MGM Resorts International has been placed on global environmental non-profit CDP’s A List for corporate transparency excellence in addressing climate change.
Of more than 23,000 companies rated by CDP, MGM Resorts is one of 347 to secure an “A,” putting it in the top 0.015 percent of reporting businesses. Grades are bestowed based on the detail of disclosure, understanding and management of environmental threats and best practices surrounding ecological leadership.
“Earning a place on the A-List is about more than the score,” CDP CEO Sherry Madera said. “It’s an indication of high quality, complete data that equips companies with a holistic view of their environmental impact, serves as a baseline for transition plans, and – crucially – enables them to follow through on their ambitions. As we move deeper into the ‘Decade of Action,’ and as CDP continually raises the bar for what represents environmental leadership, the work of A-List companies is never complete. We look forward to seeing all companies turn their commitments into further and more meaningful and effective action.”
“Our inclusion on the CDP A-List is a testament to the strategic importance we place on sustainability,” said Jyoti Chopr, MGM Resort’s chief people, inclusion and sustainability officer. “Environmental stewardship is more important than ever, and we remain committed to being leaders in creating long-lasting positive impacts on our planet and in our local communities.”
MGM has a board-level committee led by an expert in clean energy advocacy, has reduced its carbon emissions intensity by 49.5 percent from 2007 to 2022 and 90 percent of the company’s daytime power requirements in Las Vegas are met by the company’s almost 110 megawatts of installed solar capacity, including the MGM Resorts Mega Solar Array, featuring 323,000 solar panels across 640 acres.
The company’s climate data disclosures also have also obtained third-party verification for Scope 1, 2 and 3 emissions and energy use, and the company’s objectives and targets, united with the Paris Agreement’s 1.5-degree pathway, have received approval from the Science Based Targets Initiative.
The CDP also awarded the company an “A-“ in water security because of its approach to water stewardship, which tackles operational water use and promotes stewardship across the community. The company also has successfully reduced water withdrawals totaling 13.9 billion gallons across its U.S. operations between 2007 and 2022 and it gives precedence to addressing local water issues. It has decreased consumptive water use in Southern Nevada and switched over 200,000 square feet of grass with more desert-friendly landscaping.
