Submitted by: MGM Resorts International
Posted: Oct 20, 2011 – 02:50 PM EST
LAS VEGAS, Oct. 20 /CSRwire/ - /PRNewswire/ - For the second consecutive year, MGM Resorts International (NYSE: MGM) has been listed among Newsweek Magazine's 500 most environmentally responsible companies in the United States, and also as the highest ranking company in the casino resort industry.
The company ranked as the third most highly rated hotel company on the list, and was one of only two hotel companies to move up in this year's rankings.
"Environmental responsibility is a core company value that is woven into and throughout our culture and business operations," said Jim Murren, Chairman and CEO of MGM Resorts International. "For our customers, environmental stewardship is a key area of awareness. Our guests are becoming increasingly sophisticated in their expectations, and we are proud to be a leader in demonstrating that environmental responsibility and a superior guest experience go hand-in-hand with world class hospitality and entertainment," Murren added.
Murren noted that MGM Resorts recently issued its first Environmental Responsibility report (http://www.mgmresorts.com/files/company/MGMReport-final.pdf) detailing the Company's efforts to reduce its environmental impacts over the last four years.
"We're focused on reducing energy and water consumption, increasing recycling and reducing waste," said Cindy Ortega, the Company's Senior Vice President of Energy Environment Services Division. "One of the best examples of MGM Resorts' comprehensive approach to sustainability was the 2009 opening of CityCenter, the world's largest environmentally responsible development. The Company has also worked with its suppliers to develop sustainable purchasing practices focused on raw materials, logistics and an assessment of the environmental impact of products," Ortega said.
MGM Resorts is also among a select group of leading international hotel companies that are collaborating to standardize carbon footprint measurement and communication within the hospitality industry. The Carbon Measurement Working Group includes members of the International Tourism Partnership (ITP) and the World Travel & Tourism Council (WTTC).
Newsweek's rankings were produced with two leading environmental research firms, Trucost and Sustainalytics and the Green Rankings were created in 2009. MGM Resorts moved from #174 overall in 2010, to #157 in this years rankings.
About MGM Resorts International
MGM Resorts International (NYSE: MGM) is one of the world's leading global hospitality companies, operating a peerless portfolio of destination resort brands, including Bellagio, MGM Grand, Mandalay Bay and The Mirage. In addition to its 51% interest in MGM China Holdings Limited, which owns the MGM Macau resort and casino, the Company has significant holdings in gaming, hospitality and entertainment, owns and operates 15 properties located in Nevada, Mississippi and Michigan, and has 50% investments in three other properties in Nevada and Illinois. One of those investments is CityCenter, an unprecedented urban resort destination on the Las Vegas Strip featuring its centerpiece ARIA Resort & Casino. Leveraging MGM Resorts' unmatched amenities, the M life loyalty program delivers one-of-a-kind experiences, insider privileges and personalized rewards for guests at the Company's renowned properties nationwide. Through its hospitality management subsidiary, the Company holds a growing number of development and management agreements for casino and non-casino resort projects around the world. MGM Resorts International supports responsible gaming and has implemented the American Gaming Association's Code of Conduct for Responsible Gaming at its gaming properties. The Company has been honored with numerous awards and recognitions for its industry-leading Diversity Initiative, its community philanthropy programs and the Company's commitment to sustainable development and operations. For more information about MGM Resorts International, visit the Company's website at www.mgmresorts.com.
Statements in this release which are not historical facts are "forward looking" statements and "safe harbor statements" Under the Private Securities Litigation Reform Act of 1995 that involve risks and/or uncertainties, including risks and/or uncertainties as described in the company's public filings with the Securities and Exchange Commission.
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