LAS
VEGAS, July 10, 2023 /PRNewswire/ -- Wynn Resorts
has released its latest Environmental, Social and Governance (ESG)
Report, outlining the Company's 2022 responsibility programs. The
report showcases ongoing initiatives including an expanding
Diversity and Inclusion program, local philanthropic efforts, and
new benchmarks in renewable energy.
"While there are many achievements outlined in this year's ESG
report, the thing I am most proud of is the substantial impact of
our employees," said Craig Billings,
CEO of Wynn Resorts. "Our talented and dedicated team continues to
press forward to make a positive impact and set even bigger goals
for the future."
The 2022 ESG report illustrates long-standing corporate
values of giving and programs that govern fair, transparent, and
ethical behavior. Under the pillars of Our People, Our Communities,
and Our Planet, notable actions include:
- Wynn Resorts introduced its inaugural Diversity
Week, advancing the Company's commitment to a diverse and
inclusive workforce. Diversity Week promotes celebration,
education, and understanding of diversity and inclusion and the
various cultures existent within the Company. Daily activities
across North America occurred over
a one-week period in August and highlighted the Company's three
diversity focus areas: Workplace, Marketplace, and Community. The
Company continues to invest in the Historically Black Colleges and
Universities (HBCU) Recruitment Initiative, which builds
partnerships with HBCUs that have hospitality and tourism programs.
Through campus visits and targeted engagement, the program created
awareness of employment opportunities with Wynn Resorts and
welcomed its first cohort of graduates into the HBCU Management
Training Program. In 2022, Wynn was recognized on Forbes' list of
"Best Employers For Diversity", ranking in the top 12 companies in
the Travel and Leisure category.
- Employee volunteerism doubled in 2022, compared to the
previous year. Wynn employees in North
America collectively volunteered more than 28,000 hours
in 2022, with employees at Encore Boston Harbor accounting for
three times the volunteerism impact compared to the previous
year.
- 2022 set a record-breaking precedent for employee giving to
the Wynn Employee Foundation. More than 2,500 employee
donors generously gave more than $800,000, the highest historical fundraising year
for the Company. The Wynn Employee Foundation raises funds
from employees to give back to the communities in areas where the
Company operates. Wynn matches donations to the Employee Foundation
dollar for dollar up to $75,000 per
employee – the highest corporate match in the hospitality
industry.
- Wynn Las Vegas determined that 49% of last year's
operational business hours were provided by carbon-free energy.
The Company's prior investment in energy independence laid
the groundwork for continued development of renewable production
resources in 2022, moving toward its goal to be Net-Zero by 2050.
The Company invested in cutting edge technology to gain
real-time insight into the sources of purchased electricity and the
resort's carbon footprint.
The Wynn Resorts ESG Report presents information that references
select Global Reporting Initiative (GRI) Standards and
Sustainability Accounting Board Standards (SASB). The full report
is available at WynnResponsibility.com.
About Wynn Resorts
Wynn Resorts, Limited is traded on
the Nasdaq Global Select Market under the ticker symbol WYNN and is
part of the S&P 500 Index. Wynn Resorts owns and operates Wynn
Las Vegas (wynnlasvegas.com), Encore Boston Harbor
(encorebostonharbor.com), Wynn Macau (wynnmacau.com), and Wynn
Palace, Cotai (wynnpalace.com).
Wynn and Encore Las Vegas consist of two luxury hotel towers
with a total of 4,748 spacious hotel rooms, suites and villas. The
resort features approximately 194,000 square feet of
casino space, 20 signature dining experiences, 14
bars, two award-winning spas, approximately 513,000 rentable square
feet of meeting and convention space, approximately 174,000 square
feet of retail space as well as two showrooms, two nightclubs, a
beach club, and recreation and leisure facilities, including Wynn
Golf Club, an 18-hole championship golf course.
Encore Boston Harbor is a luxury resort destination featuring a
211,000 square foot casino, 671 hotel rooms, an
ultra-premium spa, specialty retail, 16 dining and lounge venues,
and approximately 71,000 square feet of state-of-the-art ballroom
and meeting spaces. Situated on the waterfront along the Mystic
River in Everett, Massachusetts,
the resort has created a six-acre public park and Harborwalk along
the shoreline. It is the largest private, single-phase development
in the history of the Commonwealth of Massachusetts.
Wynn Macau is a luxury hotel and casino resort
located in the Macau Special Administrative Region of the People's Republic of China with two luxury
hotel towers with a total of 1,010 spacious rooms and suites,
approximately 252,000 square feet of casino space, 14
food and beverage outlets, approximately 31,000 square feet of
meeting and convention space, approximately 59,000 square feet of
retail space, and recreation and leisure facilities including two
opulent spas, a salon and a rotunda show.
Wynn Palace is a luxury integrated resort in Macau. Designed as a floral-themed
destination, it boasts 1,706 exquisite rooms, suites and villas,
approximately 424,000 square feet of casino space, 14
food and beverage outlets, approximately 37,000 square feet of
meeting and convention space, approximately 107,000 square feet of
designer retail, SkyCabs that traverse an eight-acre Performance
Lake, an extensive collection of rare art, a lush spa, salon and
recreation and leisure facilities.
Media Contact:
Public Relations, Wynn Las Vegas
702-770-2120
pr@wynnlasvegas.com
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SOURCE Wynn Resorts