LVSC(LVS) Prnewswire·2025-04-10 17:00Core Insights - Las Vegas Sands has exceeded its 2021-2025 goals in workforce development and community service contributions, while also outperforming its emissions reduction targets [1][2] Workforce Development - By the end of 2024, the company invested 200 million by 2025 [3] - In 2024 alone, Sands spent nearly 3 billion in goods and services from local businesses and SMEs, contributing to regional economic health [8] Community Contributions - Sands exceeded its target of 250,000 Team Member volunteer hours by 2025, achieving a total of 255,955 hours from 2021 to 2024 [4] - In 2024, Team Members logged 33,132 volunteer hours for over 70 nonprofit organizations [4] - The company provided $12 million in philanthropic contributions to nonprofit organizations and focused on capacity building through initiatives like the Sands Cares Accelerator [9] Emissions Reduction - Sands' scope 1 and 2 emissions were reduced by 50% in 2024, well below its 2025 target of a 17.5% reduction from the 2018 baseline [5] - The company released its first low-carbon transition plan, setting a new 30% emissions reduction target aligned with the Paris Agreement by 2025 [6] Environmental Initiatives - Sands increased its operational waste diversion rate by 6% over the 2019 baseline, exceeding its 5% target for 2025 [10] - The company prevented, rescued, or diverted 29% of food waste, surpassing its 25% target for 2025 [10] - Potable water use intensity was reduced by 11% from the 2019 baseline, ahead of its 3% reduction target for 2025 [11] Recognition and Future Goals - Sands was included in the 2024 Dow Jones Sustainability World and North America Indices and Newsweek's 2025 America's Most Responsible Companies list, ranking among the top 10% of global ESG scores [13] - The company aims to close gaps around its 2025 goals and set new targets for the 2026-2030 cycle [12]