Introduction
At the American University of the Middle East (AUM), we wholeheartedly consider the importance of addressing environmental, social, and governance (ESG) challenges through our investment practices. This Policy for Investments in Sustainability reflects our commitment to sustainability and responsibility in our financial decision-making.
By adopting a Policy for Investments in Sustainability, we aim to align our institutional values with our financial strategies and positively contribute to global sustainability.
Scope
This policy will apply to investments in sustainability managed directly by AUM and those managed by third parties on behalf of the university.
Criteria
As part of our dedication to invest in environmental sustainability, we will continuously seek to invest in practices that reduce energy consumption and other initiatives to implement our Sustainability and Climate Action policy: innovative technologies, renewable energy sources, water conversation solutions and other investments such as educational and research centres focused on sustainability.
ESG Analysis: Evaluation of environmental, social, and governance factors in the selection and monitoring of investments.
Impact Assessment: Assessment of the positive impact of investments on sustainability in line with the United Nations SDGs.
Standards and Norms: Adherence to recognized international standards, such as the Principles for Responsible Investment (PRI).
Evaluation and Selection
AUM will employ an ESG-based approach to assess and select assets that meet the sustainability investment criteria. The selection process will also consider the long-term impact of investments on sustainability and AUM's institutional values.