Sustainable AASTMT

Sustainable Investment Policy

AASTMT Sustainable Investment Policy

Introduction

AASTMT takes a comprehensive, forward-looking approach to investment decisions, integrating environmental sustainability, social responsibility, and corporate governance at every stage. The following principles guide this approach:

1. Sustainability-Focused Investment Approach: We align our investment strategy with our sustainability goals. This includes directing a substantial part of our investment portfolio toward projects that promote environmental conservation, social equity, and economic prosperity.
2. Investment in Renewable Energy: Acknowledging the importance of renewable energy in combating climate change, we invest in renewable energy initiatives, including but not limited to wind, solar, hydro, and bioenergy projects.
3. Support for Sustainable Enterprises: We prioritize investments in start-ups and businesses that not only demonstrate potential for economic growth, but also operate responsibly with a strong focus on environmental stewardship, social equity, and good governance (ESG).
4. Global Health Initiatives: We invest in initiatives that address global health challenges, including medical research and development projects that align with our sustainability principles.
5. Green Building and Infrastructure: In line with our commitment to sustainability, our investments prioritize green building and infrastructure projects that meet internationally recognized sustainability standards.

Transparency and Accountability

AASTMT is committed to transparency and accountability. We make this policy publicly available on our website and other official platforms. We also publish an annual Sustainability Investment Report, detailing our investment actions and their alignment with our sustainability goals.

This policy reflects AASTMT’s commitment to using its financial decisions as a tool for positive change. The institution recognises that investment choices carry influence beyond financial returns, and is committed to exercising that influence in a responsible and transparent manner.

AASTMT encourages its students, faculty, staff, and partners to engage with and contribute to this policy. Feedback and suggestions are welcomed, as informed collective action is central to achieving meaningful sustainability outcomes.

Policy Statements

1. AASTMT prioritizes a long-term approach in its investment strategy, taking into account environmental sustainability, social responsibility, and corporate governance considerations. 
2. Sustainability is the primary consideration when procuring resources for the institution, in line with the Procurement Policy. AASTMT recognises the urgency of environmental change and is committed to supporting the transition to a greener, more sustainable global economy through its investment choices.
3. AASTMT screens potential investments against their social and environmental impact, excluding organisations whose activities are harmful to society or the environment, and directing investment towards organisations with responsible cultures, sound practices, and strong governance.
4. AASTMT will communicate its commitment to sustainable investment to investment managers and expect them to engage actively with company management to promote corporate responsibility.
5. AASTMT conducts regular assessments of asset management, value, and investment utilization to ensure long-term sustainability.

1. Policy title:	Sustainable Investment
   Date created:	May 2023
   Approving body:	SDG Workforce Committee
   Version:	Version 2
   Last review date:	2025
   Next review date:	2026
   Policy owner:	Scientific Research and Innovation Deanery
   Lead contact:	Prof. Yasser Gaber Dessouky
   Approval Signature	Dean of Scientific Research and Innovation