New Oriental Education And Technology Sustainability Profile
New Oriental Education and Technology Group Inc., commonly known as New Oriental, is a leading provider of educational services based in China. Founded in 1993, the company has established a strong presence across major operational regions, including Beijing, Shanghai, and other key cities throughout the country. Specialising in language training, test preparation, and online education, New Oriental offers a diverse range of core products and services that cater to students of all ages. Its unique blend of traditional classroom instruction and innovative online learning platforms sets it apart in the competitive education sector. With a commitment to quality education, New Oriental has achieved significant milestones, including being the first Chinese education company listed on the New York Stock Exchange. This market position underscores its reputation as a trusted leader in the industry, continually adapting to meet the evolving needs of learners.
DitchCarbon Score
How does New Oriental Education And Technology's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Education Services industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
New Oriental Education And Technology's score of 22 is lower than 74% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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New Oriental Education And Technology's reported carbon emissions
In 2020, New Oriental Education and Technology, headquartered in China, reported total carbon emissions of approximately 111,280,620 kg CO2e, which includes 2,923,760 kg CO2e from Scope 1 and 108,356,860 kg CO2e from Scope 2 emissions. The company has not disclosed any Scope 3 emissions data. Despite the significant emissions figures, New Oriental has not set specific reduction targets or climate pledges, indicating a lack of formal commitments to reduce their carbon footprint. The absence of Science-Based Targets Initiative (SBTi) reduction targets further highlights this gap in their climate strategy. As part of their corporate responsibility, New Oriental Education and Technology Group Inc. is expected to align with industry standards for climate action, but currently, there are no documented initiatives or commitments to reduce emissions.
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| 2020 | |
|---|---|
| Scope 1 | 2,923,760 |
| Scope 2 | 108,356,860 |
| Scope 3 | - |
How Carbon Intensive is New Oriental Education And Technology's Industry?
How Carbon Intensive is New Oriental Education And Technology's Location?
New Oriental Education And Technology's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
New Oriental Education And Technology has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
