IDP Education Limited
Climate Impact & Sustainability Data (2022, 2023)
Reporting Period: 2022
Environmental Metrics
ESG Focus Areas
- Supporting our people
- Exceptional customer experience
- Positive social and community impact
- Caring for the environment and climate action
- Responsible business practices and good governance
- Respecting human rights
Environmental Achievements
- Measuring and monitoring carbon emissions across Scope 1, 2, and 3 and implementing an ongoing emissions reduction plan globally
- Embedding and maintaining sustainable procurement practices
Social Achievements
- Creating equal opportunities and inclusive work environments
- Providing a safe working environment and supporting employee wellbeing
- Providing equitable access to learning and development opportunities
- Forming partnerships with community organizations
- Supporting individuals to access life-changing education through strategic community investment
Governance Achievements
- Developing strategies, objectives, policies, and targets to sustain ethical behavior
- Respecting the rights of all stakeholders
- Zero-tolerance policy for corruption, bribery, and fraud
- Compliance with all relevant legislation and corporate governance guidelines
Climate Goals & Targets
Supply Chain Management
Responsible Procurement
- embedding and maintaining sustainable procurement practices and behaviours throughout our organisation
Climate-Related Risks & Opportunities
Reporting Period: 2023
Environmental Metrics
Total Carbon Emissions:44,936 tonnes CO2e (FY22)
Scope 1 Emissions:0%
Scope 2 Emissions:14%
Scope 3 Emissions:86%
ESG Focus Areas
- Modern slavery prevention
- Duty of care and student outcomes
- Social mobility and equality in education
- Diversity and inclusion
- Policy influence and advocacy
- Climate change resilience
- Resource management
- Community investment and philanthropy
- Anti-bribery and fraud
- Wellbeing, health and safety
- Compliance in an international context
- Talent attraction, development and retention
- Culture, satisfaction and engagement
- Customer satisfaction in a high-growth context
- Cybersecurity and data privacy
- Business credibility, integrity and ethics
- Decarbonisation and energy efficiency
Environmental Achievements
- Developed an emissions reduction plan focusing on strong governance, quality data, and education and engagement; became a signatory to the Climate Action Network for International Educators (CANIE) Accord.
Social Achievements
- Recognised by the Workplace Gender Equality Agency (WGEA) as an Employer of Choice for Gender Equality in Australia; officially recognised as a Great Place to Work in Australia, India and Sri Lanka; welcomed Intake Education team, expanding global presence and offering more course options; launched ‘Thrive’ program in Australia to foster student connection and support.
- Improved student Net Promoter Score (NPS) by 13 points over four years; IDP Live app users rated three NPS points higher, and FastLane users 11 points higher than non-users.
Governance Achievements
- Updated Workplace Health & Safety and Whistleblower policies; conducted annual global compliance training focusing on Code of Conduct; enhanced risk assessment process and supplier governance to address modern slavery concerns; expanded risk assessments to include Student Essentials partners; conducted Middle East and Africa anti-bribery workshop and developed risk treatment plans to enhance training; strengthened cybersecurity and data protection processes.
Climate Goals & Targets
Long-term Goals:
- Not disclosed
Medium-term Goals:
- Gender balance in Global Leadership Team by 2027; gender balance in senior leaders by 2030.
Short-term Goals:
- Establish regional environment committees to explore emissions reduction opportunities; conduct initial climate risk assessment.
Environmental Challenges
- Supply chain disruptions
- Climate change impacts
- Geopolitical instability
- Regulatory changes in destination countries
- Competition from other education service providers and English language tests
- Cybersecurity threats
- Managing regulatory and compliance risks across multiple countries
- Visa processing delays and higher visa rejection rates in some countries
- Lower demand for Canadian-bound testing from India due to visa issues and waning sentiment
- Reallocation of university marketing budgets from digital marketing to travel and events in the UK
Mitigation Strategies
- Investing in digital transformation and omni-channel footprint; leveraging unique customer insights and digital capabilities to create services that delight customers and increase productivity; expanding physical and digital reach; acquiring Intake Education and The Ambassador Platform; scaling centralised application processing hubs; deploying lead prioritisation algorithms; using data to power proprietary algorithms; investing in new technologies and digital innovation; enhancing cybersecurity and data protection processes; updating policies and providing training; conducting regular audits; implementing emissions reduction plan; collaborating with others in the sector on climate action; managing foreign currency exchange rate risk using forward exchange contracts and currency option contracts; managing exposure to external risks through organisational resilience measures.
Supply Chain Management
Responsible Procurement
- Supplier Code of Conduct
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: Global Reporting Initiative (GRI) Standards, International Sustainability Standards Board (ISSB), UN Sustainable Development Goals
Certifications: Great Place to Work® (Australia, India, Sri Lanka), WGEA Employer of Choice for Gender Equality (Australia)
Awards & Recognition
- Great Place to Work® (Australia, India, Sri Lanka)
- WGEA Employer of Choice for Gender Equality (Australia)