Las Vegas Sands Retains Spot on Dow Jones Sustainability Indices for Fifth Year

Las Vegas Sands and its subsidiary Sands China have maintained their listings on prominent global sustainability indices, highlighting their progress in environmental, social, and governance (ESG) commitments.

Key Highlights:

• Las Vegas Sands remains listed on DJSI World and DJSI North America for the fifth year in a row.
• Sands China retains its spot on DJSI World and DJSI Asia Pacific for the third consecutive year.
• The company reported a 50% reduction in carbon emissions compared to its baseline year, progressing towards its 2025 ESG goals.

Las Vegas Sands and Sands China continue to lead the Casino and Gaming sector on the Dow Jones Sustainability Indices (DJSI), marking significant achievements in their ESG efforts. Sands is the sole representative from the sector on DJSI North America, while Sands China is one of only two companies in DJSI Asia Pacific.

Commitment to ESG Goals

Katarina Tesarova, Senior Vice President and Chief Sustainability Officer, emphasised the importance of the recognition:
“We greatly value DJSI as a benchmark for our performance as well as its valuable feedback. To receive recognition on these lists is a fantastic endorsement, but we also learn from the process every year.”

The company’s 2021-2025 ESG plan targets workforce development, community service, and environmental sustainability. By the end of 2023, Sands reported:

• $181 million invested toward its $200 million workforce development goal.
• 222,823 volunteer hours logged, nearing its 250,000-hour target for 2025.

Environmental Achievements

Despite increased energy consumption due to pre-pandemic visitation levels, Sands achieved a 50% reduction in carbon emissions from its baseline year. The company aims to reduce emissions by 17.5% by 2025.

Additional Recognitions

Sands’ efforts were also acknowledged in Newsweek’s 2024 list of America’s Most Responsible Companies, where it ranked 60th overall and first in the hotels, dining, and leisure category.

Financial Update

In October 2024, Las Vegas Sands reported a 4.3% year-on-year drop in Q3 revenue to $2.68 billion, with net income declining by 21.4% to $353 million. Despite these figures, the company announced $2 billion in future share buybacks, an increased dividend for 2025, and significant investments totaling $539 million in developments in Macao and Singapore.

Las Vegas Sands’ continued inclusion in global sustainability indices and its ongoing investments in ESG goals underline its leadership in integrating environmental and social governance within the gaming industry.