Business
PENN Entertainment Publishes 2024 Corporate Responsibility Report
WYOMISSING, Pa.--(BUSINESS WIRE)-- PENN Entertainment, Inc., (“PENN” or the “Company”) (Nasdaq: PENN) North America’s leading provider of integrated
About this update from Penn Entertainment, Inc.
[{"type":"text","content":" WYOMISSING, Pa.--(BUSINESS WIRE)--\nPENN Entertainment, Inc., (“PENN” or the “Company”) (Nasdaq: PENN) North America’s leading provider of integrated entertainment, sports content and casino gaming experiences, published today its 2024 Corporate Responsibility report. The full report is available on the Corporate Responsibility page of the Company’s website.\n\n\nThe 2024 Report details PENN’s longstanding commitment to supporting its team members and neighbors, practicing good corporate citizenship, and ensuring responsible stewardship of the planet’s natural resources. These programs and initiatives comprise The PENN Way, which is reflective of the Company’s core values and the unique culture at PENN.\n\n\nKey highlights of PENN’s 2024 Corporate Responsibility Report Include:\n\n\n\nPENN Entertainment, through its Corporate office, retail casinos and Interactive businesses in Canada and Gibraltar, donated approximately $9 million in support of local charities and Veterans-focused organizations, and generated more than $16 million in economic development grants.\n\n\n\nPENN team members volunteered over 11,000 hours to help those in need.\n\n\n\nAwarded over $4.2 million in need-based scholarships to the children of our team members since the inception of our PENN Scholarship Fund, 58% of whom are first generation college students, and 61% of whom are female. In 2024, we recognized 44 graduates from the first year of our program.\n\n\n\nWith an ongoing focus on sustainability, we set an abatement goal of a 25% reduction in Scope 1 and 2 greenhouse gas emissions by 2030, and we expanded our climate-related disclosures, including filing with three of the major reporting frameworks for the first time.\n\n\n\nJay Snowden, CEO and President of PENN Entertainment commented: “I am thankful for the tireless efforts of our Board’s Nominating and Corporate Governance Committee, our internal Corporate Responsibility committee, and all of our Corporate, property and Interactive leadership teams for championing The PENN Way. Providing support to causes that are most important to our team members, customers, and key stakeholders is core to who we are, and I’m incredibly proud of all the work being done across PENN to carry forth these initiatives.”\n\n\nAbout PENN Entertainment, Inc.\n\n\nPENN Entertainment, Inc., together with its subsidia...