Climate Change Data

The Venetian Resort Las Vegas

Climate Impact & Sustainability Data (2023)

Reporting Period: 2023

Environmental Metrics

Total Carbon Emissions:310,452 tCO2e (2022)
Scope 1 Emissions:23,434 tCO2e (2022)
Scope 2 Emissions:0 tCO2e (2022)
Scope 3 Emissions:286,018 tCO2e (2022)
Renewable Energy Share:100% (location-based)
Total Energy Consumption:176,980,629 kWh (2022)
Water Consumption:2,570,969 m3 (2023)
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed

ESG Focus Areas

  • Carbon Footprint Reduction
  • Waste Diversion
  • Water Conservation
  • Diversity, Equity & Inclusion
  • Supporting Education
  • Human Capital Development
  • Human Rights
  • Local Business & Partner Development
  • Plastic & Packaging
  • Supply Chain Management & Supplier Diversity
  • Corporate Philanthropy

Environmental Achievements

  • Over 33 million gallons of water saved annually through the installation of water-efficient fixtures across the property
  • 25 million gallons of groundwater collected via a nanofiltration system from beneath The Palazzo for use in horticulture, cooling towers, and street cleaners
  • 100% of our energy is sourced from Renewable Energy Sources
  • Over 250,000 pounds of leftover materials from tradeshows are donated to local charity organizations
  • Dow Jones Sustainability Indices – 100% score

Social Achievements

  • Supported 22 local non-profits
  • Sponsored and attended 32 community events
  • Participated in 121 volunteer events
  • Contributed 5,865 recorded volunteer hours
  • 6,326 items donated by Team Members
  • Rescued and donated 83,832 meals
  • 293 internal promotions in 2023
  • Medical, dental, and vision plans at no premium cost to employees
  • Launched The Food Rescue Alliance in 2023, donating over 100,000 pounds of food as of July 2024

Governance Achievements

  • Established a Team Member committee to review, advise, and oversee new initiatives and enhance existing programs
  • Annual training on Code of Business Conduct, Human Trafficking Prevention, Anti-Money Laundering Policy, Responsible Gaming, Workplace Harassment Prevention, and Workplace Health and Safety

Climate Goals & Targets

Long-term Goals:
  • Exploring setting climate goals in line with the latest climate science and the Science-Based Target initiative
Medium-term Goals:
  • Not disclosed
Short-term Goals:
  • Not disclosed

Environmental Challenges

  • Reducing Scope 3 emissions (primarily from Purchased Goods & Services and Capital Goods)
  • Food insecurity in Southern Nevada
  • Food waste
Mitigation Strategies
  • Implementing efficiency upgrades and switching to cleaner alternatives like renewable electricity to reduce Scope 1 emissions
  • Procuring Renewable Energy Certificates (RECs), reducing emissions from market-based electricity to zero
  • Launching The Food Rescue Alliance to donate leftover food
  • Redirecting food waste unsuitable for donation to an animal farm

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement
  • Sustainable Procurement Policy
  • Local sourcing support
  • Organic and sustainable certifications
  • Sustainable seafood
  • Green Tick Sustainable Certified products
  • Ethical animal products
  • Environmental impact assessments
  • Organic product labeling

Climate-Related Risks & Opportunities

Physical Risks
  • Not disclosed
Transition Risks
  • Not disclosed
Opportunities
  • Not disclosed

Reporting Standards

Frameworks Used: SASB

Certifications: LEED Gold® (The Venetian Convention and Expo Center)

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • Not disclosed

Not disclosed

Sustainable Products & Innovation

  • Not disclosed

Awards & Recognition

  • Gold in multiple Stella Awards from Northstar Meetings Group
  • Silver Medal for Best Sustainability Initiative