Neusoft Education Technology Co. Limited

Greenhouse gas emissions & sustainability report data

📊 Latest report period: 2022🗂️ Report periods on file: 2022

In its 2022 reporting, Neusoft Education Technology Co. Limited disclosed greenhouse gas emissions of 21.9K tCO2e/year (Scopes 1 and 2). By scope: Scope 1: 223.17 tCO2e/year; Scope 2: 21.7K tCO2e/year. Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.

💨
GHG Emissions
21.9K tCO2e/year (Scopes 1 and 2)
2022
💧
Water Usage
1.0M tonnes/year
2022
♻️
Waste
13.9K tonnes/year (non-hazardous)
2022
⚙️
Energy Use
37.4M kWh/year
2022

📊 Emissions by Scope (2022)

ScopeWhat it coversReported value
Scope 1Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions).223.17 tCO2e/year
Scope 2Indirect emissions from purchased electricity, steam, heat and cooling.21.7K tCO2e/year

New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.

✅ Reported Environmental Achievements

🎯 Climate & Sustainability Targets

🔜 Short-term

  • Further improve the quality of education services and brand influence.
  • Expand the scale of industrial colleges and improve delivery quality and efficiency.

📅 Medium-term

  • Gradually reduce per capita electricity consumption, per capita water consumption, waste generation, and greenhouse gas emissions.

🔭 Long-term

  • Become a leading education service provider of digital talents in China.

🌱 ESG Focus Areas

Cultivating Talents and Focusing on Student DevelopmentCompliance First, Stable Business OperationPeople-oriented, Establishing an Outstanding WorkforceLeading with Wisdom, Building Safe and Green CampusCaring for the Community, Actively Contributing to the Society

⚠️ Challenges & Risks +

  • Maintaining and raising tuition fee levels.
  • Expanding student enrollments and the number of cooperating universities.
  • Intense competition in the PRC education industry.
  • Uncertainties brought by recent developments of PRC laws relating to private education.
  • Risks relating to contractual arrangements.
  • Potential impact of extreme weather changes due to climate change.

📋 Report Information

Reporting Period: 2022
Frameworks: Appendix 27 of the Listing Rules of the Stock Exchange of Hong Kong, Environmental, Social, and Governance Reporting Guide