Submitted by Las Vegas Sands
Sands’ Environmental, Social and Governance (ESG) Report summarizes our commitment to being a responsible corporate citizen through key performance metrics in the report’s namesake areas.
Measuring and reporting our ESG performance has helped drive results, supporting the management of our utility consumption, ensuring the disciplined execution of efficiency projects and compelling us to explore innovations to our resort operations. Along with the key metrics covered in the ESG Report, Sands is currently in the process of broadening our company disclosures to incorporate an even wider range of metrics.
Our areas of emphasis in environmental performance, all reflected in the report, include energy and climate change, water and waste. Compared with our 2015 baseline, we reduced our direct (Scope 1) and indirect (Scope 2) emissions by 12.4 percent for resort operations, and 11.4 percent for ferry operations. In the area of water conservation, Sands reduced its water use per square foot by 3.2 percent from the 2015 baseline. And a 25-percent waste diversion rate was aided by new waste diversion programs instituted at our resorts, including recycling programs that help divert more than 27 different types of items from landfills – from recycling coffee grounds and used paper products to donating suite mattresses.
Our social commitment is centered around the key areas of People and Communities. In 2019, we demonstrated our commitment to communities through total global distribution of 200,988 pounds of food, a total of 115 company-led community events and 39,494 Team Member volunteer hours, along with countless more in-kind support. We also utilized our company resources to donate $6.8 million to local charities.
Governance is another important point of emphasis for the ESG report. As part of our commitment to fostering and maintaining an ethical work environment, we require all Team Members to complete training regarding our corporate Code of Conduct and Business Ethics, the importance of anti-corruption and how to prevent the crime of human trafficking at our properties. In 2019, 96 percent of Sands Team Members completed these trainings. Additionally, we conducted a total of 16,862 hours of responsible gaming training, with Sands currently having 327 specially trained Responsible Gaming Ambassadors ready to assist guests with questions or concerns.
Read the full report for more context behind these and other ESG metrics here.
Las Vegas Sands Corp. (NYSE: LVS) is the world's pre-eminent developer and operator of world-class Integrated Resorts that feature luxury hotels; best-in-class gaming; retail; dining and entertainment; Meetings, Incentives, Convention and Exhibition (MICE) facilities; and many other leisure and business amenities. We pioneered the MICE-driven Integrated Resort, a unique, industry-leading and extremely successful model that serves both the leisure and business tourism markets.
Our properties include The Venetian and The Palazzo resorts and Sands Expo in Las Vegas, Sands Bethlehem in Eastern Pennsylvania, and the iconic Marina Bay Sands in Singapore. Through majority ownership in Sands China Ltd., LVS owns a portfolio of properties on the Cotai Strip in Macao, including The Venetian Macao, The Plaza and Four Seasons Hotel Macao, Sands Cotai Central and The Parisian Macao, as well as the Sands Macao on the Macao Peninsula.
LVS is dedicated to being a good corporate citizen, anchored by the core tenets of delivering a great working environment for 50,000 team members worldwide, driving impact through its Sands Cares corporate giving and community engagement program and leading innovation with the company’s award-winning Sands ECO360 global sustainability program as well as providing leadership for critical social issues through Project Protect, the company’s commitment to industry-leading practices that safeguard our patrons, partners, employees and neighbors around the range of issues that are unique to our business including responsible gaming, money laundering and human trafficking. To learn more, please visit www.sands.com.
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