Strategic Plan 2021-2028

4 An Exemplar of BEST-IN-CLASS Standards, Practices, and Operations With sustainable development as the key to present and future, our goal is to deliver the best possible campus environment, and business processes and systems to support our world-class education, research, and diverse University community for the long term. Over the previous Strategic Plan ⑤ , we made good progress in expanding our Clear Water Bay facilities through major capital projects such as on-campus residences that can enhance student life, and upgrades to our research and innovation activities. Our intention now is to steer HKUST to the next level as a holistic sustainability leader. Sustainability in action Bui lding on the goal to move the University toward zero-carbon, zero-waste, and net-positive environmental campus operat ions, we are refreshing the HKUST Sustainability Challenge ⑥ with new targets in areas such as energy and greenhouse gases, waste- to- land l l management, landscape and biodiversity, and community well-being. We will also develop our management structures and provide more on-campus opportunities for student initiatives and research projects accordingly. Financially, the University will seek to maintain a sound position to sustain existing operations and support new areas, in view of the uncertain macro environment, including the pandemic and i ts aftermath. In exercising prudence and l ook i ng to diversify our revenue streams, the University wi l l continue to ad v a n c e a nd e x t e nd ou r a c adem i c s t r e ng t h s a nd excellence. 18 ⑤ https://strategicplan.hkust.edu.hk/hkust_ strategic_plan_2016-2020 ⑥ https://green.hkust.edu.hk/about/2028challenge