Caesars Sustainability Report: Beats Emissions Goal a Year Early
- Caesars’ emissions were down 11 percent versus a 2007 baseline – beating, one year early, its target of a 10 percent cut by 2013.
- The company cut per-square foot emissions by 21 percent in that time.
- In 2012, Caesars reduced greenhouse gas emissions by 4.6 percent on an absolute basis and by 5.4 percent on an intensity basis, versus the previous year.
- The company has a long-term target of 40 percent cut in GHG emissions per sq ft of air-conditioned space by 2025.
- Caesars completed an electric vehicle charging station pilot program in northern Nevada in 2013.
- The company achieved a 3.2 percent reduction of energy per thousand air-conditioned square feet in 2012, and an overall 18.7 percent reduction since its 2007 baseline.
- The company says it’s on track to achieve a 20 percent reduction in energy intensity by 2015, versus 2007. It is also targeting a 40 percent reduction by 2025.
- In 2012 the company completed 37 corporate efficiency projects (lighting, HVAC and water) with an investment of $3.5 million, delivering annualized savings estimated at $2.5 million and nearly 24 million kWh energy savings per year.
- Arizona casino Harrah’s Ak-Chin converted its cooling processes for its air conditioning from compressors to chilled water units, which cut overall electricity consumption by 10-20 percent.
- The company has cut water consumption per air-conditioned square foot by 7 percent since its 2008 baseline.
- But it says it has “more to do” to achieve its targeted 10 percent reduction by 2015 and 15 percent reduction by 2020.
- The company diverted 24 percent of waste from landfill in 2012, close to its target of 25 percent by 2014.
- Caesars says 2012 is the first year it has a comprehensive, reliable, internally verified figure for the total waste generated and recycled across all its US properties.
Data and reporting
- The company believes it is the first in the world to publish a GRI G4 Core level sustainability report that has passed a GRI Materiality Matters check.
- Caesars installed utility consumption management software in 2011, and 2012 was its first full year of online data collection across all properties.
- Last year Caesars engaged accredited auditor TRC Solutions to verify its carbon emissions disclosures. The verifier used the ISO 14064 standard and found that Caesars’ GHG emissions inventory for 2012 was “free of material misstatement.”
Takeaway: Caesars’ report makes key environmental metrics easy to find, and presents them clearly. Caesars also presents more detailed information on its fuel consumption, energy intensity, GHG emissions and emissions intensity in its GRI Index, at the back of the report.
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