AASTMT is dedicated to integrating its sustainability strategies across the entire supply chain, fostering collaboration and shared responsibility to achieve sustainable development goals. By ensuring that upstream partners adhere to its procurement policies, the university promotes ethical practices, environmental sustainability, and resource efficiency in the sourcing of goods and services. This approach not only strengthens supplier relationships but also reinforces AASTMT’s commitment to responsible consumption. Likewise, downstream partners are required to comply with AASTMT’s waste management policies, emphasizing proper waste handling, recycling, and disposal. By extending its sustainability framework to all supply chain partners, AASTMT creates a cohesive system that minimizes environmental impact and promotes accountability at every stage. This holistic approach highlights the university’s leadership in embedding sustainable practices into its operations, setting an example for institutions and organizations to follow, and building a collaborative network committed to a sustainable, environmentally conscious future. AASTMT Sustainable Investment Policy indicated under title “Policy Statements”, 5 policies are indicated in this section to explain the disposal procedures.
AASTMT Sustainable Investment Policy
Introduction
AASTMT considers a comprehensive and forward-looking approach when making investment decisions. This approach encompasses various aspects, including environmental sustainability, social responsibility, and corporate governance considerations. The AASTMT Investment Policy indicates the following:
Transparency and Accountability
AASTMT is committed to transparency and accountability. We make this policy publicly available on our website and other official platforms. We also publish an annual Sustainability Investment Report, detailing our investment actions and their alignment with our sustainability goals.
We believe this policy will enable us to contribute to a more sustainable future and align our actions with our commitment to social responsibility. We understand that our financial decisions have the power to drive sustainable practices, and we are dedicated to using this power response.
We invite our stakeholders, students, faculty, staff, and partners to join us on this journey towards a more sustainable and equitable future. We encourage feedback and suggestions on this policy as we believe that collective and informed action is key to driving sustainability.
Policy Statements
Document control | |
Policy title: | Sustainable Investment |
Date created: | May 2023 |
Approving body: | SDG Workforce Committee |
Version: | Version 1 |
Last review date: | 2023 |
Next review date: | 2025 |
Policy owner: | Scientific Research and Innovation Deanery |
Lead contact: | Prof. Yasser Gaber Dessouky |
Approval Signature | Dean of Scientific Research and Innovation |
Read our policy Sustainable Investment Policy
Through applying this policy, AASTMT will be committed to ensuring that our investments contribute to a sustainable future is outlined in our Sustainable Investment Policy.
Sustainable Procurement Policy
Background
The objective of this policy is to delineate the AASTMT's stance regarding the administration of sustainable and ethical procurement. The Sustainable Procurement Policy of the Arab Academy for Science, Technology, and Maritime Transport (AASTMT) establishes the essential sustainability criteria for the procurement of products and services by the institution. The policy also establishes the criteria and guidelines for the responsibilities of AASTMT buyers in relation to sustainable procurement activities. The Sustainable Procurement Policy mainly aims at waste reduction, with a hierarchical approach that emphasises reduction as the primary strategy, followed by reuse and ultimately recycling. In line with this perspective, it mainly focuses on minimising superfluous purchases, followed by a prioritisation of acquiring surplus or multi-purpose goods prior to procuring recyclable or compostable alternatives.
Mission and values
AASTMT is acknowledging that procurement activities exert a substantial influence on the environment. Consequently, a strong dedication is held to minimise this impact to the greatest extent feasible. The present Sustainable Procurement Policy aligns with the principles governing a comprehensive procurement strategy, encompassing production and service, and is consistent with the University's broader environmental sustainability policies, including Climate Action Progress and its dedication to the People.
AASTMT actively promotes and advocates for its suppliers and subcontractors to effectively address and mitigate the environmental and social consequences arising from their business activities. Suppliers and subcontractors are advised to modify their business practises as necessary in order to comply with AASTMT policy and practices. In order to fulfil our obligations, we will:
Policy Statement
The AASTMT recognizes its buying decisions' impact on the economy, society, and environment. AAST uses this as a chance to make ethical and sustainable purchases of goods and services. This policy attempts to incorporate environmental and socioeconomic considerations at each phase of the process of buying goods, mirroring the commitments outlined in the AASTMT's sustainability policy.
To assist us in fulfilling our obligations, the AASTMT seeks to
Objectives
Supplier evaluation
The suppliers’ sustainable environmental credentials are incorporated, to the extent feasible, into the suppliers' evaluation procedure.
Document control | |
Policy title: | Sustainable Procurement |
Date created: | May 2020 |
Approving body: | SDG Workforce Committee |
Version: | Version 3 |
Last review date: | 2023 |
Next review date: | 2025 |
Policy owner: |
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Lead contact: |
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Approval Signature | Dean of Scientific Research and Innovation |
Sustainable Procurement Policy
This policy is aligned with the previous one. This policy aims to outline the AASTMT’s position on the management of ethical and sustainable procurement.
Arab Academy and Nahdet Misr Sign MoU for Sustainable Environmental Management and Training Collaboration
A Memorandum of Understanding was signed between Nahdet Misr Company and the Arab Academy for Science, Technology, and Maritime Transport (AASTMT).
Today, a joint Memorandum of Understanding was officially adopted between Nahdet Misr for Modern Environmental Services, a subsidiary of Arab Contractors, and the Arab Academy for Science, Technology, and Maritime Transport. Signed by: His Excellency, Mr. Hossam El-Din Imam (Chairman of the Board) and Prof. Dr. Alaa Abdel Bari (Vice President of the Academy).
The memorandum includes cooperation in the following areas:
Sign MoU for Sustainable Environmental Management and Training Collaboration
AAST Partners with Nahdet Misr in Pioneering Plastic Waste Collection Initiative for Alexandria’s Marine Conservation
The Ordinary General Assembly of Nahdet Misr for Modern Environmental Services, led by Chairman Hossam El-Din Imam, approved the 2022 financial statements and reported a revenue of EGP 886 million. The company increased its workforce to 7,200 employees, raising wages to EGP 295.4 million. Imam expressed gratitude to employees, auditors, and board members, and particularly thanked Ahmed El-Assar, Chairman of Arab Contractors, for ongoing support.
Improvements over the past year, including new equipment and vehicles, helped Alexandria become Egypt's cleanest governorate, leading to a 5-year contract with Alexandria Governorate for waste management and street cleaning services. Nahdet Misr also signed protocols with Titan Company for alternative fuel supply and with the Arab Academy for Science, Technology, and Maritime Transport (AASTMT) to establish a company focused on collecting plastic waste from Alexandria’s coastal areas. Imam emphasized the company's commitment to Egypt Vision 2030 and sustainable development goals, expanding services to new governorates and enhancing quality.
Pioneering Plastic Waste Collection
Arab Academy Students Explore Environmental Training and Collaboration with Nahdet Misr for Modern Environmental Services
Nahdet Misr for Modern Environmental Services, a subsidiary of Arab Contractors, welcomed a delegation of students from the Arab Academy for Science and Technology at its headquarters in Moharram Bek. This visit was part of the memorandum of understanding regarding training to enhance the capabilities of human resources.
The student delegation was received by several company officials, including: Mr. Mohamed El-Saeed, Head of Environmental Treatment Sector and Medical Waste Management, Mr. Ahmed Tawfik, Head of Research and Development, Ms. Rita Elias, Office Manager of the Vice Chairman
The delegation visited the hazardous medical waste treatment center to learn about treatment methods and safe disposal practices in accordance with legal and environmental standards.
After the field tour, the delegation attended a meeting to learn about the company’s various activities and explore cooperation opportunities between the company and the Academy in the environmental sector.
Explore Environmental Training and Collaboration
The AASTMT complies rigorously with Egyptian Law No. 202 of 2020, which regulates the handling of medical and biohazardous waste, encompassing chemical and biological waste. AASTMT acknowledges the significance of appropriate waste disposal to safeguard public health and the environment. The medical and biohazardous waste produced on its campuses is governed by a detailed procedure termed the Management of Medical and Biohazardous Waste Disposal, which guarantees compliance with designated handling and disposal protocols for the different categories of this waste. To ensure compliance and efficiency, waste is picked up every three days by Nahdet Misr Company, a certified waste management service provider. This methodical approach demonstrates AASTMT's dedication to sustainable and legally compliant waste management practices.
Medical waste disposal procedures within the Arab Academy
AASTMT is ensuring that all its supply chain partners are following their strategies and policies to achieve better cooperation and collaboration between the entities. Starting with upstream partners which are following the AASTMT procurement policies and the downstream partners which are following the AASTMT waste policies.
Read our policies:
Through applying this policy, AASTMT will be committed to ensuring that our investments contribute to a sustainable future is outlined in our Sustainable Investment Policy.
Sustainable Procurement Policy
This policy is aligned with the previous one. This policy aims to outline the AASTMT’s position on the management of ethical and sustainable procurement.