Home News & Features Caesars Entertainment Releases 2016 Citizenship Report

Caesars Entertainment Releases 2016 Citizenship Report

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LAS VEGAS—In 2015 Caesars Entertainment Corp. and related entities generated $4.4 million of contributed value for every $10 million in revenue, according to the company’s seventh annual Corporate Citizenship Report. The report, entitled “Connecting for #Citizenship,” covers 2015 and the first half of 2016, and showcases the positive impact on guests, employees, the environment and its communities as a result of Caesars’ many corporate responsibility initiatives.

In the past four years Caesars has generated more than $39 billion enterprise-wide in economic value, including $9 billion, or 87 percent of the enterprise’s total value generated, in 2015. Furthermore, in 2015, Caesars generated $4.4 million enterprise-wide of value for every $10 million in revenue, triple the estimated average of U.S. corporations. Caesars employees also contribute value to their communities, including in non-financial ways. For example, 45 percent of employees engaged in volunteer activity, versus the national average of 25 percent.

Caesars’ Responsible Gaming (RG) program includes research, innovative technology and providing practical tools and comprehensive training for all its staff. In addition, the company applies self-exclusion across all its properties, preventing guests who self-exclude at one property from gambling at other Caesars properties. Caesars has 796 Responsible Gaming Ambassadors at properties around the country, and 45,000 employees were trained in RG in 2015.

Meetings for Good Introduced

Caesars, which hosts nearly 16,000 meetings each year, also strengthened its Responsible Meetings program by launching a “Meetings for Good” option, whereby meetings customers can enrich their event by contributing to the efforts of local nonprofit partners. Caesars has certified 100 percent of its sales managers in its Responsible Meetings protocol.

As part of a review and update of its material impacts, Caesars undertook a mapping process to the global Sustainable Development Goals (SDGs). It selected eight of the 17 SDGs where the company has already made significant contributions and can expand its impact in coming years.  

Caesars has published its public position on relevant issues including Equality, Climate Change, Immigration Reform, Corporate Transparency, Healthcare, Responsible Suppliers, and Human Trafficking. In accordance with World Resources Institute, CDP and other climate leaders, the company has committed to science-based carbon reduction goals.

Environmental Strategy—CodeGreen

Continuing its progressive success since its base year of 2007, Caesars again delivered award-winning performance against its CodeGreen environmental performance metrics and 2025 goals. The CodeGreen initiative saves over $50 million annually in avoided utility costs realized through efficiency improvements and waste diversion. Highlights of the company’s progress include:

•    23 percent energy reduction per air-conditioned 1,000 square feet since 2007;
•    28 percent greenhouse gas emissions reduction per air-conditioned 1,000 square feet since 2007;
•    20 percent water use reduction per air-conditioned 1,000 square feet since 2008; and
•    28 percent reduction in total waste in 2015 and 38 percent of waste diverted away from landfills.

In 2015 Caesars invested more than 1.6 million hours in employee training and development, and reimbursed more than $550,000 to employees for education and tuition.

Caesars’ award-winning Wellness Rewards program has consistently achieved high participation rates of more than 80 percent of eligible employees and their covered spouses, double the median rate of 40 percent reported by companies of similar size. Collectively, employees have reduced their cholesterol by 29 percent, and blood pressure by 10 percent over the last five years, and, on average participating employees save more than $2,500 per year on their plan contributions. Plan management, including Wellness Rewards, contributed to the company’s benefit cost savings of more than $122 million over the past four years.

Diversity & Inclusion

Caesars maintains a strong emphasis on diversity; 42 percent of managers are women, compared to the national average of 39.5 percent, and 34 percent are employees from minority groups, versus 22.6 percent nationally. For the ninth consecutive year, Caesars received a perfect score for the Human Rights Campaign Corporate Equity Index.

The Connecting for #Citizenship report uses Tweets to illustrate its engagement with diverse stakeholders. In the six months to June 30, 2016 the @citizencaesars Twitter handle saw a 117 percent increase in engagement.

Caesars’ core priorities are identified through a comprehensive process involving feedback from stakeholders, consultations with external experts and reviews by Caesars’ Environment, Social and Governance (ESG) Council. “Connecting for #Citizenship” is written in accordance with the GRI G4 Sustainability Reporting Guidelines, core option.

For more information on Caesars’ Corporate Citizenship, follow @CitizenCaesars on Twitter or click here.

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