Sustainable Investment Policy

Introduction:

Kalinga Institute of Industrial Technology Deemed to be University lays high emphasis of the targets set by the United Nations Sustainable Development Goals and has formulated a Sustainable Investment Policy for itself which is being duly implemented. This policy applies to all internal stakeholders of the University who make purchases on behalf of the University.The policy states that:

Committee on Sustainability and Equity:

University will make investments towards:

  • E-Governance, process automation and smart campus initiatives.
  • Quality Education and Impactful research
  • Innovation and Infrastructure Development
  • Good health and well being
  • Social outreach and empowerment of tribal communities
  • Clean water and sanitation
  • Environmental protection
  • Affordable and clean energy
  • Preservation and protection of life below water and land
  • Promoting peace, justice and equality in society.
  • Recycling of materials and wastes in the University should be maximized to cut down the demand index, carbon footprint and promote green technologies in different operations of the University.

The University will refrain from making any investments towards or with any organization that deals with:

  • Intoxicants
  • Weapons
  • Environment harming wastes.

The university avoids investments in industries that significantly contribute to environmental degradation, such as fossil fuels, deforestation, and intensive greenhouse gas emissions. Instead, KIIT actively seeks investments in renewable energy, sustainable agriculture, clean technology, and other eco-friendly ventures.

KIIT Deemed to be University’s sustainable investment policy extends its focus to social impact as well. The university acknowledges the importance of investing in companies that uphold fair labor practices, promote diversity and inclusion, and contribute positively to the communities they operate in. By selecting socially responsible investments, KIIT helps drive positive change in society while fostering ethical business practices.

Conclusion :

By investing in companies that share its values, KIIT fosters positive change, contributes to a sustainable future, and reinforces its commitment to creating a better world. Through such initiatives, KIIT proves that educational institutions can play a pivotal role in promoting sustainability and inspiring future generations to embrace responsible practices. This policy will be reviewed annually by the University Committee on Sustainability and Equity.This policy is disseminated to all the internal and external stakeholders of the University including students, faculties, staff members, recruiters, alumni, parents.

Last reviewed: 16th November 2022