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According to new research1 from specialist insurer Ecclesiastical, a survey of 112 independent school bursars across England and Wales highlighted that ‘becoming more sustainable’ is a priority. Three-quarters (74%) agree that a carbon reduction programme will be part of their school’s marketing material for current and prospective parents. Many are already beginning to adapt, changing to LED lighting, undertaking boiler replacements and reviews, using Solar Photovoltaic (PV) and renewable energy, and installing electric vehicle (EV) charging on-site.
Independent schools across the country are set to make significant investments in sustainable buildings and infrastructure in the coming years. The amount of planned investment to improve sustainability is higher in the next three and five years than in the next 12 months, with nearly two-thirds (64%) planning to invest more than £100,000 within the next five years.
The cost of funding these projects is a notable concern for many schools. Nearly two-thirds (63%) currently have the funds available for their plans, with some of those who do not have the funds saying they need to re-prioritise areas of investment to achieve their carbon reduction ambitions. Nearly four in five (78%) independent schools say going over budget is the biggest concern when investing in new eco-friendly school buildings and sustainable technologies.
Less than a quarter (23%) of those who say improving sustainability is part of their five-year plan have informed their insurance company, with many saying it is too early in the project to need to inform their insurer. When considering a new school building or sustainability project, it is important to consult all interested parties at the earliest stage.
“It is encouraging to see independent schools in the UK showing increased concern for their environmental impact and wanting to carry out sustainable projects. A number of schools have already begun, or are at least planning, to introduce more day-to-day environmentally friendly initiatives. These include banning single-use plastic, encouraging car sharing schemes for staff, and introducing cycle to work schemes for them. When it comes to the larger-scale investment plans that independent schools have for the coming years, it is crucial that they receive adequate risk guidance.
“We are passionate about supporting the education sector in its sustainability ambitions, although projects can present risks and challenges. We advise that schools consult all interested parties as early as possible. Involving brokers and insurers at the design and planning stage can help mitigate risks, and they can advise on all protection measures needed. Such projects can also be costly, so schools may need to review their investment priorities in order to accommodate them.”
“Independent schools have been working towards net zero for some time, but with a renewed determination and zeal in the past two years. It is emerging as a significant factor in the choices parents are making for their children’s school, and children themselves are unswerving advocates for environmental sustainability in all its forms. The survey results are very encouraging and underline the work the Association has been doing to make information available to the independent school sector.”
Ecclesiastical Insurance offers a range of risk management support and guidance to help independent schools manage the risks they face.
1 Online survey of 112 ISBA members completed in April 2022. The sample includes a mix of independent schools throughout England and Wales. Over a third (38%) of the sample have 750+ pupils, with nearly two-thirds (62%) offering combined pre-prep, prep, and senior school education. 43% are Grade II (Grade B) listed.