Sands Releases Its 2024 Environmental, Social and Governance Report

About this update from Las Vegas Sands Corp.

[{"type":"text","content":"LAS VEGAS, NV / ACCESS Newswire / May 12, 2025 / Company surpasses its 2021-2025 ambitions in workforce development and community service contributions, while performing ahead in emissions reduction.","length":199,"tagName":"p"},{"type":"text","content":"Published by Las Vegas Sands on April 10, 2025","length":46,"tagName":"p"},{"type":"text","content":"Las Vegas Sands (NYSE:LVS) has released its latest environmental, social and governance (ESG) report, outlining the company's 2024 performance on the corporate responsibility priorities established for its 2021-2025 reporting period.","length":237,"tagName":"p"},{"type":"text","content":"Most notably, Sands has surpassed two of its three primary ambitions in the areas of workforce development and community volunteerism while performing ahead of its 17.5% science-based emissions reduction target. These goals align with the company's People, Communities and Planet corporate responsibility pillars.","length":317,"tagName":"p"},{"type":"text","content":"At the close of 2024, Sands had spent $220 million on workforce development initiatives, accomplishing its People pillar ambition to invest $200 million by 2025. In achieving this target, Sands spent nearly $38 million in 2024 to advance job skills and career training for Team Members, hospitality industry professionals and the local labor pool in its regions.","length":362,"tagName":"p"},{"type":"text","content":"The company also surpassed its Communities pillar target of contributing 250,000 Team Member volunteer hours by 2025, with a total of 255,955 hours amassed between 2021-2024. Sands' Team Members logged 33,132 volunteer hours for more than 70 nonprofit organizations in 2024.","length":278,"tagName":"p"},{"type":"text","content":"Sands' scope 1 and 2 emissions remained below its 2025 Planet ambition of reducing emissions by 17.5% from the 2018 base year, with emissions down 50% in 2024. Implementation of energy-efficiency projects and continued purchases of energy attribute certificates drove progress in this area.","length":294,"tagName":"p"},{"type":"text","content":"In 2024, the company also released its first low-carbon transition plan, which outlined a new 30% emissions-reduction target that complements its existing 17.5% emissions-reduction target validated by the Science Based Targets initiative (SBTi). ...

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