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Rise in Ranking Comes on the Heels of the Company's Environmental Report, the First Formally GRI Checked Environmental Report in the Gaming Industry
Submitted by: Las Vegas Sands
Posted: Oct 31, 2012 – 08:23 AM EST
LAS VEGAS, Oct. 31 /CSRwire/ - (Marketwire) - Las Vegas Sands Corp. (NYSE: LVS) shot up the list of America's most environmental companies in Newsweek's Green Rankings. The company saw a meteoric rise of 238 ranks to #128 on the U.S. list, the largest positive change on the list of 500 companies and 20 industries.
The Green Rankings comprehensively assess the environmental performance of the largest publicly traded companies in the United States and around the world. It ranks companies based on their actual environmental footprint, management of that footprint, and sustainability communications. The rankings provide a reliable, cross-industry framework for comparing the environmental commitment and performance of major companies.
"Our surge in the Newsweek Green Rankings is as notable as it is gratifying," said Katarina Tesarova, executive director of sustainability for Las Vegas Sands. "The fact that we jumped so many positions in one year is a tribute to our company's environmental commitment. Thanks to the hard work of our global teams, we implemented more than 140 sustainability initiatives and around 50 efficiency projects this year alone. Las Vegas Sands will continue to find ways to make our integrated resort destinations even more eco-friendly. Sustainability isn't a one-time thing for us; it's an ongoing process and commitment."
The dramatic rise in rank is remarkable because annual environmental progress for most big companies is often slow. GreenBiz.com points out that "The environmental impact scores, both in the U.S. and globally, changed only about 1 percent -- that is, hardly at all."
LVS has worked on building a solid foundation of environmental conservation programs for many years. In the last year, the company revised and strengthened its Sands ECO360º sustainability strategy and established a formal sustainability governance structure in its global operations. The company remained focused on meeting its environmental objectives in the four key areas -- green buildings, environmentally responsible operations, green meetings, and stakeholder engagement.
About Las Vegas Sands
Las Vegas Sands (NYSE: LVS) is a Fortune 500 company and the leading global developer of destination properties (Integrated Resorts) that feature premium accommodations, world-class gaming and entertainment, convention and exhibition facilities, celebrity chef restaurants, and many other amenities.
The Venetian® and The Palazzo®, Five-Diamond luxury resorts on the Las Vegas Strip, and Sands® Bethlehem in Eastern Pennsylvania are the company's properties in the United States. Marina Bay Sands® is the company's iconic Integrated Resort in Singapore's downtown Marina Bay district.
Through its majority-owned subsidiary Sands China Ltd., the company owns a portfolio of properties on Macao's Cotai Strip®, including The Venetian® Macao, Four Seasons Hotel Macao, and Sands Cotai Central. The company also owns the Sands® Macao on the Macao Peninsula.
Las Vegas Sands is committed to global sustainability through its Sands ECO360º program and is an active community partner through its various charitable organizations.
For more information, please visit www.lasvegassands.com.
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