Hospitality Leader Delivers $7.6 Billion in Economic Value for Communities; Highlights of PEOPLE PLANET PLAY Report Detail Progress in Employee Wellbeing, Climate Mitigation Goals and Responsible Gaming
Published 08-07-18
Issued by Caesars Entertainment Corporation
Caesars Entertainment Corporation (NASDAQ:CZR), the world’s most diversified gaming and entertainment company, today announced the launch of its 9th annual corporate social responsibility (CSR) report, PEOPLE PLANET PLAY, which details sustained progress against the company’s CSR goals in 2017 and the early half of 2018, and its continued commitment to its employees, suppliers and communities.
Hospitality Leader Delivers $7.6 Billion in Economic Value for Communities; Highlights of PEOPLE PLANET PLAY Report Detail Progress in Employee Wellbeing, Climate Mitigation Goals and Responsible Gaming
Caesars Entertainment Corporation (NASDAQ:CZR), the world’s most diversified gaming and entertainment company, announces the launch of its 9th annual corporate social responsibility (CSR) report, PEOPLE PLANET PLAY, which details sustained progress against the company’s CSR goals in 2017 and the early half of 2018, and its continued commitment to its employees, suppliers and communities.
PEOPLE PLANET PLAY
PEOPLE PLANET PLAY is the company’s guiding CSR framework, encompassing plans, initiatives and programs to advance the way Caesars Entertainment and its affiliates make an increasingly positive impact in society.
PEOPLE: SUPPORTING THE WELL-BEING OF OUR TEAM MEMBERS, GUESTS AND LOCAL COMMUNITIES
Caesars’ commitment to long-lasting, positive societal impact on the communities in which it serves was recently recognized by Civic 50, a Points of Light initiative. This is Caesars’ fourth year on the list and its third time as the leader of the consumer discretionary industry.
Delivering Value
In the past five years, Caesars has generated $48 billion in economic value benefiting employees (wages and benefits), suppliers (payment for goods and services), government bodies (taxes and licenses) and communities (giving and volunteering), including $7.6 billion in 2017. Caesars contributed three times more to its communities per dollar of revenue earned in 2017 than the average U.S. corporation.
Diversity, Equity & Inclusion (DEI)
Caesars continues to advance equity across all divisions of the enterprise:
Employee Wellbeing
Caesars continued to invest in employee engagement, development and wellbeing in 2017:
PLANET: TAKING CARE OF THE WORLD WE ALL CALL HOME
In 2018, Caesars advanced its commitment to environmental stewardship by achieving approval from the Science Based Targets initiative (SBTi) for targets that are aligned with the level of decarbonization required to keep global temperature increase below 2 degrees Celsius.
Caesars committed to reducing absolute Scope 1 and 2 emissions 30% by 2025 and 95% by 2050 from a 2011 baseline. Caesars also set a Scope 3 target to have 60% of suppliers commit to their own science-based targets by 2023. With these goals, Caesars leads the gaming-entertainment industry and aligns with the small number of corporations around the world that have publicly committed to science-based targets.
Leadership Performance in Water, Climate Change and Supplier Engagement
Caesars’ company-wide environmental strategy, CodeGreen, continues to lead the industry and the corporate sector in general. Caesars is one of only 55 companies worldwide to achieve an A or A- score in three CDP rankings; the company was included in the Water A List and ranked A- for climate change disclosure and A- for supplier engagement.
PLAY: LEADING RESPONSIBLE GAMING PRACTICES IN THE INDUSTRY & CREATING MEMORABLE GUEST EXPERIENCES
Responsible Gaming
Caesars established the gaming industry’s first responsible gaming efforts almost 30 years ago. For 15 years, the Company has deployed Responsible Gaming Ambassadors at each property; there are currently 880 Responsible Gaming Ambassadors across North American casinos.
Creating Memorable Guest Experiences
With a mission of inspiring grown-ups to play, Caesars creates memorable guest experiences, from live entertainment and fine dining to exciting new gaming technologies.
For more information on Caesars’ Corporate Citizenship, please follow @CitizenCaesars on Twitter or Facebook and visit the Corporate Citizenship blog at www.caesarscitizenship.caesarsblogs.com.
About Caesars Entertainment
Caesars Entertainment is the world's most diversified casino-entertainment provider and the most geographically diverse U.S. casino-entertainment company. Since its beginning in Reno, Nevada, in 1937, Caesars Entertainment has grown through development of new resorts, expansions and acquisitions and its portfolio of subsidiaries now operate 49 casinos in 13 U.S. states and five countries. Caesars Entertainment and its affiliates operate primarily under the Caesars®, Harrah's® and Horseshoe® brand names. Caesars Entertainment's portfolio also includes the Caesars Entertainment UK family of casinos. Caesars Entertainment is focused on building loyalty and value with its guests through a unique combination of great service, excellent products, unsurpassed distribution, operational excellence and technology leadership. Caesars Entertainment is committed to its employees, suppliers, communities and the environment through its PEOPLE PLANET PLAY framework. For more information, please visit www.caesars.com.
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