StockNews.AI
CZR
StockNews.AI
57 days

Caesars Entertainment Releases 2024 Corporate Social Responsibility Report

1. Caesars' 2024 CSR report showcases strong community and environmental efforts. 2. Over $72 million was invested in community initiatives, showing corporate commitment. 3. 20% reduction in emissions demonstrates environmental responsibility and progress. 4. Celebration of 35 years in Responsible Gaming strengthens brand reputation. 5. New venues opened support revenue growth and enhance guest experiences.

7m saved
Insight
Article

FAQ

Why Bullish?

Positive CSR initiatives and new developments can attract socially-conscious investors, boosting stock prices.

How important is it?

The article underscores Caesars' commitment to social responsibility, likely appealing to investors and enhancing corporate image.

Why Short Term?

Immediate interest may be spurred by community investment trends and new venue openings.

Related Companies

MGMWYNNGNOG
-PEOPLE PLANET PLAY report highlights the Company’s pioneering Responsible Gaming program, progress on environmental goals, community investment, new Team Member programs and more LAS VEGAS--(BUSINESS WIRE)--Caesars Entertainment (NASDAQ: CZR), the largest casino entertainment company in the U.S., released its 2024 Corporate Social Responsibility report today. The annual PEOPLE PLANET PLAY report highlights the Company’s progress on environmental goals, community impact, 35 years of its pioneering Responsible Gaming program and more. PEOPLE PLANET PLAY is the framework underpinning Caesars’ Corporate Social Responsibility strategy. “2024 was an incredible year for us at Caesars Entertainment,” said Kiersten Flint, SVP of Corporate Social Responsibility and Internal Communications at Caesars Entertainment. “In addition to rounding out a multi-year capital cycle where we completed and opened three new destinations, we made robust enhancements to programs that benefit our Team Members to help them reach their full potential with us at Caesars. We spent time giving back to our communities and we celebrated 35 years of our Responsible Gaming program. We’re proud of the work we did in 2024 and are carrying that momentum forward in 2025.” The report details progress in Caesars’ CSR framework's three categories: PEOPLE PLANET PLAY. Highlights from the report include: PEOPLE The Caesars Foundation donated more than $3.4 million to national and local non-profit organizations and disaster relief efforts. The Company provided $72 million in total community investment in 2024, which includes the monetary value of 93,000 HERO volunteer hours invested by Caesars Entertainment Team Members. In 2024, the Company also launched its Extraordinary HERO Award Program, designed to recognize and honor Team Members who exemplify extraordinary dedication to serving their communities. The program spotlights individuals who go above and beyond through volunteering, fundraising and other forms of giving. PLANET The Company achieved a 20% reduction in Scope 1 & 2 emissions against a 2019 base year and a 16% reduction in Scope 3 emissions against a 2022 base year. In 2024, Caesars joined two U.S. Department of Energy programs: the Better Climate Challenge and the Better Buildings Challenge, aligning with its climate commitments and building efficiency strategy. Both programs support the Company’s climate goals and provide tools, resources and peer learning to help improve building efficiency and reduce GHG emissions. PLAY Caesars proudly marked the 35th anniversary of its pioneering Responsible Gaming program during Responsible Gaming Education Month in September 2024. As the first commercial casino company to address the challenges of problem gambling, Caesars has been a trailblazer since the launch of Project 21 in 1989. To amplify creating extraordinary experiences for its guests, Caesars Entertainment completed a multi-year cycle of capital funding in 2024 and opened three new destinations with the completion of Harrah’s Columbus, NE Racing and Casino in Nebraska, Caesars Virginia in Danville, Virginia and the transition of Harrah’s to Caesars New Orleans in Louisiana. The Company also completed the expansion of Harrah’s Hoosier Park and introduced the Versailles Tower at Paris Las Vegas. Caesars Entertainment recently announced that it was named as one of The Civic 50’s most community-minded companies in America by the Points of Light Foundation, recognizing the work the Company does in the communities in which it operates. Click https://www.caesars.com/corporate-social-responsibility/csr-reports for the full report, written in accordance with GRI Standards and including SASB and TCFD indices, and for more information on Caesars Entertainment’s corporate social responsibility progress. About Caesars Entertainment, Inc. Caesars Entertainment, Inc. (NASDAQ: CZR) is the largest casino entertainment company in the U.S. and one of the world's most diversified casino entertainment providers. Since its beginning in Reno, NV, in 1937, Caesars Entertainment, Inc. has grown through the development of new resorts, expansions and acquisitions. Caesars Entertainment, Inc.'s resorts operate primarily under the Caesars®, Harrah's®, Horseshoe® and Eldorado® brand names. Caesars Entertainment, Inc. offers diversified gaming, entertainment and hospitality amenities, one-of-a-kind destinations, and a full suite of mobile and online gaming and sports betting experiences. All tied to its industry-leading Caesars Rewards® loyalty program, the company focuses on building value with its guests through a unique combination of impeccable service, operational excellence and technology leadership. Caesars is committed to its Team Members, suppliers, communities and the environment through its PEOPLE PLANET PLAY framework. To review our latest CSR report, please visit www.caesars.com/corporate-social-responsibility/csr-reports. Know When To Stop Before You Start.® Gambling Problem? Call 1-800-522-4700. For more information, please visit www.caesars.com/corporate. If you think you or someone you care about may have a gambling problem, call 1-877-770-STOP (1-877-770-7867). More News From Caesars Entertainment, Inc.

Related News