The GITAM Sustainable Investment Policy is a strategic compass guiding GITAM University's dedication to responsible financial practices in harmony with its mission of educational excellence, environmental stewardship, and societal responsibility. This policy is designed to evolve continually, with regular reviews conducted at least annually by the university's Investment Committee, offering stakeholders a voice in shaping its trajectory.
This policy is formulated to achieve the following objectives :
GITAM holds steadfast to its commitment to reduce its carbon footprint and align its investments with the most stringent Environmental, Social, and Governance (ESG) standards. The university's investment approach is rooted in a long-term perspective, wherein environmental sustainability, social responsibility, and corporate governance factors are carefully integrated.
As part of its commitment to reducing carbon emissions, GITAM has established pedestrian-friendly walkways across its campus, providing seamless access to faculty blocks and classrooms. By actively encouraging walking as the primary mode of transportation, the university strives to cultivate a greener and more ecologically conscious campus. Additionally, the provision of pool transport facilities for students, faculty, and staff underscores the institution's dedication to sustainable commuting.
At GITAM, nurturing environmental consciousness among students is paramount. To achieve this, the university has introduced specialized courses within its curriculum that sensitize students to the critical issues of environmental sustainability. These courses empower students with a comprehensive understanding of environmental challenges, the significance of sustainable practices, and the pivotal role individuals and communities play in addressing environmental issues.
Leveraging cutting-edge technological advancements, GITAM seeks to enhance operational efficiency while reducing its environmental footprint. The implementation of e-governance and automation systems across administrative and academic functions is a testament to the university's commitment to sustainability.
GITAM is dedicated to promoting research that advances environmental safety and sustainability. Faculty and students are actively encouraged to engage in research endeavors related to environmental protection, sustainable practices, and innovative solutions to pressing environmental challenges.
Recognizing the critical importance of responsible waste management, especially concerning laboratory wastes and effluents, GITAM has implemented systematic processes for the proper segregation and disposal of these materials. This approach reflects the university's commitment to environmental safety and sustainability.
The university has embarked on a journey of sustainable water management, including the recycling of wastewater for non-potable purposes such as gardening. These initiatives aim to conserve precious water resources, reduce consumption, and foster environmental sustainability.
GITAM is vigilant in the identification and proper disposal of E-waste through accredited agencies, ensuring the responsible handling of electronic waste materials.
The health and well-being of students, staff, and stakeholders hold a position of paramount importance within GITAM's sustainability initiatives.
The university actively implements rainwater conservation practices and promotes affordable and clean energy solutions across its campus, further reinforcing its commitment to environmental sustainability
GITAM is unwavering in its pursuit of maintaining a green and plastic-free campus environment. This vision is actualized through comprehensive green landscaping, sustainable waste management practices, rainwater harvesting, and the adoption of renewable energy sources, various green initiatives, and active engagement of students in sustainability efforts.
The authority for the execution of the Sustainable Investment Policy rests with the Board of Management at GITAM Deemed to be University. The Board bears the responsibility and decision-making authority to oversee and implement the principles and guidelines of the policy related to sustainable investing.
All definitions adhere to the criteria established by the Gandhi Institute of Technology and Management (GITAM) Deemed to be University and the Union Grants Commission (UGC) Act 1956, Section 3, Government of India
This policy mandates ongoing reviews, including at least annual assessments, overseen by the Investment Committee as per the university's stipulations.
The University Investment Committee is entrusted with the responsibility of monitoring adherence to this policy and its associated guidelines.
This policy is formally approved by the Registrar, GITAM Deemed to be University, underscoring the institution's unwavering commitment to sustainable investment practices.