The American Gaming Association (AGA) has released a report on its members' efforts across the ESG spectrum, including sustainability, diversity, fairness, inclusion, responsibility, and investment in communities.
The AGA has explained in a press release that, across all industries, stakeholder expectations are rising. The public is increasing its demands for businesses to provide greater transparency, accountability, and engagement in responding to critical social and environmental priorities. In response, many companies are establishing Environmental, Social, and Governance (ESG) strategies and launching new initiatives to implement them.
An evolution of traditional corporate social responsibility (CSR), ESG adds critical accountability through transparent targets and goal setting, frequent measurement, monitoring and reporting and alignment to formal standards and global benchmarks.
Recently, the AGA conducted the first-ever industry-wide assessment of member initiatives and investments related to ESG issues. While AGA members are following different paths toward instituting formal ESG strategies and programs, they are taking concrete action now to protect the planet, create more diverse, inclusive workplaces, better their communities and demonstrate responsible leadership.
Thus, for example, about the reduction of carbon emissions, several companies in the sector have established ambitious goals of zero emissions for specific years.
- Entain: 2035
- Global Payments: 2040
- TransUnion: 2025 (with a 30 percent reduction target for Scope 3 emissions by 2030)
- Wynn: 2050
To meet the goals of the Paris Climate Agreement, other companies have committed to specific reduction targets, including:
- Delaware North: 26 percent reduction by 2025
- Las Vegas Sands: 17.5 percent reduction by 2025
- MGM Resorts: 45 percent reduction by 2025 and 50 percent reduction by 2030
Similarly, gaming suppliers IGT and Aristocrat have committed to reduce emissions under the new criteria set by the Science Based Targets initiative (SBTi).
READ REPORT (PDF)
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