Partnerships
Brief Overview
As one of the prominent private universities in Bangladesh, AIUB aims to not only lead by example, but set an example that can inspire and encourage its students, staff, and stakeholders to be sustainable, responsible, and morally ethical in every aspect of their lives beyond just work and studies. The university believes in ensuring environmental sustainability, social responsibility, and accountable governance & integrity.
Policy Scope & Purpose
AIUB is committed to ensuring that all funds are utilized responsibly. The policy outlines the strategy for the usage of funds endowed to the university for specific purposes in dealing with environmental, social, and governance (ESG) issues that address the focal point of sustainability within the university.
The university will be accountable for its financial resources, managing it with ethical and social obligations. AIUB will maintain its investment policy and practices, with discretion, in alignment with its mission, vision, and strategic priorities, abiding by the fiduciary and investment standards applicable to institutional funds.
Strategic Approach
The university believes that the investment activities must be conducted in a manner that seeks to ensure that the current needs are met without compromising that of the future generations. AIUB understands that this commitment towards investing responsibly must be aligned to the university’s general objectives in the long run. This policy has been developed to enable the university to pursue an ethical approach while minimizing the negative impact on returns, being socially aware and taking morals & ethics into consideration to reap mutual charitable benefits.
- AIUB will ensure that to engage and collaborate with organizations have a responsible culture, practices, and good governance, and not be affiliated with any organization whose operations may be harmful to society or the environment, specifically:
- Weapons/Arms
- Alcohol/Drugs
- Gambling/Illegal Activities
- AIUB will proactively seek opportunities to allocate funds towards promote social responsibilities, reducing carbon emission & greenhouse gases, and develop solutions for climate change, under the Higher Education Sustainability Initiatives (HESI), in cooperation with the United Nation’s Sustainable Development Goals (SDGs). AIUB intends to work towards reducing its carbon footprint, through its infrastructure, policies, and practices.
- AIUB will continuously advocate for human rights, including but not limited to promoting equality of gender, race, and sexuality, and denouncing any and all forms of discrimination within the student community, as well as the staff and stakeholders.
- AIUB will engage in good business ethics, employment practices, and community service that furthers its objectives for establishing sustainable and morally sound organizational practices that always take sustainability into consideration for decisions related to fund allocation in ESG projects
- AIUB will encourage international cooperation with other institutions to promote mutually beneficial collaborative projects geared towards promoting cultural exchanges, minimize global conflicts, and empower stronger partnerships that forge ideas for creating a better future for the leaders of tomorrow