New Oriental Education And Technology
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 78% 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. This figure includes 2,923,760 kg CO2e from Scope 1 emissions and 108,356,860 kg CO2e from Scope 2 emissions. Notably, the company has not disclosed any data related to Scope 3 emissions. Despite the significant emissions reported, there are currently no specific reduction targets or climate commitments outlined by New Oriental Education and Technology. The absence of documented reduction initiatives or climate pledges suggests that the company may still be in the early stages of developing a comprehensive climate strategy. As the education sector increasingly prioritises sustainability, New Oriental's future commitments to carbon reduction will be crucial in aligning with industry standards and addressing climate change effectively.
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| 2020 | |
|---|---|
| Scope 1 | 2,923,760 |
| Scope 2 | 108,356,860 |
| Scope 3 | - |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
New Oriental Education And Technology is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
