Caesars Entertainment Sustainability Report: Gas, Water Consumption, GHG Emissions Fall, Electricity Use Rises
Caesars Entertainment reduced its natural gas and water consumption by 0.5 percent and 1.6 percent respectively from 2009 to 2010, and cut its greenhouse gas emissions by 1 percent over the same time period, according to its 2010-2011 sustainability report.
The casino and entertainment group cut its natural gas consumption by 19,796 BTU and its water use by over 70 million gallons from 2010 to 2011. The entertainment group reported a net gain in resort space in 2010 but an overall net decrease in carbon emissions of approximately 11,500 metric tons. A lighting upgrade at five resort parking garages and a guest area led to an estimated reduction of 5177 metric tons of greenhouse gas emissions, the company says. Caesars has committed itself to further capital investment in projects aimed at reducing its greenhouse emissions.
The year-on-year reductions follow sustained reductions in these three areas. The company’s natural gas consumption fell 3 percent from 2007 to 2010, water use dropped just under 3 percent from 2008 to 2010 (no figures were available for 2007) and its greenhouse emissions were cut 5 percent from 2007 to 2010. Figures for water and gas consumption and greenhouse emissions in 2007 to 2009 differ from those in last year’s report as they include figures from 2010 acquisitions.
Caesars says that these figures put it on track to achieve the target it announced in 2010 of reducing absolute carbon emissions by 10 percent by 2013, against a 2007 baseline.
Despite the company’s electricity consumption rising 0.7 percent from 2010 to 2011, a number of energy efficiency upgrades were made in 2010. Further energy efficiency projects “entered the pipeline” during 2010, according to Caesars, and should yield results in 2011, the company says. For example, Caesars has committed to an LED-conversion initiative for all U.S. locations, with the goal of replacing 65,000 halogen bulbs by 2012.
The company has also pledged a range of new environmental targets. These include:
• Energy conservation: 25 percent reduction 2007-2020 per air-conditioned square foot
• Renewable energy: increase use 15 percent by 2020 from 2007 baseline
• Alternative fuels: reach 50 percent used by company vehicles by 2020
• Water consumption: 15 percent reduction 2007-2020 per air-conditioned square foot
• Waste Diversion: 25 percent diversion from landfill by 2014 and a 50 percent diversion 2007-2020
• Real estate: LEED Silver certification minimum for all new buildings
• Supply Chain: Develop environmental impact reduction plan with our 20 top suppliers
In 2011 facilities in the group won awards including Harrah’s Laughlin Casino being named Green Business of the Year by the Bullhead City, Arizona, and Laughlin, Nevada Chambers of Commerce and Harrah’s Rincon Casino, San Diego winning an Energy Showcase Award from San Diego Gas & Electric.
The 2010-2011 report covers calendar 2010 and the first half of 2011. It is informed by the Global Reporting Initaitive’s G3 guidelines. Caesars says it qualifies as a GRI G3.1 Level “C” report.
Earlier this month, Caesars was named – along with DirecTV and National Geographic – as among the first 20 companies to join the Environmental Defense Fund’s Climate Corps in 2012.
The program places specially-trained MBA and MPA students in companies, cities and universities to build the business case for energy efficiency.
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