As a major operator of hotels and resorts, Caesars’ 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. We updated our previously approved science-based targets to be in line with well below 2 degrees Celsius per the Science Based Targets initiative. In 2021, we expect to establish a new baseline as a combined company.
*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 greenhouses 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 are 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.
Established with a baseline year of 2007 for environmental targets and 2011 for our science-based goals, CodeGreen encompasses additional elements of our corporate responsibility strategy for a comprehensive approach and includes community involvement and engagement of our colleagues at many different levels, both at work and at home.