Janison Education Group Limited
Climate Impact & Sustainability Data (2024)
Reporting Period: 2024
Environmental Metrics
ESG Focus Areas
- Environmental responsibility
- Social responsibility
- Governance
Environmental Achievements
- Transitioned one of the state’s largest paper-based tests online for the NSW Department’s Selective Entrance exams.
- Reduced environmental cost associated with travel to and from testing centres for clients whose students sit exams remotely from home.
- Maintained flexible working policies that help to decrease the need for employee travel, sustaining lower emissions.
- Implemented energy-efficient lighting and waste reduction programs in new co-working offices.
Social Achievements
- Expanded reach to communities by partnering with non-profit organisations and educational institutions to provide digital assessment solutions to underserved student populations in Australia and Kazakhstan.
- Continued to offer several initiatives aimed at employee well-being including mental health programs, flexible working arrangements and professional development opportunities.
- Focused on diversity and inclusion efforts to ensure a workplace culture that values and respects all individuals.
Governance Achievements
- Enhanced cybersecurity measures to protect sensitive data and ensure the integrity of digital assessment platforms.
- Introduced a non-executive director fee-sacrifice equity scheme.
Climate Goals & Targets
Environmental Challenges
- FY24 financial performance did not meet internal aspirations due to the custodial nature of the year and organizational design and cost profile.
- Softness in Janison Assessments despite strong growth in Janison Insights.
- Reduction in gross margin due to a higher amount of Services revenue.
- High degree of customer churn in ICAS and a higher proportion of sales directly to parents.
Mitigation Strategies
- Reshaped cost profile and restructured leadership roles in July 2024, resulting in annualised savings of approximately $4 million.
- Created two new senior enterprise sales positions and engaged external professionals to build the foundation for growing the pipeline of deals.
- Completed a company-wide restructure in August 2024, resulting in the loss of approximately 40 roles.