M. Kozybayev NKU Sustainable Investment Policy

1. Introduction

1.1. The Non-Profit Limited Company "M. Kozybayev North Kazakhstan University" (hereinafter referred to as the University), as an educational and scientific center, participates in shaping a sustainable future.

1.2. The University is committed to integrating the principles of sustainable development in its strategies, processes, and decisions.

1.3. The Sustainable Investment Policy (hereinafter referred to as the Policy) is developed in accordance with the legislation of the Republic of Kazakhstan, the University Charter, and regulates the main principles and approaches to ensuring the sustainable development of the University.

1.4. This Policy aims to establish long-term financial stability and a sustainable development model for the University, based on ESG (Environmental, Social, and Governance) principles. To achieve this, the University makes strategic investments in:

1) Development of human capital and educational initiatives,

2) Modernization of infrastructure with an emphasis on energy efficiency and digitalization,

3) Social and environmental projects,

4) Partnerships with stakeholders.

1.5. The goal of the University in the field of sustainable investment is to ensure effective investment management that supports the development of an innovative and environmentally responsible educational environment, as well as the strengthening of partnerships with stakeholders.

1.6. The University’s objectives in the field of sustainable investment are:

1) Aligning economic, environmental, and social goals in the context of long-term sustainable development, including the creation of long-term value for the shareholder and investors.

2) Ensuring financial sustainability and cost-effectiveness of operations.

3) Meeting the interests of the Sole Shareholder, investors, and consumers of the University’s services.

4) Improving the efficiency of operational and management processes.

5) Optimizing the use of natural and energy resources.

6) Implementing environmentally friendly, energy- and material-saving technologies.

7) Improving the quality of resource management through the implementation of digital technologies and process optimization.

8) Attracting additional funding sources (grants, off-budget funds, partnership projects) to support sustainable development.

9) Creating mechanisms for cooperation with business, government, and international organizations to implement sustainable development projects.

10) Supporting scientific research and educational programs in the field of ESG and sustainable development.

11) Ensuring occupational safety and employee health, fair compensation and respect for employee rights, individual staff development, and implementation of social programs.

2. Key Provisions

2.1. The University ensures the protection of the rights of the Sole Shareholder as a key condition for attracting investments and ensuring sustainable development.

2.2. The University optimizes its cost structure and increases operational efficiency through the implementation of sustainable finance principles and investment planning.

2.3. The University attracts additional sources of funding, including grants, partnership programs, and socially responsible investments, to ensure long-term sustainability.

2.4. The University develops and implements a financial management policy that ensures transparency and efficiency in the use of funds in the interests of the Sole Shareholder, investors, and consumers of services.

2.1. The University guarantees the integration of ESG principles into educational programs, scientific research, and management processes, and also develops specialized courses and research projects focused on sustainable development.

2.2. The University ensures the implementation of energy-efficient solutions and takes environmental aspects into account when developing infrastructure.

2.7. The University implements and advances digital technologies for effective resource management and sustainable development.

2.8. The University establishes partnerships with key stakeholders for the implementation of joint ESG projects.

2.9. The University promotes research and educational programs focused on the study and application of sustainable development principles.

2.10. The University creates conditions for fostering environmentally responsible behavior and promotes sustainable consumption principles within the academic environment.

2.11. The University ensures monitoring of the effective implementation of major investment and other key strategic projects.

3. Final Provisions

3.1. All University departments take the provisions of this Policy into account in their activities and contribute to achieving the stated goals and objectives in the field of sustainable development. The University’s Board oversees the implementation of the Policy and ensures its integration into key management processes.

3.2. The University’s Board is responsible for the implementation of this Policy and its integration into the key processes of strategic management at the University.

3.3. The Department of Economic Planning and Finance is responsible for integrating the principles of sustainable investing into the University’s financial planning and operational activities, as well as monitoring and ensuring compliance with the Policy.

3.4. The Sustainable Investment Policy is subject to regular review, taking into account changes in the external environment, international standards, and the University’s priorities. Amendments and additions may be made as necessary to enhance its effectiveness.

3.5. This Policy affirms the University’s strategic commitment to implementing sustainable development principles, creating favorable conditions for long-term growth, and strengthening the University’s position as a responsible institution supporting environmental, social, and governance (ESG) initiatives.