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News: Wellness + Sustainability
January 8, 2014

Caesars Entertainment Details Energy Savings

The company savings show an 8.5 percent reduction in electricity and gas

News:

Wellness + Sustainability
January 8, 2014

Caesars Entertainment Details Energy Savings

The company savings show an 8.5 percent reduction in electricity and gas

Caesars Entertainment Corporation has saved approximately 750 million kilowatt (kWh)-hours since its benchmark-year in 2007-showing an 8.5 percent absolute reduction in electricity and gas. These savings equal enough energy to power a community of more than 30,000, according to Caesars Entertainment’s fourth Corporate Social Responsibility (CSR) and Sustainability Report.

The report is the first from a U.S. company to be written in accordance with the Global Reporting Initiative (GRI) RI G4 Sustainability Reporting Guidelines CORE level. The G4 Guidelines offer an international reference for disclosure of governance approach and of the environmental, social, economic performance, and impacts of organizations.

“We’re grateful for the recognition we’ve received for our CSR and sustainability initiatives, which are integrated into the way we operate our company,” says Gary Loveman, Caesars Entertainment chairman, CEO, and president. “But we’re even more proud of the effort our employees have made to help us achieve that progress.”

Among Caesars’ environmental achievements, the company has completed 37 corporate efficiency projects. The investment of $3.5 million accounts for nearly 24 million kWh energy savings annually. As for social activeness, Ceasars Entertainment has supported a comprehensive immigration reform that both advances border security and streamlines the immigration process. In the U.S. alone, Caesars employees also donated more than 130,000 hours to support local communities.

“It’s been a journey, but adhering to the G4 framework helped us identify and quantify the issues that matter most to our stakeholders and to our business, and we strive to strategically connect our sustainability efforts to the most critical global issues,” says Gwen Migita, Caesars Entertainment’s vice president of sustainability and community affairs. “We hope that reporting our performance on issues related to our employees, the community, our guests, and the environment offers a clear view as to how we conduct business and we welcome feedback.”

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