Virscend Education Company Limited Sustainability Profile
Virscend Education Company Limited, headquartered in China, is a leading player in the education technology sector, specialising in innovative digital learning solutions. Founded in 2015, the company has rapidly expanded its operations across various regions, focusing on enhancing educational experiences through advanced technology. Virscend's core offerings include cloud-based learning platforms and interactive educational tools that cater to both K-12 and higher education institutions. What sets Virscend apart is its commitment to integrating cutting-edge technology with pedagogical best practices, ensuring that learners receive a comprehensive and engaging educational experience. With a strong market position, Virscend has achieved notable milestones, including partnerships with numerous educational institutions and recognition for its contributions to the digital transformation of education. As the company continues to evolve, it remains dedicated to shaping the future of learning through innovation and excellence.
DitchCarbon Score
How does Virscend Education Company Limited'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
Virscend Education Company Limited's score of 30 is higher than 59% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Virscend Education Company Limited's reported carbon emissions
In 2024, Virscend Education Company Limited reported total carbon emissions of approximately 24,343,000 kg CO2e, comprising about 6,868,000 kg CO2e from Scope 1 and about 17,476,000 kg CO2e from Scope 2 emissions. This represents a decrease from 2023, where total emissions were about 26,709,000 kg CO2e, with Scope 1 emissions at approximately 6,328,000 kg CO2e and Scope 2 emissions at about 20,381,000 kg CO2e. Over the past few years, the company has shown a trend of reducing its carbon footprint, with total emissions decreasing from about 38,304,670 kg CO2e in 2020 to the latest figure in 2024. Notably, emissions in 2022 were about 19,688,000 kg CO2e, indicating a significant reduction over the years. Virscend Education has not disclosed any Scope 3 emissions data, nor have they set specific reduction targets or initiatives under the Science Based Targets initiative (SBTi). The company has not made any formal climate pledges or commitments to further reduce emissions at this time. Overall, Virscend Education Company Limited is actively working towards lowering its carbon emissions, reflecting a commitment to sustainability within the education sector.
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| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Scope 1 | 16,079,130 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 22,225,540 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | - | - | - |
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Virscend Education Company Limited'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.
Virscend Education Company Limited 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.
