Policy of investing in sustainable development of the Igor Sikorsky Kyiv Polytechnic Institute [draft]

General provisions

The National Technical University of Ukraine "Igor Sikorsky Kyiv Polytechnic Institute" (hereinafter referred to as the University) works on the principles of sustainable development of society through the introduction of education, advanced research and innovative projects, creates conditions for harmonious professional, intellectual, social and creative development of the individual. It carries out its activities in accordance with the Law of Ukraine "On Higher Education" and taking into account the Strategy for the Development of Higher Education in Ukraine for 2022-2032, as well as the Sustainable Development Goals, which are reflected in the National Report "Sustainable Development Goals: Ukraine" and in the Decree of the President of Ukraine "On the Sustainable Development Goals of Ukraine for the period up to 2030".

The policy of investing in sustainable development was created to ensure that investment activities are acceptable in all areas.

Responsible investment, promoted by the University, takes into account social, governance and environmental factors, in accordance with the international initiative "Principles for Responsible Investment" (PRI).

Principles of the policy of investing in sustainable development

In its activities, the University is guided, in particular, by the policy of sustainable development, so compliance with the principles of responsible investment will reduce long-term risks and help direct investment flows to projects focused on sustainable development of society. The University aims to reduce the negative impact on the environment and adhere to the principles of responsible investment, namely:

• The University undertakes to take into account environmental, social and governance aspects (ESG) when making management decisions on financial activities;
• To be guided by ESG aspects in the management of tangible and intangible assets of the University;
• To follow the principles of openness and accessibility of information, according to the subjects of ownership, which were financed with regard to ESG aspects;
• Promote support for the implementation of responsible investment principles;
• Consolidate efforts for the smooth implementation of the principles of responsible investment;
• Reporting on the implementation of responsible investment principles.

Purpose and objectives of the policy of investing in sustainable development

The main goal of the University's policy of investing in sustainable development is the responsible distribution and use of financial resources, which is carried out in accordance with the current legislation on the State Budget of Ukraine and taking into account environmental, social and governance aspects (ESG). Through responsible investment, the University seeks to achieve the following goals:

• To promote, support and develop the human capital of the University by means of responsible investment principles;
• To apply the principles of responsible investment to improve the level of environmental safety of the University;
• To popularize the financial management of educational institutions, with the use of (ESG) aspects.

Final provisions

One of the core values fostered at Igor Sikorsky Kyiv Polytechnic Institute is concern for the conditions and quality of life of future generations. In its activities, the university works to improve Ukrainian education and science, forming patriotic and professionally trained graduates. Igor Sikorsky Kyiv Polytechnic Institute is aware that the university's investment activities may have environmental and socio-economic consequences, which is why this policy of investing in sustainable development is designed to minimize negative impact on the environment and achieve sustainable peace.

This policy of investing in sustainable development of the National Technical University of Ukraine "Igor Sikorsky Kyiv Polytechnic Institute" is not exhaustive and may be revised if necessary.

The document is freely available and brought to the attention of all employees of the University.