THE PRESSURE ON SCHOOLS
Schools are being scrutinised like never before
Organisations in every market in the world are under immense pressure to be more transparent on Environmental, Social & Governance risks. They are being evaluated and measured by governments, banks, partners, suppliers, parents and board members.
FY 2027
Mandatory ESG reporting for schools
Reporting becomes mandatory for Australian schools in FY 2027 when the school meets either of the following thresholds:
Assets valued over AUD $25m
Turnover over AUD $50m
LEADING PRACTICE
Education organisations that meet ESG standards should
01
Ensure the quality and relevance of their study programs
02
Develop programs to differentiate themselves from their peers
03
Understand macroeconomic, microeconomic and regulatory changes
04
Demonstrate credibility to employers and the greater education system
ESG & Sustainability for Schools
-
Develop a robust reporting program with actionable targets
-
Mandatory ESG Reporting for all education businesses with over AUD $25m in assets
-
Ensure good governance, risk management and responsible business practices each department
​
Educate Shared Values
-
Create initiatives where students can contribute to creating a better world
-
Create a culture to meet the schools Social Licence to Operate
-
Equip students with the knowledge, skills and capabilities to have a positive impact on society
​
Improve Asset Performance
-
Introduce solutions such as energy-as-a-service to facilitate energy efficiency upgrades
-
Reduce energy costs without impacting the schools budget by using Power Purchase Agreements
-
Measure and manage real-time asset energy, waste and water data
-
Manage campuses that are involved in the transition to a low carbon and resource-efficient economy
