Sustainable Procurement and Investment Policy

Introduction

Khoja Akhmet Yassawi International Kazakh-Turkish University adheres to ecological, economic, and social responsibility in all its activities to achieve sustainable development goals. Accordingly, the university's procurement and investment policy is based on the legislation of the Republic of Kazakhstan and international regulations, aiming to ensure environmental sustainability, social justice, and economic efficiency.

Policy objectives

• Integrate sustainable development principles into procurement and investment processes.
• Ensure the procurement of environmentally friendly products and services that promote efficient resource utilization.
• Support local suppliers and contribute to regional economic development.
• Ensure social justice and labor rights in accordance with international standards.

Key principles

• "Environmental Code of the Republic of Kazakhstan" Consideration of requirements to minimize environmental harm and waste reduction in procurement.
• "Labor Code of the Republic of Kazakhstan" Collaboration with suppliers that respect labor rights and offer fair working conditions.
• "Public Procurement Law" Conducting tenders transparently and fairly.

Compliance with international regulations

• UN Sustainable Development Goals (SDGs) The policy aligns with SDG Goal 12 (Responsible Consumption and Production).
• UN Principles for Responsible Investment (PRI) Consideration of ESG (Environmental, Social, and Governance) factors in investment decisions.
• OECD recommendations Adherence to corporate social responsibility and ethical standards.

Key areas of the policy

Procurement

• Preference for environmentally friendly products and services.
• Use of recycled materials to conserve resources and reduce waste.
• Support for local suppliers and encouragement of small and medium-sized enterprises

Monitoring: All procurement and investment activities are monitored for compliance with sustainable development principles

Reporting: The university publishes an annual report on sustainable procurement and investment outcomes

Feedback: Suggestions and feedback from employees and partners are collected during policy implementation

Conclusion

Khoja Akhmet Yassawi International Kazakh-Turkish University implements its sustainable procurement and investment policy in accordance with the legislation of the Republic of Kazakhstan and international standards. This policy not only ensures the sustainable development of the university but also contributes to regional and global environmental and social stability.

If you have any questions or suggestions regarding this policy, please contact the responsible department of the university.

Institution’s sustainable procurement / purchasing policy.