Caesars Entertainment Hotels & Resorts

Caesars Entertainment, Inc., formerly Eldorado Resorts, Inc., is an American hotel and casino entertainment company founded and based in Reno, Nevada that operates more than 50 properties. Eldorado Resorts acquired Caesars Entertainment Corporation and changed its own name to Caesars Entertainment on July 20, 2020.

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3.7

Overall Excellence Rating

Industry

Hotel Companies

Category

Hotels & Resorts

ESG/Ethical Impact

At Caesars Entertainment, in line with global efforts to mitigate the effects of increasing planet temperatures, we have taken action to reduce the environmental impacts of our activities across the entire scope of our operations and supply chain, leading our industry in many aspects of energy reductions, emissions avoidance and resource efficiency. We were among the first in our industry to commit to Science Based Targets, using 2011 as our base line. Currently, our Science Based Targets commit us to reducing 100% of our emissions by 2050 to meet scientific guidelines needed to achieve global warming levels that are “well below 2 degrees.” We are reviewing these targets to meet updated Science Based Target initiative (SBTi) guidelines to align with a threshold of “below 1.5 degrees,” which the scientific community now believes must be achieved to avoid catastrophic climate change. We plan to submit our proposal for our more ambitious climate targets to SBTi in 2023 upon completion of our review and development of revised targets for Scope 1, 2 and 3 emissions.Renewable Energy: We are integrating renewable energy as part of our total electricity consumption through Purchase Power Agreements and on-site solar power generation that provide 15-18% of our total electricity requirement to power our proprieties and offices. Green Building: We aim to design and construct all new properties and renovations in line with green building principles, notably the U.S. Green Building Council’s Leadership in Energy and Environmental Design (LEED) standards. One of our most recent new buildings on the Las Vegas Strip, CAESARS FORUM, our flagship 550,000-square-foot conference center, was awarded LEED silver certification. Low-Carbon Supply Chain: We continue to promote carbon efficiencies and climate consciousness throughout our supply chain. In 2022, we again invited our top suppliers (by spend) to submit their climate data to the CDP Climate Change through the CDP Supply Chain program. 369 suppliers were invited and 24% responded. Electric Vehicle Charging: In 2022, our hosted Tesla charging stations in Las Vegas and Reno delivered over 170,000 charging sessions enabling approximately 18 million miles driven by electric vehicles. This clean transportation avoided approximately nine million pounds of CO2 emissions. Reducing And Recycling Waste: Across our properties, multiple initiatives are in place to reduce waste, by adopting more efficient practices to eliminate waste at the source, waste segregation for reuse and recycling opportunities, or by donating surplus products to local nonprofits. In 2022, we diverted 59% of our total waste from landfills.

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Awards Received

2023

Revenues

$10,820,000,000.00

Website Traffic

Employee Rating

3.4

Customer Rating

4.1

Company Size

10000+

ESG Risk Rating

3

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