Las Vegas Sands Corp. Announces Multimillion-Dollar Corporate
Partnerships With University of Nevada, Las Vegas, and Clean the
World
Company's New Corporate Citizenship Program Designed to Make
Global Impact, While Better Addressing Needs of Local
Communities
LAS VEGAS, NV--(Marketwired - Apr 3, 2014) - Las Vegas Sands
Corp. (NYSE: LVS) today announced a new global corporate
citizenship commitment, highlighted by signature global
partnerships with the William F. Harrah College of Hotel
Administration at the University of Nevada, Las Vegas (UNLV) and
the international nonprofit organization, Clean the World.
The world's premier developer and operator of integrated resort
destinations, Las Vegas Sands (LVS), will contribute $7 million to
the UNLV hotel college over five years to develop a global
professional and executive education program and assist in the
construction of a new academic building, as well as $1 million to
Clean the World in 2014, the largest corporate gift in the
nonprofit's history. Clean the World collects and recycles
discarded hygiene products from hospitality companies and
distributes them to those in need in more than 70 countries who are
at risk for life-threatening, but highly preventable,
hygiene-related diseases, such as pneumonia, cholera and
dysentery.
Both commitments are part of LVS' new global corporate
citizenship program, Sands Cares, which manifests the company's
core corporate social responsibility focus: supporting people in
the company and the hospitality industry, making local communities
where LVS operates a better place to live, and reducing
environmental impact on the planet.
In addition to the global partnerships, Sands Cares provides a
more cohesive approach to corporate giving and support in local
communities where Las Vegas Sands operates. The company will
fine-tune its efforts to address the most pressing issues in its
local communities through property-level support of initiatives
that make local communities more livable and attract people to the
area. Sands Cares is also designed to highlight and reinforce the
tremendous charitable achievements already taking place across the
company's different properties around the world.
"LVS is committed to creating positive and tangible benefits in
the areas we care most about -- our team members, our industry, the
local communities we call home, and our planet," said Michael
Leven, LVS president and chief operating officer. "Sands Cares
and our work with UNLV and Clean the World will impact all of these
focus areas. With this corporate commitment uniting our teams
around the globe, we will truly make a difference on some very
important initiatives."
UNLV Partnership The LVS commitment to UNLV's hotel college
enables a first-of-its-kind global Center for International
Hospitality and Gaming Education, an elite educational program
intended to provide a variety of professional education assets to
hospitality professionals in Las Vegas, Singapore and Macao, where
LVS has significant presence, as well as in emerging
markets. The Center will deliver curriculum that enables
working professionals to obtain the skills and knowledge necessary
for advancing their careers, positioning UNLV as the world's
premier educational leader in the hospitality and gaming
industry.
The LVS funding also supports construction of UNLV's new
Hospitality Hall, which will offer world-class educational
facilities to build stronger links between the hospitality industry
and the UNLV hotel college. Matched with state funding, the
building is anticipated to be complete in fall 2017.
"With LVS' support, we are setting the global standard in
hospitality and gaming education and development of the industry's
future leaders and scholars," said Stowe Shoemaker, dean of the
William F. Harrah College of Hotel Administration. "These endeavors
are vital for continuing UNLV's leadership and building an
environment that enhances the learning styles of tomorrow's
students, creating a truly global classroom."
Clean the World Partnership LVS' extended partnership with Clean
the World will significantly accelerate the organization's unique
mission to turn waste into life-saving hygiene products and marks a
considerable expansion of LVS' existing relationship with the
nonprofit organization. Since 2011, Clean the World and LVS
have diverted more than 52 tons of waste from LVS properties,
resulting in more than 367,000 bars of recycled soap for needy
populations.
In 2014, LVS is investing a myriad of resources to help increase
Clean the World's impact both in the United States and
internationally, as well as to the communities where LVS operates
to provide hygiene supplies for underserved populations. The
partnership includes underwriting and team member volunteer time to
build thousands of hygiene kits for distribution to homeless
shelters and resource centers in local communities where LVS
operates, as well as support for building 100,000 hygiene kits
specifically earmarked for disaster relief efforts around the
world. In addition, LVS will host a series of soap
distribution trips, in which its team members help Clean the World
distribute soap in international destinations while providing
hygiene education. Finally, LVS' financial commitment will
underwrite critical manufacturing equipment in Las Vegas and Asia,
allowing Clean the World to double its global soap production and
distribution to more than 6.5 million bars of soap annually.
"This partnership is monumental for our mission to propel the
global hygiene revolution," said Shawn Seipler, co-founder and
executive director of Clean the World. "LVS' willingness to
step beyond the normal product recycling partnership shows a deep
commitment to this cause. It's a win-win for reducing impact
on the environment while helping homeless and impoverished
populations, as well as disaster victims, gain access to simple
products that can make a big impact on their lives."
Beyond the expanded partnerships with UNLV and Clean the World,
LVS has established a number of global and local programs as part
of Sands Cares to further support the company's corporate
citizenship goals. Initiatives include a mix of team member
volunteerism, charitable partnerships in local communities and
extension of LVS' award-winning on-property global sustainability
program, Sands ECO360°, into communities.
For more information about Sands Cares and key initiatives,
please visit www.sandscares.sands.com.
About Las Vegas Sands Corp. Las Vegas Sands (NYSE: LVS) is the
world's leading developer and operator of Integrated Resorts. Our
collection of Integrated Resorts in Asia and the United States
feature state-of-the-art convention and exhibition facilities,
premium accommodations, world-class gaming and entertainment,
destination retail and dining including celebrity chef restaurants,
and many other amenities.
Our properties include the five-diamond Venetian and Palazzo
resorts and Sands Expo Center 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 and Sands Cotai Central, 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
nearly 50,000 employees worldwide, driving impact through its Sands
Cares corporate citizenship program and leading innovation with the
company's award-winning Sands ECO360° global sustainability
program. To learn more, please visit www.sands.com.
Contacts: Ron Reese (702) 414-3607 Ciara Matthews (702)
414-4765
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