Published 8 years ago.
About a 3 minute read.
Gaming, hotel and resort company Caesars Entertainment Corporation released its sixth annual Corporate Citizenship Report, Inspiring Citizenship, this week. The company achieved most of its 2015 targets early and has established new interim targets for 2020 in accordance with their goals for 2025.Highlights of environmental progress include:
Gaming, hotel and resort company Caesars Entertainment Corporation released its sixth annual Corporate Citizenship Report, Inspiring Citizenship, this week. The company achieved most of its 2015 targets early and has established new interim targets for 2020 in accordance with their goals for 2025.
Highlights of environmental progress include:
“As hard as we are working to achieve results through our citizenship efforts, we are also working diligently to be more transparent in our reporting,” said Jan Jones Blackhurst, EVP of Communications, Government Relations and Corporate Responsibility for Caesars. “In addition to using the GRI [Global Reporting Initiative] G4 guidelines for the second year, we are the only company in our industry to participate in CDP’s water reporting and supply chain management program.”
The company calculates contributed value based on a social monetization white paper published by VeraWorks' Bea Boccalandro. Each categorical contribution from Caesars far surpassed the average for U.S. corporations, including $81,000 in combined giving to non-profit community groups compared to the average $13,000. Employees contributed nearly 200,000 volunteer hours in their communities.
“We are constantly striving to improve our performance across a wide array of metrics,” said president and CEO Mark P. Frissora.
On the social impact side, Caesars reports:
“We are energized by the contributions our company can make through our citizenship activities,” Frissora said. “Our efforts are demonstrated in the value we generate for our employees and communities, which is three times the average of U.S. corporations. In 2014, Caesars generated $5.9 million in contributed value, which includes salaries and benefits, taxes, charitable giving and volunteering, for every $10 million in revenue.”
Published Oct 7, 2015 4pm EDT / 1pm PDT / 9pm BST / 10pm CEST