Fenbi Sustainability Profile
Fenbi, officially known as Fenbi Education Technology Co., Ltd., is a leading player in the education technology sector, headquartered in China (CN). Founded in 2013, the company has rapidly expanded its operations across major regions in Asia, focusing on innovative online learning solutions. Specialising in personalised education services, Fenbi offers a range of products, including adaptive learning platforms and comprehensive tutoring services. What sets Fenbi apart is its commitment to leveraging advanced technology to enhance student engagement and learning outcomes. With a strong market position, Fenbi has achieved notable milestones, including significant user growth and partnerships with educational institutions. The company continues to redefine the landscape of online education, making quality learning accessible to a broader audience.
DitchCarbon Score
How does Fenbi'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 Business 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
Fenbi's score of 35 is higher than 60% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Fenbi's reported carbon emissions
In 2024, Fenbi reported total carbon emissions of approximately 131,112,860 kg CO2e, with Scope 1 emissions at about 177,140 kg CO2e, Scope 2 emissions at approximately 7,089,350 kg CO2e, and a significant contribution from Scope 3 emissions, which totalled around 122,379,100 kg CO2e. The previous year, 2023, saw total emissions of about 169,854,320 kg CO2e, with Scope 1 at approximately 157,980 kg CO2e, Scope 2 at around 6,658,110 kg CO2e, and Scope 3 emissions reaching about 162,561,590 kg CO2e. Fenbi has not disclosed any specific reduction targets or initiatives as part of its climate commitments. The absence of documented reduction targets suggests that the company may be in the early stages of developing a comprehensive climate strategy. Furthermore, there is no indication of emissions data being cascaded from a parent or related organization, as all reported figures are directly attributed to Fenbi Ltd. Overall, Fenbi's emissions profile highlights the need for enhanced climate action and strategic planning to address its carbon footprint effectively.
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| 2022 | 2023 | 2024 | |
|---|---|---|---|
| Scope 1 | - | 000,000 | 000,000 |
| Scope 2 | 4,404,230 | 0,000,000 | 0,000,000 |
| Scope 3 | 143,582,400 | 000,000,000 | 000,000,000 |
How Carbon Intensive is Fenbi's Industry?
How Carbon Intensive is Fenbi's Location?
Fenbi's Scope 3 Categories Breakdown
Fenbi's Scope 3 emissions, which decreased by 25% last year and decreased by approximately 15% 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 "Business Travel" being the primary emissions source at 1% of Scope 3 emissions.
Top Scope 3 Categories
Fenbi'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.
Fenbi 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.
