SUSTAINABLE INVESTMENT POLICY

MISSION OF THE SUSTAINABLE INVESTMENT POLICY OF BSU

 

 

SIP mission is to provide the framework for the management of the investments of Baku State University, while contributing to social justice, healthy communities and clean environment. For the implementation of this policy, BSU identify local and external stakeholders, and engage them to the investment policy.

 

For more details see Sustainable Investment Policy of Baku State University.

 

CURRENT SITUATION

  • Investment Policy is subject to annual review by the Board of Trustees and any recommended changes require approval by the Board of Trustees.
  • There is a significant need for climatologists, hydrologists, oceanologists, ecologists, etc. in this industry, so Baku State University is making a serious effort to train professionals who can meet those needs. As a result, BSU is a member of several international and regional projects aimed at ensuring that all university curricula at all levels incorporate climate change education.
  • In the last two years, Baku State University has made significant investment in its sustainability efforts. The university has successfully digitalized its document circulation system, the HR management system, the Student Information System, and the Learning Management System. This initiative was undertaken to reduce the use of paper, enhance operational speed, improve transparency, and elevate the overall quality of university processes.
  • To facilitate technology transfer, BSU has established BUILD Limited Liability Company, supported by KOBIA (Small and Medium Business Development Agency of Azerbaijan Republic), serving as a technology transfer office. This initiative aligns with global goals such as Decent Work and Economic Growth and Industry, Innovation, and Infrastructure.
  • BSU's involvement in the ITACA project entails collaboration on an Innovative Training Center to address environmental emergencies in Azerbaijan, aligning with Sustainable Development Goals (SDG) 11 and 12. The ITACA project focuses on creating and establishing a state-of-the-art Training Center in collaboration with both EU and local institutions, alongside enterprises specializing in the environmental impact of oil and gas production. This initiative aims to foster a robust partnership between academia and industry by providing comprehensive training to graduate students, preparing them for careers in this specialized sector.
  • “The Geoclic” Project seeks to modernize and internationalize training in monitoring and protecting coastal ecosystems using advanced geospatial technologies, big data, and remote sensing. It targets undergraduate, graduate, and doctoral levels in Azerbaijan, Kazakhstan, and Turkmenistan, all while aligning with SDG 4 and SDG 11.
  • Research on novel phytohormone derivatives, impacting the immunological resistance of various cotton genotypes, contributes to SDG 8.
  • Ongoing research and environmental service collaboration between BSU and the Heydar Aliyev Oil Refinery address SDG 11, SDG 12, and SDG 13.
  • The synthesis of Polyfunctional Polymeric Adsorbents with Nano-size Pores for purifying various waste waters from heavy metals, oil, and oil products aligns with SDG 7, SDG 12, and SDG 13.
  • The research on ecology, encompassing plants, animals, microorganisms, and humans, and the application of geoinformation systems for environmental monitoring, biodiversity conservation, and bioresource assessment, contributes to SDG 6, SDG 14, and SDG 15. These multifaceted efforts underscore BSU's commitment to addressing critical global challenges while advancing investment in research, education, and innovation.
  • In addition, some SDG-related topics are covered in the pertinent academic programs, such as "Introduction to Gender," "Sustainable Development Goals in Azerbaijan," "Green" and "Blue" Economy," "Food Security and Sustainable Development," "Urbanization and Urban Planning," and others. Now, BSU has several systematic training or educational programs centered on the SDGs.
  • The board of trustees has delegated investment oversight to the BSU. The Board of Trustees has retained responsibility for the following matters.