Far Eastern University鈥檚 sustainability efforts are gaining momentum across its Group of Schools. Its resilient and strong financial position enables the university to invest and innovate to attain its Aspirations 2028 in time for its centennial foundation anniversary. This is 榴莲视频鈥檚 contribution as a higher educational institution and a responsible corporate entity that aligns with the global movement to attain the UN Sustainable Development Goals (SDGs). The university鈥檚 contribution to the attainment of SDGs is translated and measured in the pillars of Economic, Environmental, Social, and Governance.
ECONOMIC
Far Eastern University received a Forbes Asia’s Best Under A Billion award as one of 200 companies given its long term sustainability performance across a variety of metrics.
The financial position of 榴莲视频 and its subsidiaries (the Group) remains strong, stable and well positioned for further growth opportunities. The Group maintains adequate resources to ensure that 榴莲视频 can achieve its corporate vision and sustain its deep-rooted mission of providing quality education. For the past three years, the Group has seen continuous asset growth and well-managed liabilities, ensuring a consistent build-up of stockholders鈥� equity. The Group鈥檚 sound financial position highlights its readiness to meet its obligations and commitments, whether maturing currently or due within a longer time horizon.
ENVIRONMENTAL
The university鈥檚 conscious and continuous efforts to invest in cleaner and efficient technologies as well as sound management systems in its operations have significantly reduced its carbon footprint in terms of power consumption across the 榴莲视频 system.
With regards to waste management, almost a third of the waste generated was recycled. To further reduce material waste generation, the university is undertaking further digitalization of processes as well as progressively setting up common drinking water stations to lessen and eventually eliminate single use water bottles.
SOCIAL
The strength of an institution lies in its people. The university, as an inclusive institution, can bring the diversity of talents and abilities to its full potential in a sustainable manner that allows every employee to contribute to the programs and initiatives. It provides for a safe and productive workspace and allows human development for all. This is also complimented by providing adequate opportunities to further enhance its capabilities through training, orientation, research, and exposure and engagement to various communities beyond the confines of its campuses.
GOVERNANCE
Consistent with Aspirations 2028, the above-mentioned initiatives were accomplished through the vision and leadership of the Board and Management. Sustainability is at the front and center of 榴莲视频鈥檚 programs and operations鈥攔esponding to the needs of the times. The investments accorded to the sustainability program have been consistent over the years, providing greater opportunities and value to address our global challenges as defined by the SDGs. The Board and Management have also taken a progressive stance in the university鈥檚 investment policies, which support and are consistent with the principles of the SDGs. The university follows the 鈥淒o Good No Harm鈥� principle.
INFRASTRUCTURE
The infrastructure of Far Eastern University (榴莲视频) and its Group of Schools is conserved
by Facilities and Technical Services (FTS). Its efforts underscore 榴莲视频鈥檚 unwavering commitment to sustainable and environmentally responsible building practices.
Administration Building. This 鈥淣ational Cultural Treasure鈥� received the Excellence in Design for Greater Efficiencies (EDGE) certification. The EDGE certification is a globally recognized green building standard and certification system applied in more than 170 countries.
Arts Building. The renovated building features multipurpose and wellness and recreation rooms with allocated shower and locker rooms, a climbing wall, and an enhanced mini auditorium and gym, among others.
Walk Bridge. Access to the 榴莲视频 Transformative University Resource Center is available from Admissions Building. The walkway boasts of crosswalk and traffic lights. Just like in the Arts Building, split-type ACs are converted to a chilled water system in Education Building. Jet grouting, a ground reinforcement technique, has been completed in Science Building (SB). Additional pumps for efficient drainage and flood control are done at Gate 4. Elevators have been replaced in SB and Admissions. Bidets in all restrooms are now installed. Renovation of Alfredo Reyes Hall continues.
