Caesars Shows Progress In Four Critical Areas With Release Of Annual CSR Report

Written By Katarina Vojvodic on October 18, 2022
Caesars Entertainment Releases 13th Annual Corporate Social Responsibility Report

Caesars Entertainment released its annual Corporate Social Responsibility report, which reflects priorities after an internal assessment and stakeholder mapping exercise.

The report also shows Caesars‘ progress in further diversifying its staff to reach gender and racial equality in leadership roles by 2025.

Caesars shows progress in four critical areas

Caesars’ report details progress in four critical areas for the second half of 2021 and the first half of 2022, involving:

Environmental Impact

Caesars intends to reduce its carbon emissions by 100% by 2050, which includes reducing water consumption, diverting waste from landfills and reducing its overall carbon footprint.

Caesars reported a decrease in Scope 1 + 2 emissions of 33.9% compared to figures from 2011. The company aims to lower its emissions by 100% by 2050.

Last year, 40% of company waste was diverted from landfills, whereas Caesars’ goal by 2030 is to increase that amount to 65%.

The company has also set a goal to decrease its water consumption by 20% per square foot by 2035. In 2021, Caesars reported a 15% reduction in water consumption per square foot.

Diversity, Equity and Inclusion

To further improve its commitment to diversity, equity and inclusion in its workforce, communities and supply base, Caesars assured DEI goals to achieve gender and racial equality in leadership roles by 2025.

The US operator emphasized its current position on diversity by mentioning that women currently hold 46% of mid-level leadership roles and 32% of senior leadership roles.

Education

In 2022, Caesars released a new educational assistance program for team members, All-In On Education. The program offers tuition assistance, low to no-cost education options, student loan debt repayment, college savings plans and dependent scholarship opportunities.

Responsible Gaming

This year, Caesars expanded its Responsible Gaming program with 1,600 specially trained staff members becoming Responsible Gaming Chairpersons and Ambassadors.

Caesars continues to work toward its goals

Although Caesars stated it had made substantial progress toward its environmental and social equality goals, the company will continue to work toward its goals.

As Heather Rapp, SVP of Corporate Social Responsibility for Caesars Entertainment said in the company’s press release:

“As we continue to work toward and reflect on our goals, the materiality assessment that was conducted this year was extremely helpful for us to engage in insightful conversations and review the importance of CSR-related issues. Caesars has created a strong CSR framework that continues to drive our mission of being a better employer, corporate citizen, and diversified gaming leader. This report and this year’s objectives are a testament to that progress.”

Photo by PlayUSA
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Katarina Vojvodic

Katarina Vojvodic is a lead writer for PlayUSA who lives in Toronto. Vojvodic provides coverage of the US gambling industry with a focus on US online casinos. Previously, she covered Ontario’s online gambling industry for PlayCanada.com. Vojvodic holds a master’s degree in journalism from the University of Belgrade. Outside working hours, she can be found near the water with her husband and their two kids.

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