Las Vegas Sands Celebrates Sustainability Achievements With Release of First Environmental Report
Company Receives Accolades for Sands ECO360 degrees Sustainable Practices
LAS VEGAS, NV -- (Marketwire) -- 07/17/12 --
Las Vegas Sands Corp. (NYSE: LVS) released today its inaugural Environmental Report, the first environmental study in the gaming industry to be formally verified by the Global Reporting Initiative, a leading non-profit organization that promotes economic, environmental and social sustainability.
During the launch event at The Venetian Las Vegas, the company highlighted its significant investments in state-of-the-art green technologies, including solar panels, nano-filtration systems and advanced building management systems. The report -- available at lasvegassands.com -- offers further details on the company's green building designs, environmentally responsible operations, green meetings, and extensive community outreach and engagement.
"Our Environmental Report shows that when guests stay at our resorts, they'll enjoy not only a comfortable and relaxing hotel experience but also the satisfaction of staying with a conscientious hospitality company," said Michael A. Leven, the company's president and chief operating officer. "Our Sands ECO360 degrees strategy has now placed us at the forefront of green hotel operations -- from air quality and energy efficiency to helping disabled and underprivileged people."
Las Vegas Sands also received accolades for its green operations from sustainability leaders outside the company. "These are some of the best managed facilities anywhere in the world," said Doug Bennett, conservation manager for the Southern Nevada Water Authority. "They've done everything to make the guest room highly efficient, to make the cooling systems highly efficient, the irrigation highly efficient."
Debi Kinney, western regional director for Clean the World, a non-profit organization that distributes donated hygiene products to impoverished people around the planet, also expressed appreciation for the company's commitment to charity and sustainability. "Properties like The Venetian and The Palazzo," she said, "have really stepped up and been the forerunners in the movement to recycle soap and to take it to the next level."
"Turning our green values and ideas into a reality has been an impressive achievement for this company," said Michael Leven, but he concluded that he doesn't want the company to be satisfied with the status quo. "I still want us to push harder to improve environmental operations. I want us to set new sustainability targets and reach them. I want us to find new ways to reduce our carbon emissions, our water use, and our waste. By 2015, I want to see yet more palpable achievements in all of these areas. We can do it. I believe we can."
Statements in this press release, which are not historical facts, are "forward-looking" statements that are made pursuant to the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve a number of risks, uncertainties or other factors beyond the Company's control, which may cause material differences in actual results, performance or other expectations. These factors include, but are not limited to general economic conditions, competition, new ventures, government regulation, legalization of gaming, interest rates, future terrorist acts, insurance, and other factors detailed in the reports filed by Las Vegas Sands Corp. with the Securities and Exchange Commission.
ABOUT LAS VEGAS SANDS CORP.
Las Vegas Sands (NYSE: LVS) is a Fortune 500 company and the leading global developer of destination properties (Integrated Resorts) that feature premium accommodations, world-class gaming and entertainment, convention and exhibition facilities, celebrity chef restaurants, and many other amenities.
The Venetian and The Palazzo, Five-Diamond luxury resorts on the Las Vegas Strip, and Sands Bethlehem in Eastern Pennsylvania are the company's properties in the United States. Marina Bay Sands® is the company's iconic Integrated Resort in Singapore's downtown Marina Bay district.
Through its majority-owned subsidiary Sands China Ltd., the company also owns a portfolio of properties on Macao's Cotai Strip®, including The Venetian Macao, Four Seasons Hotel Macao, and Sands Cotai Central, a 13.7 million square foot 6,400-room Integrated Resort, the first phase of which debuted in April 2012. The company also owns the Sands Macao on the Macao Peninsula.
ABOUT SANDS ECO360 degrees
Sands ECO360 degrees is Las Vegas Sands Corp. (LVS)'s global sustainability strategy with the primary objective to continuously improve their stewardship of the environment. LVS is committed to environmental responsibility by promoting sustainable development, reducing the impact of their operations on the natural environment, and enhancing the resort experience of their guests as well as the quality of life in the community where they operate.
The names and brands mentioned above are trademarks and/or registered trademarks of their respective owners.
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Source: Las Vegas Sands Corp.
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