LAS VEGAS, Aug. 9, 2017 /PRNewswire/ -- Sands ECO360, the
global corporate sustainability program of Las Vegas Sands (NYSE:
LVS) has released its 2016 environmental report. The report
marks the company's first annual measurement against its revised
sustainability goals, building upon the success and key learnings
of original targets set in 2011 and reported on through 2015.
Since Sands ECO360's inception, LVS has established its
sustainability strategy around four key pillars to achieve the
greatest impact, including Green Buildings, Environmentally
Responsible Operations, Green Meetings and Events, and Stakeholder
Engagement. While these pillars remain the core of Sands
ECO360, LVS used two guiding principles to set its sustainability
goals for the next five years: the United Nations Sustainable
Development Goals (SDGs) and science-based targets methodology.
The SDGs are a set of 17 goals adopted by world leaders in
September 2015 to end all forms of
poverty, fight inequalities and tackle climate change. The
company's new targets address emissions reduction (SDG 7), water
conservation (SDG 6) and waste management (SDG 12), supported by a
commitment to one million Sands ECO360 actions. To establish
meaningful emissions reduction targets, LVS used science-based
targets methodology which provides organizations with a clearly
defined pathway to future-proof growth by specifying how much and
how quickly they need to reduce their GHG emissions. LVS is
the first Integrated Resort company to have them approved by the
Science Based Targets initiative.
"In 2016, we embarked on the next phase of our global
sustainability strategy, setting ambitious new five-year goals and
leveraging all that we have learned on our journey to become a
leader in sustainable development and operations," said Katarina
Tesarova, vice president of global sustainability for LVS.
"While LVS has made sustainability a key priority since 2007, in
many ways, this is a new beginning as well. We are
challenging ourselves to improve our results even further, and
contribute to the momentum behind the UN Sustainable Development
Goals and Science Based Targets initiative."
A key milestone for Sands ECO360 in 2016 was the opening of The
Parisian Macao. This iconic property hosts a number of
innovative features that make it LVS' most sustainable and
energy-efficient development to date. From revamping its
lighting design to allow 100 percent use of LED bulbs to installing
two sets of pipes to prepare for the future availability of
reclaimed grey water, environmental stewardship was a guiding
principle throughout the entire project, both in its structure and
operations. At The Parisian Macao, energy performance is 25%
better and water consumption is 40% less than the industry
benchmarks.
While The Parisian Macao represents the pinnacle of LVS'
sustainability achievements to date, the company reached a number
of other significant milestones in 2016, including:
- Completed 84 different energy efficiency projects across LVS'
portfolio of properties worldwide, expected to save more than 31
million kilowatt hours of electricity use.
- Achieved a combined 31 percent waste diversion rate globally.
In particular, LVS successfully hosted Asia's first-ever zero waste to landfill event
at its Marina Bay Sands resort in
Singapore on behalf of the
5th Responsible Business Forum on Sustainable
Development.
- Excluding the newly opened St. Regis and The Parisian Macao,
LVS reduced its absolute emissions by 9.1 percent, water
consumption by 5.7 percent and electricity consumption by 4.4
percent from 2015 across all existing properties.
- The company's 50,000 team members, along with green meeting
clients, completed more than 260,000 actions inspired by Sands
ECO360 in 2016, such as carpooling to work, installing water
efficient fixtures at home and building hygiene kits with
repurposed amenities from LVS resorts for nonprofit partner Clean
the World to support hygiene-vulnerable populations around the
world.
LVS has continued to earn extensive recognition for achievements
from external stakeholders, such as its inclusion in the Dow Jones
Sustainability Indices (DJSI) North
America, and earning a position on CDP's Climate A
List. Other awards LVS earned in 2016 include Macao Green
Hotel Gold Award for Sands Cotai Central in Macao, LEED Gold® for Building
Operations and Maintenance recertification for the Sands Expo and
the Congress Center at The Venetian and The Palazzo Las Vegas, and
The Pacific Asia Travel Association (PATA)'s Grand Award for
Environment for Marina Bay Sands in
Singapore.
To obtain additional information and to download the 2016 Sands
ECO360 Environmental Report in its entirety, please visit
http://www.sands.com/sands-eco-360/our-vision.html.
About Las Vegas Sands Corp.
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 business and leisure amenities. We pioneered the
MICE-driven Integrated Resort, a unique, industry-leading and
extremely successful model that serves both the business and
leisure 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 our
more than 50,000 team members worldwide, driving impact through its
Sands Cares corporate giving program and leading innovation with
the company's award-winning Sands ECO360 global sustainability
program. To learn more, please visit www.sands.com.
Contact:
Kristin Koca
Kristin.koca@sands.com
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SOURCE Las Vegas Sands Corp.