{"featuredTitle":"CodeGreen Initiatives","featuredDescription":"Caesars Entertainment is committed to environmental stewardship. It’s a key pillar of PEOPLE PLANET PLAY and part of our Code of Commitment. Our Planet strategy and programming has become part of the way we do things at Caesars Entertainment.","featuredImageReference":"/content/dam/empire/csr/planet/1920x1080/csr-hero-group-volunteering-1920x1080.jpg","featuredImageDescription":null,"featuredLinkLabel":"Read Climate Change Policy","featuredPath":"https://www.caesars.com/content/dam/corporate/corporate-social-responsibility/PlanetFiles/caesars_entertainment_environmental_sustainability_policy_vmay2022.pdf","featuredOpenInNewTab":false,"items":[{"imageReference":"/content/dam/empire/csr/planet/1600x900/csr-volunteers-planting-trees-1600x900.jpg","mobileImage":"","category":"","customBannerText":"","customBannerColor":null,"bannerType":"","tabName":"Environmental Mgmt","title":"Environmental Management","subtitle":"","singlePrice":"","description":"

In addition to our direct engagement with Team Members from all areas of the business, we seek to embed environmental stewardship across all business activities. These include procurement, design & construction, meetings & conventions, and more. The heart of our all our Planet programming is our ability to fulfill our customer expectations, engage our Team Members, and leverage their ideas and energy into investments that continuously improve our business and environmental performance. This strategy requires an environmental management approach that coordinates the many environmental efforts taking place across the company.

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As a major operator of hotels and resorts, Caesars Entertainment’s business impacts on the environment are most related to the energy and water intensiveness of our facilities, waste produced by our operations, and environmental practices represented by our supply chain. We are committed to reducing our business impacts on

the environment by mitigating our effect on climate change. In 2019, we updated our previously approved science-based targets to be in line with well below 2 degrees Celsius per the Science Based Targets initiative.. After the 2020 merger between Eldorado Resorts and Caesars Entertainment, we began to take a look at how to set targets and goals for the combined entity and expand our strategy to all operations once again.

Our Goals:

Science-Based GHG Targets: Reduce Scope 1 and 2 emissions by 35% by 2025 and 100% by 2050*
Science-Based Scope 3 Target: 60
% of suppliers by spending institute science-based GHG reduction targets for their operations by 2023*

*Background GHG Targets: The Environmental Protection Agency developed a system to track different types of greenhouse emissions, which are attributed to climate change. They are Scope 1, 2, and 3. Scope 1 includes direct emissions, or sources of greenhouse gases that Caesars owns, like non-electric vehicles. Scope 2 includes indirect emissions, or sources of greenhouse gases that Caesars purchases, like electricity from utility companies. Scope 3 is emissions generated by other companies that are part of the Caesars’ supply chain, like food producers or linen suppliers.

Progress on our environmental goals is reported annually in our Corporate Social Responsibility report.

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Environmental opportunities, risks, and programs are managed strategically within several departments, including Corporate Social Responsibility and Facilities & Engineering, Enterprise Risk Management, and Government Relations. Environmental commitments are overseen at the Board level by the CSR Board Committee, headed by Jan Jones Blackhurst.

The Facilities & Engineering group conducts on-site property audits regularly to identify environmental risks and opportunities at the specific asset/property level. Caesars’ Sustainable Operations group works with the Risk Management and the Facilities & Engineering groups to further identify climate-related risks and opportunities. The Risk Assessment methodologies, as well as the on-site audits, embody the Caesars Code of Commitment and identify risks and opportunities that potentially impact our fundamental commitment to our guests, our employees, environmental stewardship, and our local communities.

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As part of our Planet strategy, we undertook an effort to follow green building practices outlined in the U.S. Green Building Council’s (USGBC)

LEED requirements. Our first LEED-certified building was the Octavius Convention Center at Caesars Palace in 2009.

CAESARS FORUM, opened in 2020, conforms to the U.S. Green Building Council’s LEED Standards and is undergoing certification, with Gold expected. It is the sixth major new construction project to be built to LEED standards and the third LEED-compliant major meetings and convention space owned and operated by Caesars Entertainment.

We have applied LEED Standards across a further 13 existing properties, which, although not formally certified, meet Gold or Silver LEED standards in almost all respects. We continue to look for opportunities to apply the highest standards of green and sustainable construction across our existing and new properties.

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Our material impacts were defined in 2013 following extensive dialogue with primary stakeholders and were revised in 2015 in consultation with our External Advisory Board. Caesars has commenced a new stakeholder mapping, materiality analysis, and ESG risk assessment to be completed in early 2022.

Since 2010, our annual CSR Report has been written in accordance with the Global Reporting Initiative (GRI) Standards, core option. The Global Reporting Initiative (GRI) guidelines represent the most widely-used corporate citizenship and sustainability reporting framework in the world today. GRI principles have informed our reporting approach: materiality (the issues relevant to our most significant impacts and which are of most importance to stakeholders), stakeholder inclusiveness (responding to stakeholder expectations and interests), sustainability context (presenting our performance in the wider context of sustainability issues) and completeness (inclusion of all the information which reflects significant economic impacts to enable stakeholders to assess our performance).

Beginning in 2021, we have also disclosed against the Sustainable Accounting Standards Board (SASB) Hotel & Lodging and Casino & Gaming criteria. Since 2021 we have also reported against the Taskforce on Climate-Related Financial Disclosures (TCFD)

We disclose our performance in annual submissions to CDP Climate Change and CDP Water Security. CDP, formerly the Carbon Disclosure Project, is the world’s leading initiative to tackle climate change by helping organizations drive down GHG emissions, and water consumption and mitigate environmental risk in their supply chains. By disclosing our performance to the CDP, we join the ranks of the world’s leading companies that are serious about environmental stewardship.

We externally assure several environmental metrics annually. Optera verification has been conducted in accordance with ISO 14064–3 Specification with guidance for validation and verification of greenhouse gas assertions and (2) GRI’s G4 Sustainability Reporting Guidelines. The verification has been conducted to achieve a limited level of assurance. Given the status of Caesars’ GHG emissions and water withdrawal data and management system, a limited level of assurance verification was appropriate for this project.

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Caesars Entertainment initiated the industry’s first Responsible Meetings and Events Certification Program to help customers plan more environmentally and socially responsible meetings. Corporate social responsibility is embedded in meetings, gatherings, conventions and private events we host each year, allowing our more than two million meeting guests to meet without concern about their footprint. Caesars Entertainment developed its third iteration of the Responsible Meetings program which further embeds Diversity, Equity and Inclusion (DEI) into its certificate training which is extended to team member education programs at the individual level through a gamification platform. Responsibility is integrated into every Caesars Entertainment meeting, whether the client requests it or not. Responsible Meetings encompass a range of coordinated corporate social responsibility efforts, including:

Sustainable Practices (e.g. electronic menus)
Energy Efficient Facilities
Community Partnerships & Engagement Opportunities (e.g. donating unused meeting materials)
Environmentally Preferred Choices (e.g. reusable linens and recyclable flatware)
Environmentally conscious and Efficient Transportation Options
Certifications & Reporting
Responsible Gaming & Business Practices