By now, after two decades into the 21st century, it is obvious even to the most jaded, cynical people out there that we have to rethink how we live and function on this planet which we call Earth. We are discovering that Earth's resources are finite. We are finally realizing that we must conserve energy. We are rethinking the cost of goods and services regarding their carbon footprint. Sustainability is no longer a theory. It is a concept that is being put into daily practice.
That's why it is very encouraging to see so many private schools making progress towards developing sustainable schools. For schools, sustainability involves not just the wise use of energy and foodstuffs, but it also the prudent management of a school's fiscal resources and more. The National Association of Independent Schools has published an excellent white paper entitled Sustainability: Creating 21st Century Sustainable Schools. Let's look at the five areas of sustainability which this document puts forth. The NAIS calls these 'dimensions' which is an apt description. 'Area' implies a confined space. 'Dimension' speaks to the vastness of the challenge and the scope of the solution.
Simply put, financial sustainability is all about drawing a line and setting responsible limits. It doesn't matter whether you have $100,000 in the bank or $900 million in your savings account. Schools need to use all the expertise and tools available to them to control expenses and maximize the use of every dollar of income available to them. This