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rainforests and old growth forests by ensuring wood and paper materials come from responsibly managed sources.
Ocean Health: We continue to remove highly vulnerable ocean species from our seafood supply chain.
to preserve our regions’ natural heritage through environmental education and volunteerism for local conservation initiatives.
five-part virtual learning series to boost ocean literacy and the understanding of biodiversity.
which more than and participated in an interactive activity for the Whales in a Changing Ocean screening.
with sustainability issues and opportunities in Singapore, with an emphasis on the relevance of climate change and ocean conservation on their well-being and future.
been addressing as part of our commitment to water stewardship, sourcing, and cultural and natural heritage.
We are in the process of building a comprehensive biodiversity strategy by gaining understanding of our impacts and opportunities relating to three key realms: oceans, freshwater and land.
Biodiversity-related initiatives already in place as part of other focus areas include our sustainable seafood program (see sourcing on page fin and non-certified bluefin tuna from our supply chain; the Drop by Drop Project, which involves reinvigoration of local water ecosystems (see water stewardship on page 18); and...
We have been addressing biodiversity under several topic areas and are formulating our biodiversity approach for incorporation into our Planet pillar.
reach their goals by delivering an outstanding work environment and the resources they need to thrive.
worked on assignments such as video and promotional material design for internal company programs and development of wall art and room staging for Team Member spaces, providing participants with tangible experience in a business environment.
Sands China has designed its wellness programs with a focus on the whole person, aiming to inspire happy Team Members and promote a family-friendly environment to encourage optimum work performance, job satisfaction and a sense of belonging.
Members to enjoy experiences with their loved ones, such as The Venetian Macao’s workshop series in which parents and children learned to make seasonal recipes together.
Our diversity, equity and inclusion (DEI) initiatives target the most relevant issues and specific populations in our regions around the world with the universal goal of removing systemic barriers and advancing underrepresented groups.
“The support we have received from Sands has been a critical resource for us as we aimed to be there for our community’s youth during the pandemic and beyond,” says Gentry Richardson, president and chief executive officer of Las Vegas.
Sands Expo is prioritizing healthier food, activities and workplace practices, allowing meetings, incentives, conferences and exhibitions (MICE) clients to take advantage of menus that use oil, sugar and salt, as well as low-sugar and low-fat options; free drinking water at hydration stations; spaces for standing meeti...
Human Rights Due Diligence: To prevent or mitigate adverse human rights impacts in our direct operations, we conduct proactive due diligence in the areas of human trafficking and discrimination and harassment.
portion of the global food kit build, as well as provided ongoing food donations from catering operations (see more information in the waste section on page on and off property.
which we co-founded in more important as the forum for uniting the community around strategies to address the evolving environment.
We also welcomed Green Future, the first member in Macao.
Cares Accelerator program in Macao by welcoming Green Future to the program in 2022.
kind environmental social enterprise that provides training, sorting services and logistics to improve recycling in Macao, while bringing new jobs that include opportunities for disabled residents.
furnishings to good use and avoiding waste going to landfill.
propel the dynamic arts and cultural scenes in local communities, as well as efforts to extend our environmental commitment beyond our walls and into the arena of education and empowerment for nature conservation.
Bringing together art and science through the exploration of various digital media, these attractions showcase ecology-inspired programs that celebrate the human connection to nature.
In launched the Sustainable Explorer Programme which engaged over 350 Team Members through a bingo game built around outdoor activities they completed on nature hikes.
Macao’s City Nature Challenge, which included collecting photographic data for scientific research and a nature walk to experience Macao’s valuable wetland habitat.
Awareness-based actions, such as attending an environmental training or learning how to divert food waste, are also included.
A strong educational system that advances opportunities for all and helps underrepresented groups overcome barriers positively impacts our communities’ economic and social health.
A number of factors are considered in selecting director candidates, including ethical standards and integrity; independence; diversity of the existing board; whether the skills and experience of candidates will complement existing members; the number of other public company boards on which candidates serve; ability an...
of Conduct ensures suppliers comply with applicable laws, codes and regulations for their business jurisdictions and meet our standards in the areas of protecting human rights, maintaining stringent health and safety practices and being responsible to the environment.
Each strategy is supported by a topical brief, action plan, ESG benchmarking and other mitigation tools as needed.
R ISK MANAGEMENT Through a comprehensive system of reporting, controls and mitigation procedures, our ERM process allows us to manage the potential for loss as well as reduced opportunities for gains, which may adversely affect achievement of our company’s objectives.
Sands conducts climate-related risk evaluation as a part of our management of environmental risk and in coordination with the ERM process.
The intent of our physical risk assessment approach is to identify impacts across multiple time horizons and potential climate outcomes in alignment with the Task Force on Climate-related Financial Disclosures (TCFD) guidance.
We incorporate climate scenarios with varying levels of emission controls and predicted temperature increases of degrees Celsius (RCP 2.6, RCP 4.5 and RCP 8.5).
and Climate Model and Singapore’s carbon pricing scheme provided the foundation for this assessment with stated policies (STEPS) and net zero emissions by varying time horizons (2030, 2050) included.
Identified physical and transition risks include increased severity of extreme weather events, precipitation, heat stress and rising mean temperatures, sea level risk, coastal and river flooding, water stress, carbon tax schemes and climate regulations, changes in consumer preferences, reputational risk and inability t...
As we continue to review and reassess which risk management strategy is most appropriate (mitigation, adaptation or acceptance), a number of measures to address climate risk have been put in place including development of business continuity plans and acquisition of insurance policies to address severe weather events.
Systems within our properties, such as our water removal infrastructure, air conditioning infrastructure and entrance berms are designed for scenarios beyond those predicted within our assessment.
In addition, energy- and water-efficiency projects, along with our approved science-based emissions reduction goal and renewable energy strategy, help lower utility consumption and offset costs related to potential increases in temperature.
All supplier contractual agreements are linked to our Supplier Code of Conduct, which is aligned with international best practices to protect human rights, labor rights, worker health and safety, environmental compliance and responsibility, and overall ethics and compliance.
SUPPLY CHA IN MANAGEMENT Sands’ corporate responsibility commitment would be incomplete without responsible supply chain management as an extension of our dedicated efforts to address issues impacting the environment and local communities.
Policy to source products and services that minimize environmental impact, as well as our Sustainable Development Standards to guide the design and building of our resorts in a responsible and sustainable manner.
From providing opportunities for local artists in our communities to employing visual storytelling that promotes environmental awareness and the well-being of our people, we support the arts as tools for impact.
“As an organization dedicated to promoting art appreciation and strengthening networks in the local art ecosystem in Singapore, Art Outreach strives to create platforms that support the creation and sharing of work by art practitioners with the public.
This vision comes together in HEARTH, our community art space, which provides a platform for independent artists in Singapore to delve into diverse mediums and rich artistic explorations that often engage with wider social or environmental themes.
One of the most impactful examples is the marriage of art with environmental sustainability at ArtScience Museum.
GHG emissions, energy, water and waste data has been assured by LRQA to a reasonable level in accordance with the ISO 14064-3:2006 standard.
the Safe Harbor Provisions of the Private Securities Litigation Reform Act of or future execution of initiatives, programs, activities, policies or disclosures, strategies, goals, targets, intentions, commitments and other statements that are not historical in nature.
We developed report content and defined topic selection by determining the most significant economic, environmental and social impacts to our business, industry and regions, and incorporating stakeholder concerns and input.
We engage with various stakeholders to further refine understanding of the positive and negative impacts our company has on the outside world through a rankings assessment.
Scoring is determined for each topic against five indicator categories: industry relevance, social and environmental impact, reputational value, cost savings and revenue-generation potential, and business risk.
We also recognize that other topics represented in our platform are directly or indirectly related to human rights, including health, safety and well being; diversity, equity and inclusion; sourcing; low-carbon transition; water stewardship and biodiversity.
T O UR IMPACT C ONTR IBU TORS Low-Carbon Transition Our resorts encompass millions of square feet of building space that require energy to operate, resulting in GHG emissions.
of waste in the areas of food service, general operations and construction.
We set internal and external qualitative and quantitative targets for emissions and energy reduction, which include our target of reducing emissions by 17.5%.
Our program supports UN SDG Affordable and Clean Energy.
reducing climate impact through energy efficiency, renewable energy and transportation.
Our resorts leverage cutting-edge building technology for energy savings, and our Sands ECOTracker program provides a framework for managing our conservation initiatives.
Reducing energy consumption is our foundational strategy to decrease GHG emissions.
We aim to design buildings that conserve electricity and deploy new technologies to reduce energy consumption during ongoing operations.
We seek out renewable energy solutions to complement our existing systems, including on-site solar thermal and solar photovoltaic systems, and continually increase our purchase of renewable energy certificates in regions near our properties in Singapore and Macao to support the transition to zero-carbon grids.
We are focused on electrifying our equipment and transitioning guest shuttle buses to electric and alternative fuel sources, while leveraging carbon offsets for hard-to-decarbonize air and ferry travel and to lessen our transportation footprint.
renewable energy procurement and innovative trends in building and design are provided to relevant departments including facilities, engineering, procurement, and design and development.
submeters to track various energy-related key performance indicators (KPIs).
We track and perform monthly trend analysis of electricity, natural gas and fuel use for our buildings and transportation services.
all projects related to energy efficiency, reduction and innovation.
As a result, our science-based emissions target has been restated, reflective of our remaining portfolio.
The pandemic also continued to play a role in our emissions performance, with reduced visitation in both Singapore and Macao at various points during the year.
and renewable energy projects that create lasting performance.
1 Reduction in 2022 due to emission factor update.
1 Includes renewable energy generated and renewable energy credits.
2 All applicable energy sources (i.e., fuel, electricity, heating, cooling) are included, after conversion to GJ.
Energy intensity ratio uses energy consumption within the organization.
Includes only annualized savings from energy-efficiency initiatives implemented during the current year.
The drop in energy consumption and emissions in associated with the global economic downturn caused by the pandemic, while the slight increase in 2021 represents the start of the recovery as our properties were open for the entire year, albeit at significantly reduced visitation levels compared to 2019.
While our energy consumption increased globally in a significant amount of renewable energy credits, resulting in a 50% reduction from our 2018 baseline.
Ongoing efficiency projects have also contributed to decreases in energy and emissions.
Our CSO is responsible for managing environmental topics including our waste initiatives, and oversees the Sands ECO program, reporting to the president and chief operating officer (COO).
Regional sustainability departments are responsible for managing and implementing waste initiatives at the property level, working closely with other departments as needed.
We set internal and external qualitative and quantitative targets for waste, including a operational waste diversion.
Our resorts generate a variety of waste items, with food representing a large portion of our waste stream.
Developing and renovating properties also generates large amounts of waste, which can be challenging to recycle.
We reduce our waste streams by consuming less when possible and reusing and recycling more.
We handle construction waste from new development projects responsibly, leveraging leading environmental building practices such as LEED.
Food waste represents the single largest waste stream in our operations.
We work to reduce the amount of food destined for the waste stream by addressing unnecessary inefficiencies, spoilage and overproduction, while encouraging a culture of taking only what is needed.
Measurement: We monitor food loss using artificial intelligence technology and data logs in our Winnow systems, track food weight of waste diverted by our digesters or donated, and conduct periodic audits and waste characterization studies to measure food waste discarded.
Communication to Team Members in our dining facilities helps reduce food waste and aids in waste separation.
In Team Member dining rooms, we measure pre- and post-consumption food and use digester data logs to track food waste.
We also monitor food production in our kitchens using Winnow and other artificial intelligence technologies that deliver actionable insights to help kitchen staff identify opportunities for menu adjustments and change food orders to reduce waste.
Finally, we conduct periodic audits and waste-characterization studies to understand the composition of our general waste stream.
Food waste intensity 1 Total food waste and food waste discarded cannot be directly measured and, therefore, are estimated.
Food waste rescue includes food donated to food pantries and other nonprofit organizations.
Food waste diversion includes food waste diverted from landfill via digestion, animal consumption or composting.
since changes in global recycling markets, staff shortages that decreased sorting capabilities and an increase in unrecyclable waste such as single-use disposables due to operational changes from the pandemic.
Since food waste recovery by 12 percentage points, thanks to processes and programs in our kitchens and restaurants and continued scaling of artificial intelligence technology and food waste digesters.
We set internal and external qualitative and quantitative targets, including a target to employ sustainable solutions for water bottles by 2025.