Environmental organization CDP adds MGM
Resorts to its prestigious A List
LAS
VEGAS, Dec. 14, 2022 /PRNewswire/ -- MGM Resorts
International (NYSE: MGM) ("MGM Resorts" or the "Company") has been
recognized for leadership in corporate transparency and performance
on climate change and water security by global environmental
non-profit CDP, securing a place on the organization's annual A
List.
MGM Resorts recognized by CDP for climate
change and water security transparency
"This marketplace recognition by CDP is a reflection of our
ongoing strategic prioritization of sustainability across our
business operations and supply chain," said Jyoti Chopra, Chief People, Inclusion and
Sustainability Officer at MGM Resorts. "We are fiercely committed
to corporate environmental leadership and continuing our efforts
around water stewardship and the fight against climate change."
Based on data reported through CDP's 2022 Climate Change and
Water Security questionnaires, MGM Resorts is one of 57 companies
to achieve a double-A rating on climate change and water security,
out of more than 15,000 scored. A detailed and independent
methodology is used by CDP to assess companies, allocating a score
of A to D-minus, based on the comprehensiveness of disclosure,
awareness and management of environmental risks, and demonstration
of best practices associated with environmental leadership, such as
setting ambitious and meaningful targets. Those who do not disclose
or provided insufficient information are scored an F.
"Environmental transparency is the first vital step towards a
net-zero and nature-positive future. In a year of ever-increasing
environmental concerns around the world – from extreme weather to
unprecedented losses to nature – the need for transformational,
urgent and collaborative change is more critical than ever," said
Dexter Galvin, Global Director of
Corporations and Supply Chains at CDP. "As CDP continues to raise
the bar on what qualifies as climate, forests and water leadership,
we hope to see the ambitions and actions of companies on the A List
– and those wanting a place on it – do the same."
MGM Resorts is focused on creating a more environmentally
sustainable future, recognizing that climate change presents
significant risks and opportunities to business, people and the
planet. The Company has adopted a culture of innovation to reduce
emissions and continues to take bold steps towards climate
leadership in the industry. Additional information on MGM Resorts'
environmental and sustainability efforts can be found
HERE.
The full list of companies that made this year's CDP A List is
available on its website at:
https://www.cdp.net/en/companies/companies-scores
About MGM Resorts International
MGM Resorts
International (NYSE: MGM) is an S&P 500® global entertainment
company with national and international locations featuring
best-in-class hotels and casinos, state-of-the-art meetings and
conference spaces, incredible live and theatrical entertainment
experiences, and an extensive array of restaurant, nightlife and
retail offerings. MGM Resorts creates immersive, iconic experiences
through its suite of Las
Vegas-inspired brands. The MGM Resorts portfolio encompasses
33 unique hotel and gaming destinations globally, including some of
the most recognizable resort brands in the industry. The Company's
50/50 venture, BetMGM, LLC, offers U.S. sports betting and online
gaming through market-leading brands, including BetMGM and
partypoker, and the Company's subsidiary LeoVegas AB offers sports
betting and online gaming through market-leading brands in several
jurisdictions throughout Europe.
The Company is currently pursuing targeted expansion in
Asia through the integrated resort
opportunity in Japan. Through its
"Focused on What Matters: Embracing Humanity and Protecting the
Planet" philosophy, MGM Resorts commits to creating a more
sustainable future, while striving to make a bigger difference in
the lives of its employees, guests, and in the communities where it
operates. The global employees of MGM Resorts are proud of their
company for being recognized as one of FORTUNE® Magazine's World's
Most Admired Companies®. For more information, please visit us at
www.mgmresorts.com. Please also connect with us @MGMResortsIntl on
Twitter as well as Facebook and Instagram.
About CDP
CDP is a global non-profit that runs the world's environmental
disclosure system for companies, cities, states and regions.
Founded in 2000 and working with more than 680 financial
institutions with over $130 trillion
in assets, CDP pioneered using capital markets and corporate
procurement to motivate companies to disclose their environmental
impacts, and to reduce greenhouse gas emissions, safeguard water
resources and protect forests. Nearly 20,000 organizations around
the world disclosed data through CDP in 2022, including more than
18,700 companies worth half of global market capitalization, and
over 1,100 cities, states and regions. Fully TCFD aligned, CDP
holds the largest environmental database in the world, and CDP
scores are widely used to drive investment and procurement
decisions towards a zero carbon, sustainable and resilient economy.
CDP is a founding member of the Science Based Targets initiative,
We Mean Business Coalition, The Investor Agenda and the Net Zero
Asset Managers initiative. Visit cdp.net or follow us @CDP to find
out more.
MGM RESORTS CONTACTS:
Andrea
Bruce
Manager, Social Impact & Sustainability Communications
Abruce@mgmresorts.com
702-460-6573
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SOURCE MGM Resorts International