Wynn Resorts Announces Corporate Sustainability Goals With Release Of Environmental, Social and Governance Report

By District Energy posted 09-21-2021 13:02

  

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Summary

Wynn Resorts today issued its Environmental, Social and Governance (ESG) Report, which includes the Company's collective pledges and defined goals to decrease emissions and confront the mounting risk of climate change.

The Wynn Resorts sustainability program, known as Goldleaf, houses scientific solutions to the wide range of environment and climate challenges that are unique to each resort that Wynn Resorts operates. Under the direction of CEO Matt Maddox and Chief Sustainability Officer Erik Hansen, the Company has committed to the following Wynn Resorts Corporate Sustainability Goals:

  • Net-Zero by 2050: To reduce or offset all carbon dioxide (CO2) produced by our operations no later than 2050.
  • Carbon Dioxide Emissions Peak by 2030: To stop and reverse year-over-year growth of operational carbon dioxide (CO2) emissions by 2030.
  • 50% Renewable Energy Procurement by 2030: To increase Wynn Resorts supply of renewable energy produced or procured to at least 50% of total consumption by 2030.

The above commitments are aligned with the recommendations made by the Intergovernmental Panel on Climate Change (IPCC) for limiting global warming to below 1.5 degrees Celsius, as referenced in the 2015 Paris Climate Accord. In 2020, Wynn Resorts completed several major projects in renewable energy, waste diversion, and emissions reduction, many of which were years in the making, including:

  • Encore Boston Harbor received 100% of its energy from renewable and green sources of power and is the first integrated resort in the Unites States with an onsite microgrid balancing solar energy production, combined heat and power co-generation, and battery storage.
  • Encore Boston Harbor diverted 100% of waste from the landfill in 2020 during its first full year of operation, utilizing its comprehensive waste management infrastructure of recycling, composting and waste-to-energy conversion to ensure no waste goes to a landfill, ever.
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