Press release
Wynn Resorts Highlights Corporate Sustainability Goals and Community Impact With Release Of 2021 Environmental, Social and Governance Report
LAS VEGAS, June 27, 2022 /PRNewswire/ -- Wynn Resorts (Nasdaq: WYNN) recently issued its Environmental, Social and Governance (ESG) Report, defining the
About this update from Wynn Resorts, Limited
[{"type":"text","content":"LAS VEGAS, June 27, 2022 /PRNewswire/ -- Wynn Resorts (Nasdaq: WYNN) recently issued its Environmental, Social and Governance (ESG) Report, defining the Company's important milestones in 2021. The report provides insight into key initiatives including the Company's continued commitment to decrease emissions; an enhanced Diversity and Inclusion program; a comprehensive Human Trafficking Prevention program; and transformative investments in the communities in which the Company operates.\n\n \n \n \n \n \n \n\n \n\"Wynn Resorts brings the same level of effort and dedication to our ESG efforts as we do to all our business operations. We focus those efforts around three key areas: Our People, Our Communities, and Our Planet,\" said Craig Billings, CEO of Wynn Resorts. \"As proud as I am of the accomplishments mentioned in this report, I'm confident our record will continue to improve thanks to our talented and dedicated team.\"\nThe Wynn Resorts sustainability program, known as Goldleaf, houses scientific solutions to the wide range of environment and climate challenges that are unique to each resort. In 2020, the Company clearly defined ambitious corporate sustainability goals that are aligned with the recommendations made by the Intergovernmental Panel on Climate Change:\nNet-Zero by 2050: To reduce or offset all carbon dioxide (CO2) produced by our operations no later than 2050.Carbon Dioxide Emissions Peak by 2030: To stop and reverse year-over-year growth of operational carbon dioxide (CO2) emissions by 2030.50% Renewable Energy Procurement by 2030: To increase Wynn Resorts' supply of renewable energy produced or procured to at least 50% of total consumption by 2030.In 2021, the Company achieved key metrics to advance environmental initiatives:\nWynn Las Vegas reduced its annual water consumption by 16% relative to 2019. To adapt to today's challenges, Wynn Las Vegas collaborates on water conservation goals with the Southern Nevada Water Authority. The resort monitors and minimizes water usage, with the goal of reducing consumptive water use. The Company's mitigation programs include investing in smart technologies, controlling and repairing leaks, metering water use on a functional basis, prioritizing water efficiency equipment and appliances, and aligning practices across the portfolio of resorts.Encore Boston Harbor continues...