Adoption of sustainable finance at Tsinghua University: Practices and results

Universities and higher education institutions are in a unique position to adopt sustainable finance solutions. As centres of innovation and research, they are able to develop and implement cutting-edge sustainable finance practices, such as applying expertise and research findings to build green infrastructure, construct sustainable procurement policies, establish green funds, or use them to make sustainable investment decisions (Filho et al, 2022).

Sources: "Tsinghua University"

Tsinghua University also understands the importance of sustainable finance and has been making a lot of efforts in researching and innovating sustainable finance. 

Sources: "Tsinghua University"


Establishment of Green Fund

Tsinghua University established the Paulson Prize for Sustainability in 2013, offering an annual prize of 50,000 dollars. The award recognises innovative projects in China that provide outstanding solutions to economic and environmental issues to address some of the world's most pressing climate and biodiversity challenges.

Sources: "In the media, Tsinghua University"


Building Green Infrastructure

In recent years, the green campus construction of Tsinghua University has achieved remarkable results. The greening degree of the whole campus is 54.8%. Tsinghua University has built a new campus energy conservation monitoring platform, which can support the whole process of energy conservation management.  In addition, Tsinghua University has also completed the "coal to gas" project for the heating system, and is promoting green lighting, and the use of solar energy, among other projects.

Sources: "Department of Electrical Engineering, Tsinghua University"


Conclusion

Tsinghua University has set up awards to reward innovative projects, promote green infrastructure and a platform for energy-saving management. These measures demonstrate its long-term commitment to achieving environmental, economic and social sustainability goals.


Sources: "Tsinghua University"

Reference

Campus Life, Tsinghua University. Available at: https://international.join-tsinghua.edu.cn/Discover_Tsinghua1/Campus_Life.htm. (Accessed: 07 March 2024).

Department of Economic and Social Affairs, United Nations. Available at: https://sdgs.un.org/partnerships/tsinghua-university. (Accessed: 07 March 2024).

Filho, L. W., Caughman, L., Dinis, P. A. M., Frankenberger, F., Azul, M. A and Salvia, L. A (2022) ‘Towards symbiotic approaches between universities, sustainable development, and cities’, Scientific Reports, 11433, pp.1-8. Available at: https://www.nature.com/articles/s41598-022-15717-2

In the media, Tsinghua University. Available at: https://www.tsinghua.edu.cn/en/info/1320/12448.htm. (Accessed: 07 March 2024).

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