The University is a member of APUC, the procurement centre of expertise for education in Scotland. As part of our tender process for local contracts at GCU and through procuring from framework agreements implemented by APUC, procurement helps deliver the University’s environmental and sustainability commitments by identifying suppliers and sub-contractors that share the University’s aspirations and values and sign-up to APUC’s Sustain Supply Chain Code of Conduct.
Working with APUC enables the University to maximise its collaborative buying power along with other University members, as it strives to bring about positive impacts on supply chain sustainability.
GCU’s commitment to ethical and sustainable investments is set out in the Treasury and Ethical Investment Policy and is consistent with the University’s mission and values (as expressed in the University’s strategy). The University’s commitment is to invest in companies with a positive social impact and ban investments in fossil fuels, alcohol, tobacco and armaments.
The University’s Annual Financial Statements splits investments into:
- Non-current investments – held as treasury-linked stocks
- Endowment reserves – held as stocks and bonds in publicly listed companies
Compliance with the Treasury and Ethical Investment Policy is reviewed annually by the Finance and General Purposes Committee (Terms of Reference and Membership).
As part of the University’s efforts to promote more sustainable travel, GCU’s Expenses Policy allows staff to claim 20p/mile for business trips made using their bikes.
