Wynn Resorts details sustainability achievements, key community programs in 2022 ESG report

Wynn Resorts has shared its 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.

Craig Billings, CEO of Wynn Resorts, said: "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. Our talented and dedicated team continues to press forward to make a positive impact and set even bigger goals for the future."

Craig Billings, CEO of Wynn Resorts

The 2022 ESG report showcases "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, highlights included the launch of the company's Diversity Week.

The event celebrated and educated employees about various cultures within the company. Activities took place across North America over a one-week period, focusing on Workplace, Marketplace, and Community diversity. Wynn Resorts also invested in a recruitment initiative for Historically Black Colleges and Universities, welcoming graduates into their Management Training Program.

In a press statement, the company announced that as a testament to these efforts, Wynn Resorts was recently recognized as one of Forbes' top 12 companies in the Travel and Leisure category for diversity in 2022.

Furthermore, employee volunteerism doubled in 2022, compared to the previous year. As per the report, 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.

Moreover, the company stated that 2022 set a record-breaking precedent for employee giving to the Wynn Employee Foundation. More than 2,500 employee donors 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.

Also highlighted in the report, 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 the 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.