LAS VEGAS, Oct. 25, 2016 /PRNewswire/ -- Caesars
Entertainment Corporation (NASDAQ:CZR), the world's most
diversified casino-entertainment provider, has been awarded a
position on the Climate A List by CDP, the international
not-for-profit that drives sustainable economies.
Thousands of companies submit annual climate disclosures to CDP,
which was formerly named Carbon Disclosure Project, for independent
assessment against its scoring methodology. Caesars is one of 193
"A Listers" on the roll, which has been produced at the request of
827 investors with assets of US$100
trillion. Just 9% of the corporations participating in CDP's
climate change program are awarded a position on the Climate A
List.
"Our long term financial health depends on our ability to
operate efficiently and sustainably, which puts smart climate
strategy at the heart of our business," said Jan Jones, Executive Vice President, Government
Relations and Corporate Responsibility at Caesars Entertainment.
"Inclusion on the CDP A List is important recognition for all our
stakeholders, including Caesars' employees, guests and
shareholders."
Caesars is among the global organizations that have committed to
business leadership and policy alignment on climate through an
initiative led by We Mean Business, a coalition of organizations
including CDP, World Resources Institute (WRI), and World Wildlife
Fund (WWF), among others. In conjunction with last year's
COP21, the UN conference at which
national leaders came together to reach a global agreement to
reduce carbon emissions and limit the Earth's warming, the
commitments are designed to urge policymakers and business leaders
to recognize the urgency in tackling climate change.
"We congratulate the 193 A List companies that are leading the
charge towards our low carbon future," said CDP's chief executive
officer Paul Simpson. "Companies are
key actors in enabling the global economy to achieve its new
climate goals, and the leadership of this group points the way for
others to take bold action and capitalize on the many opportunities
that await."
The carbon management strategy developed by Caesars is a
cornerstone of the company's CodeGreen environmental program, which
was established in 2008. Activities to reduce energy and associated
carbon emissions include:
- the installation of more than 16,000 digital thermostats with
integrated occupancy sensors in guestrooms;
- the replacement of more than 500,000 high-efficiency LED light
bulbs;
- the installation of occupancy control sensors for
lighting;
- the conversion of more than 16,000 showerheads and aerators to
low-flow versions;
- and the implementation of operational changes in guestrooms,
convention spaces and food and beverage outlets to reduce energy
usage.
Caesars has reduced its energy consumption on a per-square-foot
basis by 23.4% since 2007, exceeding its 2015 target. It has
since set a new 2020 goal of further reducing fossil fuel based
consumption (per air-conditioned square foot of space) by 30% from
its 2007 baseline.
Caesars also works with CDP on evaluation of water risk, and its
sustainable supply chain strategy. As part of a multi-company
initiative of CDP, Caesars is one of 75 organizations that invite
suppliers to disclose their greenhouse gas emissions data to this
leading global database. Caesars has a goal to achieve 50%
disclosure of the top 150 suppliers by 2020.
For more information on Caesars' Corporate Citizenship, please
follow @CitizenCaesars on Twitter, see the 2016 Sustainability
Report and visit the Corporate Citizenship blog.
About Caesars Entertainment
Caesars Entertainment
Corporation (CEC) is the world's most diversified
casino-entertainment provider and the most geographically diverse
U.S. casino-entertainment company. CEC is mainly comprised of the
following three entities: the majority owned operating
subsidiary Caesars Entertainment Operating Company, wholly
owned Caesars Entertainment Resort
Properties and Caesars Growth Properties, in which we
hold a variable economic interest. Since its beginning
in Reno, Nevada, 75 years ago, CEC has grown through
development of new resorts, expansions and acquisitions and its
portfolio of subsidiaries now operate 50 casinos in 13 U.S. states
and five countries. The Company's resorts operate primarily under
the Caesars®, Harrah's® and Horseshoe® brand names. CEC's portfolio
also includes the London Clubs International family of
casinos. CEC is focused on building loyalty and value with its
guests through a unique combination of great service, excellent
products, unsurpassed distribution, operational excellence and
technology leadership. For 15 years, the Caesars Code of Commitment
has underpinned its approach to citizenship and responsible
business practices while inspiring employees, guests, partners and
communities to share in making a positive contribution to society
and protecting the environment. For more information, please
visit www.caesarscorporate.com.
Logo -
http://photos.prnewswire.com/prnh/20120607/LA21221LOGO
To view the original version on PR Newswire,
visit:http://www.prnewswire.com/news-releases/caesars-entertainment-joins-cdp-a-list-300350898.html
SOURCE Caesars Entertainment