- Changes in general market conditions and perceptions of private education.
- Changes in the regulatory environment in the PRC education industry.
- Competition from other school operators.
- Potential expansion into other regions in Southwest China.
- Availability of financing to fund expansion and operations.
- Risks associated with structured contracts due to PRC regulations on foreign ownership in the education sector.
Virscend Education Company Limited
Greenhouse gas emissions & sustainability report data
In its 2017 reporting, Virscend Education Company Limited disclosed greenhouse gas emissions of 23.3K tCO2e/year. By scope: Scope 1: 10.4K tCO2e/year; Scope 2: 12.8K tCO2e/year; Scope 3: 10.28 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
23.3K tCO2e/year
2017
Water Usage
3.8M Metric tons/year
2017
Waste
4.8K tons/year
2017
Energy Use
2.4K Ten thousand kWh/year
2017
📊 Emissions by Scope (2017)
| Scope | What it covers | Reported value |
|---|---|---|
| Scope 1 | Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions). | 10.4K tCO2e/year |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 12.8K tCO2e/year |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 10.28 tCO2e/year |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
✅ Reported Environmental Achievements
- Reduced greenhouse gas emissions through energy-saving initiatives (e.g., using energy-saving lamps, reducing business trips).
- Saved approximately 18,015 metric tons of water and 207,000 kWh of electricity.
- Achieved 100% safe disposal rate of hazardous waste.
- Implemented water and electricity cut-off during holidays.
🎯 Climate & Sustainability Targets
🔜 Short-term
- Open one new campus in Dazhou Quxian in 2018.
📅 Medium-term
- Open one new primary school in Chengdu in 2020.
🌱 ESG Focus Areas
Environmental ProtectionHealth and SafetyEmployee RightsTeaching QualitySupply Chain ManagementCommunity ContributionsAnti-Corruption