Las Vegas Sands Corp. and its subsidiary, Sands China, have once again been recognized on the prestigious Dow Jones Sustainability Indices (DJSI), marking a significant achievement in their ongoing commitment to environmental, social, and governance (ESG) excellence. For the fifth consecutive year, Las Vegas Sands has earned placements on both the DJSI World and DJSI North America, while Sands China continues its presence on DJSI World and DJSI Asia Pacific for the third year in a row.

Sustained recognition in a competitive category:

This year, Sands and Sands China stood out as the only two companies from the casino and gaming category to secure a position on the DJSI World. Sands also earned the distinction of being the sole casino company listed on DJSI North America, while Sands China is one of only two gaming entities included on the DJSI Asia Pacific index.

These achievements highlight the rigorous selection process involved. According to S&P Global, the DJSI World Index represents the top 10% of the largest 2,500 companies in the S&P Global Broad Market Index, evaluated based on long-term economic, environmental, and social criteria. Meanwhile, the North America and Asia Pacific indices recognize the top 20% of the 600 largest companies in their respective regions.

Katarina Tesarova, Senior Vice President and Chief Sustainability Officer at Las Vegas Sands, praised the company’s collaborative efforts in the company’s press release: “To close this year with our fifth consecutive placement on DJSI speaks to the tremendous collaboration within many areas of our company, all working hand-in-hand to advance our environmental, social, and governance initiatives. We greatly value DJSI as a benchmark for our performance as well as its valuable feedback.”

Ambitious ESG goals:

Las Vegas Sands has leveraged the S&P Global Corporate Sustainability Assessment and other industry benchmarks to shape its corporate responsibility initiatives. These efforts have contributed to Sands being recognized on several prominent lists, including Newsweek’s America’s Most Responsible Companies, where it ranked 60th overall and first in the hotels, dining, and leisure category.

Sands’ ESG strategy, centered on its “People, Communities, and Planet” pillars, sets ambitious targets for the 2021-2025 reporting cycle, including a $200 million investment in workforce development, of which $181 million had been achieved by the end of 2023, with $68 million contributed in the past year. The company also aims to log 250,000 volunteer hours by 2025, with employees having already completed 222,823 hours of community service by late 2023. On the environmental front, Sands targets a 17.5% reduction in carbon emissions by 2025 and has impressively surpassed this goal, achieving a 50% reduction by the end of 2023, even as resort visitation returned to pre-pandemic levels.

The DJSI was established in 1999 as the first global benchmark for sustainability, offering comprehensive evaluations of corporate practices across economic, environmental, and social dimensions. Over 13,000 companies worldwide are assessed annually by S&P Global, ensuring that only the most committed and effective organizations are included in these indices.