The higher education industry has been making waves in sustainability for years. We know this from our 37 years of working with colleges across North America, from Arizona to Wisconsin.
Within this A to Z of colleges, we have consistently reduced budget spend by 80 percent and carbon emissions by 90 percent, dramatically saving spend and lowering carbon footprints. Georgetown University, one of our long-term customers, faced bills 187% higher before introducing furniture asset management in its latest project. The University of Wisconsin-Stout saved 286 tons of carbon dioxide by working with us on one project, not to mention two-thirds of initially-calculated budgets.
We produce these results consistently within colleges, hotels and government organizations across the United States and Canada. To date, we are proud to know we’ve saved more than three million tons of carbon dioxide and an estimated nine million trees.
Meanwhile, each of our markets continue to demonstrate increased commitment to sustainability. In education, the facility managers and campus directors that we work with understand that a solid sustainable practice like furniture asset management is not just a smart environmental move, it is fiscally-responsible behavior.
In education the need to demonstrate a commitment to sustainability to students is also important. It’s a competitive industry and students have ever-higher expectations for welcoming, eco-friendly, and resource-efficient housing options.
We regularly connect with audiences through surveys and polls to gather insights. This includes opinions on issues such as sustainability, education, government procurement and industry-specific topics such as Property Improvement Plans.
Recently we asked present and past students if they would be willing to pay more to live in an environmentally-friendly dorm. A fifth of respondents said yes, while two-fifths said they would depending on the cost. If you take this as a snapshot of attitudes, it shows that up to two-thirds of students would support – ethically as well as financially – a commitment to sustainable practices.
There is an opportunity here, which we know from the tens of thousands of rooms on college campuses we have updated. Some universities have begun implementing sustainable practices on a smaller scale: recycling bins, energy-efficient lighting, eco-friendly take out bags. But there remains a massive opportunity to educate students on sustainable furniture asset management. Figuratively- and literally-speaking, there is room for improvement.
As sustainability continues to be a topic of national discussion, young adults are becoming more opinionated. A greener grading than your competitors may not only bring in more students, but more revenue, and show asset management at its best.
To discuss your campus’ sustainability and financial initiatives, please contact our team at email@example.com.