The company was included in DJSI World and DJSI North America for the fifth consecutive year; subsidiary Arenas China Ltd (HK:). was appointed to DJSI World and DJSI Asia Pacific for the third year.
Sands and Sands China are the only two companies of the 18 invited to participate in the Casino (EPA:) and game category listed in DJSI World this year. Sands is the only company in the Casino and game category listed in DJSI North Americaand Sands China is one of only two companies in the Casino and gaming category included in DJSI Asia Pacific.
DJSI World comprises global sustainability leaders identified by S&P Global through the Assessment. It represents the top 10% of the largest 2,500 companies in the S&P Global Broad Market Index based on long-term economic, environmental and social criteria. DJSI North America and DJSI Asia Pacific represent the top 20% of the 600 largest companies in North America and the top 20% of the 600 largest companies in the world.
“Closing this year with our fifth consecutive placement at DJSI speaks to the tremendous collaboration within many areas of our company, all working hand in hand to advance our environmental, social and governance initiatives,” Katarina Tesarova, senior vice president and director said the responsible for sustainability. “We greatly value the DJSI as a benchmark for our performance, as well as their valuable feedback. Receiving recognition on these lists is a fantastic endorsement, but we also learn from the process each year.”
Sands has leveraged the S&P Global Corporate Sustainability Assessment along with a number of external benchmarks and industry standards to shape its corporate responsibility programs and set ESG goals, which have helped the company gain recognition across DJSI and other corporate responsibility classifications. Most recently, Sands was named to Newsweek’s list of America’s Most Responsible Companies. The company ranked 60th.th of 600 companies included in Newsweek’s list and first in the hotel, gastronomic and leisure industry.
Among the many objectives Sands has set to drive progress on its corporate responsibility during its 2021-2025 ESG reporting cycle are three main ambitions aimed at increasing the company’s impact in the areas of workforce development, community service and reduction of carbon emissions. These ambitions align with Sands’ People, Communities and Planet corporate responsibility pillars.
Under the People pillar, Sands intends to invest
Under its Communities pillar, Sands has set a goal of contributing 250,000 team member volunteer hours by 2025 to promote causes in local regions. As of the end of 2023, Sands team members had logged 222,823 hours of volunteering in support of local nonprofits and community issues since 2021.
The company’s main ambition under the Planet pillar of its corporate responsibility platform is to achieve a 17.5% reduction in carbon emissions by 2025. At the end of 2023, Sands’ carbon emissions reduction performance was 50% below base year, despite resort. visitation returned to pre-pandemic levels, driving increases in energy consumption.
Sands will update progress made towards 2024 towards these ambitions in its next ESG report published in spring 2025.
The DJSI, including DJSI Worldwere launched in 1999 as the pioneering series of global sustainability benchmarks available on the market. The family of indices is made up of global, regional and national benchmarks. The S&P Global Corporate Sustainability Assessment is an annual assessment of companies’ sustainability practices and covers more than 13,000 companies worldwide. It measures performance on a wide range of industry-specific economic, environmental and social criteria that are relevant to the growing number of sustainability-focused investors.
To learn more about Sands’ ESG initiatives, read its latest ESG report here: https://www.sands.com/resources/reports/.
About Sands (NYSE: LVS)
Sands is the world’s leading developer and operator of integrated resorts. The company’s iconic properties drive valuable leisure and business tourism and provide significant economic benefits, sustained job creation, financial opportunities for local businesses and community investment to help make their host regions ideal places to live, work and visit .
Sands’ property portfolio includes
Dedicated to being a leader in corporate responsibility, Sands is founded on the founding principles of serving people, communities and the planet. The company’s ESG leadership has led to its inclusion in the Dow Jones Sustainability Indices for the world and