RISE Education Cayman Ltd Sustainability Profile
RISE Education Cayman Ltd., commonly referred to as RISE, is a prominent player in the education technology sector, headquartered in the Cayman Islands (CN). Founded in 2015, the company has rapidly expanded its operations across major regions, including Asia and North America, establishing a strong presence in the online education market. Specialising in innovative learning solutions, RISE offers a range of core products and services, including interactive online courses and personalised tutoring. What sets RISE apart is its commitment to leveraging advanced technology to enhance educational outcomes, making learning more accessible and engaging for students. With a focus on quality and effectiveness, RISE Education has achieved notable milestones, positioning itself as a leader in the industry. Its dedication to fostering academic success and continuous improvement has earned the company recognition and trust among educators and learners alike.
DitchCarbon Score
How does RISE Education Cayman Ltd'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 Motor Vehicle Retail 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
RISE Education Cayman Ltd's score of 36 is higher than 56% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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RISE Education Cayman Ltd, headquartered in China (CN), currently does not report specific carbon emissions data for the most recent year, as indicated by the absence of emissions figures. The company is part of a corporate family that includes NaaS Technology Inc., from which it inherits climate-related commitments and performance metrics. While RISE Education Cayman Ltd has not established its own reduction targets or specific climate pledges, it aligns with the sustainability initiatives of NaaS Technology Inc. This includes participation in frameworks such as the Science Based Targets initiative (SBTi) and the Carbon Disclosure Project (CDP), which are aimed at promoting transparency and accountability in carbon emissions management. As a merged entity, RISE Education Cayman Ltd's climate commitments are influenced by the broader goals set by NaaS Technology Inc. However, specific details regarding reduction targets or achievements have not been disclosed. The company is positioned within an industry increasingly focused on climate action, yet it currently lacks defined metrics to quantify its carbon footprint or reduction efforts.
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| 2022 | 2023 | |
|---|---|---|
| Scope 1 | 51,510 | 00,000 |
| Scope 2 | 99,940 | 000,000 |
| Scope 3 | 2,519,640 | 0,000,000 |
How Carbon Intensive is RISE Education Cayman Ltd's Industry?
How Carbon Intensive is RISE Education Cayman Ltd's Location?
RISE Education Cayman Ltd's Scope 3 Categories Breakdown
RISE Education Cayman Ltd's Scope 3 emissions, which increased by 24% last year and increased by approximately 24% since 2022, demonstrating supply chain emissions tracking. The vast majority of their carbon footprint comes from suppliers and value chain emissions, representing the vast majority of total emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 79% of Scope 3 emissions.
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RISE Education Cayman Ltd'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.
RISE Education Cayman Ltd 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.
