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2019-Sands-ESG-Report.Pdf LAS VEGAS SANDS 2019 ENVIRONMENTAL, SOCIAL & GOVERNANCE REPORT INTRODUCTION OUR STRATEGY OUR PERFORMANCE ENVIRONMENT SOCIAL GOVERNANCE APPENDIX OUR IMPACT IN 2019 A MESSAGE FROM OUR CHAIRMAN ONLY CASINO AND GAMING COMPANY named on the Dow Jones $ 13.7 BILLION Sustainability Index North America 2019 Welcome to our inaugural environmental, (PPE) as well as sanitary care kits, COVID-19 consolidated net revenue social and governance (ESG) report, which test kits and other essential equipment to summarizes our 2019 performance and front-line workers, first responders, schools ONE OF ONLY 10 COMPANIES in North progress in these deeply important areas. and the vulnerable within our communities. Our $ 3.1 BILLION America on the CDP’s “A” List for both kitchens also supported food banks with the procurement spend Our corporate responsibility program is Climate Change and Water Security structured around three pillars: People, donation of more than 68,000 pounds of food. Communities and Planet. Our work in each We accelerated our efforts in the area of DEI in 49.6 MILLION KWH Named on Forbes’annual list of of these spheres contributes directly to 2020. A critical component of our DEI efforts our performance in the environmental is to encourage and create opportunities for of electricity saved GLOBAL 2000 BEST EMPLOYERS and social components of ESG. dialogue and to solicit the opinions, sentiments FOR 2019 Our governance structure supports our and ideas of our Team Members. Their input and 39,494 unwavering commitment to operating our perspective will help us broaden and strengthen our initiatives. We look forward to updating volunteer hours contributed Listed as one of FORTUNE’S MOST ADMIRED business ethically and with accountability you on our DEI program in our 2020 report. COMPANIES IN THE WORLD to all the constituencies that we serve, including our host communities; Team As part of our continued commitment to the 115 for the fourth year in a row Members; guests; national, state and local environment, we made plastics a key focus of nongovernmental organizations governments; regulators; and investors. our Sands ECO360 strategy in 2019, eliminating supported with cash and Secured RENEWABLE ENERGY CREDITS I am gratified that our efforts have been or replacing millions of single-use items. In in-kind donations FOR 100% OF ELECTRICITY recognized by experts in sustainable business addition, we strengthened our commitment to used by the Venetian Resort, Las Vegas practices. We are one of only 10 companies in renewable energy, with The Venetian Resort North America to be named to the CDP “A” list in Las Vegas securing renewable energy for both Climate Change and Water Security. We certificates for 100 percent of its electricity, and are also proud to lead our industry in sustainable the addition of a new rooftop solar thermal plant business practices and to be the only Integrated in Macao. Other completed energy efficiency impact programs such as the Sands Cares CONTENTS Resort company to be named to the Dow Jones projects are expected to save approximately Accelerator, which helps empower nonprofit Sustainability Index North America in 2019. 50 million kWh of electricity annually. organizations in our host communities to Progress on social programs during 2019 effectively address local challenges. 03 A Message From Our Chairman The events of the year 2020 provided an opportunity for us to prioritize a number of reflected our ambition to be an employer I am proud of our ESG performance in 2019 04 Who We Are vitally important ESG issues, including public of choice and included the implementation and profoundly grateful to our passionate health and safety and Diversity, Equity and of a number of training and development Team Members around the globe for the programs as well as initiatives to address positive impact they have made to both 06 Our Strategy Inclusion (DEI). the physical, emotional, financial and It would be difficult to overstate the impact their communities and the protection of our social well-being of our Team Members. planet. Their unwavering commitment and Stakeholder Engagement the COVID-19 pandemic has had on our Team 08 contributions have been instrumental to and ESG Materiality Members and their families, our guests and Support for small and medium-sized enterprises customers, and the communities in which (SMEs) within our host communities remains everything we have accomplished, including at the forefront of our community initiatives. being named one of Fortune’s World’s Most Strategic Planning we operate. Since closing our doors and 09 Financial support, training opportunities and Admired Companies again this year. and the U.N. SDGs reopening them in each of our communities, our top priority has remained the health our commitment to local procurement are just We remain deeply committed to providing and safety of our Team Members and some of the ways in which local SMEs benefited leadership in ESG and look forward to sharing Our Performance 10 guests. We appreciate our Team Members’ from our dedicated SME programs last year. our progress with you in the years ahead. commitment to a range of new protocols and Looking ahead, we are prioritizing many Important 2020 Developments 12 processes to support health and safety. enhancements to our ESG program, including We have also acted to support our local the expansion of our stakeholder engagement Environment 14 communities. Since February 2020, we process to help identify more in-depth have provided more than $3 million in direct insights that will enable us to make greater 22 Social financial aid to assist those impacted by the contributions to our communities and to pandemic. Our resources were used to procure, provide leadership in sustainability in the future. Sheldon G. Adelson 30 Governance transport and deliver more than two million We will work aggressively on our DEI initiatives. Chairman and Chief Executive Officer pieces of personal protective equipment In addition, we will expand our signature social Las Vegas Sands Corp. 39 Appendix On the cover: Marina Bay Sands, Singapore Skyscraper (The Bruges Whale), Ocean Recovery Alliance and Studio KCA, Marina Bay Sands 2 | LAS VEGAS SANDS 2019 ESG REPORT | 3 INTRODUCTION OUR STRATEGY OUR PERFORMANCE ENVIRONMENT SOCIAL GOVERNANCE APPENDIX INTRODUCTION WHO WE ARE OUR OUR OUR Sands (LVS) is the world’s leading developer and operator of world-class Integrated Resorts. These MISSION resorts feature luxury hotels and spas; retail, dining, gaming and entertainment attractions; state-of- PURPOSE VALUES the-art meeting, exhibition and convention facilities; and a variety of business and leisure amenities. Create positive impact through Develop and operate iconic Excellence in business performance leisure and business tourism, Integrated Resorts that drive Impeccable service and a strong contributing economic benefits to business and leisure tourism dedication to collaboration our host communities and making through sustainable our regions better places to live, business practices Innovation work and visit Fairness, honesty and a strong code of ethics Sustainability for People, Communities and Planet LAS VEGAS, NEVADA SINGAPORE MACAO, CHINA The Venetian® Resort Marina Bay Sands® Sands Macao® Sands® Cotai Central Las Vegas • Sands Expo® The Venetian Macao® • Conrad® Macao, • The Venetian Tower & Convention Centre Cotai Central The Plaza Macao® • The Palazzo® Tower • ArtScience Museum™ • Sheraton® • Four Seasons® Grand Macao Hotel, • Venezia Tower Hotel Macao, Cotai Cotai Central Sands Expo® Strip • The Londoner® & Convention Center • The Grand Suites at Macao Hotel Four Seasons® • The Londoner® The Parisian Macao® Court • St Regis® Macao, Cotai Central OUR GLOBAL IMPACT Sands has shaped the worldwide regions where we operate with pioneering, iconic properties Sands is committed to being a valuable contributor through collaboration with guests, business partners and local serving both the business and leisure tourism markets and contributing significant economic and communities. Throughout our history, we have created positive economic impact by delivering high-value business and social benefits to our host communities. leisure tourism, providing tens of thousands of jobs, tax revenues to fund social programs and significant procurement spend in the regions where we operate. As part of our corporate values, we continually strive to patronize local and diverse Starting with a single property in 1990, the reach of Las Vegas Sands now extends from North businesses whenever possible to meet our procurement and supply chain needs. America to Asia, with eight properties in Las Vegas, Macao and Singapore. Our Integrated Resorts Beyond being an economic engine, we also strive to be a good corporate citizen committed to collaborating with local have become premier destinations for leisure and business tourism. governments, civic leaders and the public sector to create a healthy social and environmental landscape in our communities. At the heart of our company is a vision and a set of values that guide our mission and our nearly Our commitment to communities is underscored by our aim to be a model employer in the regions we serve. We are dedicated 50,000 Team Members. to supporting the positive wellbeing of Team Members worldwide by creating a workplace culture that thrives on collaboration, celebrates diversity, ensures inclusiveness and invests in professional growth and talent development. 4 | LAS VEGAS SANDS 2019 ESG REPORT | 5 INTRODUCTION
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