Education
The need for accurate ESG reporting impacts every industry and the education sector is no exception. Educational institutions and awarding bodies must ensure they are meeting sustainability and ethical standards within their buildings and workforce, and keep their environmental impact as low as possible. This can include addressing their environmental footprint through measures such as retrofitting buildings to improve energy efficiency, or appointing an ESG officer to prevent conflicts of interest at a trustee or governor level.
As the EU’s new 2024 ESG reporting standards and frameworks come into play, the education sector will be facing increased pressures to comply with regulations and keep up with reporting requirements. These new regulations are designed to enhance transparency, accountability, and sustainability across all industries, including education, which is a positive step towards a more responsible and sustainable future. However, this shift will inevitably add to the workload of institutions already grappling with existing ESG obligations.