Climate Change Data

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)