Fenbi
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 27 is higher than 54% 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 2023, Fenbi reported total carbon emissions of approximately 169,854,320 kg CO2e. This figure includes 157,980 kg CO2e from Scope 1 emissions, 6,658,110 kg CO2e from Scope 2 emissions, and a significant 162,561,590 kg CO2e from Scope 3 emissions, which encompasses business travel emissions of 426,460 kg CO2e. Comparatively, in 2022, the total emissions were about 147,986,630 kg CO2e, with Scope 2 emissions at 4,404,230 kg CO2e and Scope 3 emissions at 143,582,400 kg CO2e. The increase in emissions from 2022 to 2023 indicates a growing environmental impact, particularly in Scope 3 emissions. Despite the rising emissions, there are currently no disclosed reduction targets or climate pledges from Fenbi, which suggests a need for enhanced commitment to sustainability and carbon reduction initiatives. The absence of specific reduction strategies highlights an opportunity for Fenbi to align with industry standards and enhance its climate commitments.
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| 2022 | 2023 | |
|---|---|---|
| Scope 1 | - | 000,000 |
| Scope 2 | 4,404,230 | 0,000,000 |
| Scope 3 | 143,582,400 | 000,000,000 |
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.
Fenbi 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.
