LAS VEGAS, — Caesars Entertainment Corporation, formerly known as Harrah’s Entertainment, Inc., announced another environmental first for the gaming entertainment industry with its U.S. Environmental Protection Agency (EPA) approved commitment to reduce its greenhouse gas (GHG) emissions and carbon inventory by 10 percent from 2007 to 2013.
“Caesars Entertainment is proud to lead the way in the gaming entertainment industry with our EPA-approved pledge to reduce our environmental impact in the many communities we serve,” said Gary Loveman, Chairman, CEO and President of Caesars Entertainment. “During the past seven years, our environmental stewardship has evolved into a momentous sustainability effort including more than 110 energy reduction and conservation programs implemented daily by our dedicated employees in our 39 domestic casino resorts.”
Since becoming the first company in the gaming entertainment industry to join the EPA Climate Leaders in 2008, Caesars has been working with the EPA to develop a comprehensive climate change strategy for its casino resorts in the United States.
While only recently announced, Caesars has made significant strides toward achieving its goal. Since 2003, the company has invested more than $60 million in energy retrofits, training and green building initiatives that have resulted in decreased carbon emissions by 106,000 metric tons, the equivalent of 122,000 round trip flights from Los Angeles to New York not taken. Caesars has also reduced its carbon dioxide emissions by 243 million pounds a year, the equivalent 247,000 barrels of oil. These accomplishments are obtained through the company’s sustainability initiative, CodeGreen, which is comprised of programs and projects at its casino resorts nationwide that promote environmental sustainability and responsible use.
Loveman added, “From installing steam generators in Atlantic City to redesigning Las Vegas resorts’ laundry facilities to preserve precious water resources, we are aligning all we do with the goal of fulfilling our commitment to the communities, our environment and ourselves.”
As a part of Caesars accountability, the company reports its improvement each year directly to the EPA, the Carbon Disclosure Project, a not-for-profit climate research collection organization, and includes its milestones in its Environmental Sustainability and Community Engagement annual report.
Caesars is benchmarking its progress against its carbon inventory comprised of six greenhouse gases and emissions generated on-site (Scope One emissions) as well as emissions from purchased energy such as electricity (Scope Two emissions) from 2007 to 2009.
The company used Climate Leaders GHG Inventory Guidance, based on the existing GHG Protocol Corporate Accounting and Reporting Standard developed by the World Resources Institute and the World Business Council for Sustainable Development, to quantify the emissions from its operations. The inventory currently does not cover emissions from the 2010 acquisition of Planet Hollywood Resort & Casino for which data is not yet available.