The Policy on Divestment from Carbon-Intensive Energy at Bangladesh University of Business and Technology (BUBT) establishes guidelines for sustainable procurement and ethical investment. It directs the university to gradually divest from high-carbon operations while channeling funds toward renewable energy, green innovation, and low-carbon initiatives. The policy applies to all BUBT departments, investment funds, vendors, and contractors, emphasizing eco-friendly purchasing, responsible vendor selection, and resource management through the 3R principle. A Sustainable Energy Investment Committee (SEIC) oversees implementation, monitoring, and annual reporting. Key performance indicators include the proportion of sustainable products purchased, renewable energy investments, and reductions in carbon footprint. Through this policy, BUBT commits to transparent, socially responsible, and climate-conscious financial decisions.
