Verification and Transparency
In 2012, we demonstrated continuous improvement in our CodeGreen strategy. Caesars Entertainment engaged an independent external auditor to verify our carbon emission disclosures and we continued to report our carbon emission disclosures to the Carbon Disclosures Project. For the first time we also reported our water consumption data. Verification of our greenhouse gas emissions data was conducted by an accredited verifier from TRC Solutions Inc., a California Air Resources board (ARB) Accredited GHG Emissions Verification Body. The verifier used the ISO 14064 standard and found that our GHG emissions inventory for 2012 was “free of material misstatement.” The verification is available on our website.
The Carbon Disclosure Project (CDP) is the world’s leading initiative to tackle climate change by helping organizations drive down GHG emissions and water consumption and mitigating environmental risk in supply chains. By disclosing our performance to the Carbon Disclosure Project, Caesars Entertainment joins the ranks of the world’s leading companies who are serious about environmental stewardship. We became the first company in the gaming sector to disclose our carbon emissions to the CDP in 2010.
“CDP’s globally standardized disclosure platform enables shareholders to incorporate environmental factors, such as carbon and water, into investment decision making, helping mitigate risks and an increasingly volatile and natural resource constrained economy. Given the challenges ahead, companies able to account for and demonstrate actions to improve performance on carbon emissions and water conservation are well positioned to thrive. In the hospitality sector, this is crucially important as the customer base is informed and looking to its chosen brands for evidence of real action on environmental protection.” Tom Carnac, Managing Director of CDP North America