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Las Vegas Sands named to Dow Jones Stability Index for third year

Posted: Dec 21, 2022 10:48 Category: Casino , Land-Based , Posted by Sharon Singleton

Las Vegas Sands says it’s one of only three casino and gaming companies to be named to the Dow Jones Sustainability World Index (DJSI).

It’s the third year the operator has been recognised in the global index, while it has been included in the DJSI North America Index for the seventh time.

Las Vegas Sands said its Sands China unit was named to the world index for the first time and has made a repeat appearance in the Asia Pacific version of the index.

The DJSI represents the top 10 percent of the largest 2,500 companies in the S&P Global BMI. It ranks companies based on their long-term economic, environmental and social criteria. Launched in 1999, the DJSI is made up of global, regional and country benchmarks. 

Long-term commitment

“Our continued recognition on this premier global sustainability benchmark is a testament to our multi-faceted and long-standing commitment to environmental and social leadership,” said Patrick Dumont, Las Vegas Sands’ president and chief operating officer. “This focus further extends the value our world-class integrated resorts contribute to local economies and quality of life. Inclusion on the 2022 Indices was driven by our emphasis on being the employer and partner of choice in the regions we call home, the strategic investments we make to ensure our communities’ strength and resiliency, and our leadership in delivering comprehensive initiatives to minimize environmental impact.”

Earlier this year, Las Vegas Sands announced major initiatives in the field of corporate social responsibility. It said it will invest $200 million in workforce development by 2025, focused on building the workforce of the future. This will include a focus on health, safety, diversity and protection of fundamental rights and freedoms, amongst other initiatives. 

The global Sands Cares community engagement program leads Sands’ Community pillar and drives efforts to address hardship relief, promote educational opportunities and learning resources especially for underserved groups, advance local business and nonprofit partners, provide disaster relief and preparedness support, and preserve and protect the cultural and natural heritage of host communities.

Finally, Sands works to ensure the long-term environmental health of its regions through the Planet pillar, led by the Sands ECO360 global sustainability program, which drives initiatives addressing low-carbon transition, water stewardship, waste, plastic and packaging, and responsible sourcing.

 

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