:

• 1M more students used Cambium resources than reported in 2022, totaling 30M+ students served across 170+ countries, including 12.4M U.S. students who are Black, Indigenous, and/or people of color (BIPOC). In total, Cambium now serves 95% of US school districts and 42% of the US student population.
• 100K more teachers relied on Cambium solutions than in 2022, totaling 2.7M+ teachers served in 2023.
• Each Cambium employee supported on average 9,502 students and 665 teachers.
• Cambium employees contributed more than 6,000 volunteer hours with education organizations in their local communities during 2023.

This year's report also highlights the work of Cambium's brands, which have continued to grow their impact. For example:

• In 2023, Lexia supported 44% more teachers than the previous year.
• Learning A-Z supported 1 in 5 US classrooms, while Time4Learning served 228K students who sought a home-based option for learning.
• 54% of students who started the year significantly behind and used Lexia^® Core5^® caught up by two or more grade levels within just one year.
• ExploreLearning Frax users were 50% more likely to meet or surpass growth benchmarks compared to non-users.
• Cambium Assessment supported 15.7M students with formative, interim, summative and practice assessments.

In addition to sharing about the outcomes we create for the K-12 education community, the report also includes updates on our progress to become a more diverse, equitable and inclusive employee community, where all employees experience a sense of belonging. Metrics include:

• 50% of Cambium's executive team are women.
• 23% of employees in leadership positions (VP or SVP) identify as BIPOC.
• 61% of employees are women - which is 35% over the national tech industry average.
• 91% of Cambium employees expressed pride in working at Cambium and 92% felt inspired by our purpose.

To accelerate improved outcomes, broaden equitable access to opportunity, and nurture a foundation of trust, Cambium is committed to delivering essential solutions for today's K-12 educators and students that safely and effectively leverage innovative technology like artificial intelligence (AI) and machine learning (ML). Cambium recently shared a new video showcasing effective and equitable ways to leverage AI and ML as one of its key strategic imperatives. You can watch the video here. 

I am proud of the work and outcomes this report represents. These insights help inform our work as we push to improve outcomes for the people we serve and continue to cultivate our culture as worthy stewards of our customers' trust. I thank all of our teams for their time and dedication to providing the thoughtful metrics and stories that highlight our impact over the past year.

Download Cambium's 2023 Impact Report to read real-world stories from Cambium's family of brands.