Far Eastern University Inc 2023 AR2
The report highlights Far Eastern University's (FEU) transition back to in-person learning post-pandemic, achieving a record enrollment of 51,000 students in the 2022-2023 fiscal year. Financially, the FEU Group of Schools saw a 20% increase in revenue to P5 billion and a 23% increase in net income to P1.9 billion. On sustainability, FEU reduced its power consumption by 6.99% compared to the pre-pandemic period, with 35% of its energy sourced from clean, renewable energy. Additionally, FEU Alabang achieved the country's first EDGE green-building certification for an academic building, and the university diverted 22,000 kg of recyclable waste from landfills.
Company: Far Eastern University Inc
Sector: Consumer Discretionary
Country: Philippines
Year: 2023
Type: AR2
Pages: 52
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Far Eastern University Inc
Annual Report
The report highlights Far Eastern University's (FEU) transition back to in-person learning post-pandemic, achieving a record enrollment of 51,000 students in the 2022-2023 fiscal year. Financially, the FEU Group of Schools saw a 20% increase in revenue to P5 billion and a 23% increase in net income to P1.9 billion. On sustainability, FEU reduced its power consumption by 6.99% compared to the pre-pandemic period, with 35% of its energy sourced from clean, renewable energy. Additionally, FEU Alabang achieved the country's first EDGE green-building certification for an academic building, and the university diverted 22,000 kg of recyclable waste from landfills.
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Document Details
Report Year
2023
Reporting Period
Jun 1, 2022 - May 31, 2023
Fiscal Year
2023
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Renewable Energy
Employees