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 91% 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 2023, New Oriental Education and Technology reported total carbon emissions of approximately 1,022,170 kg CO2e, all of which were classified under Scope 2 emissions. This marked a slight decrease from 2022, when emissions were about 1,034,470 kg CO2e, also entirely from Scope 2. The company has shown a significant reduction trend over the years, with emissions dropping from about 2,490,410 kg CO2e in 2021 and 11,128,062 kg CO2e in 2020. Despite these reductions, New Oriental has not disclosed any specific reduction targets or initiatives related to the Science Based Targets initiative (SBTi) or other climate pledges. The absence of Scope 1 and Scope 3 emissions data suggests a potential area for improvement in their overall emissions reporting and climate strategy. As the company continues to navigate its environmental impact, further transparency and commitment to comprehensive climate goals may enhance its sustainability profile.
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| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | 2,923,760 | - | - | - |
| Scope 2 | 108,356,860 | 0,000,000 | 0,000,000 | 0,000,000 |
| 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.
