Climate Change Data

MGM Resorts International

Climate Impact & Sustainability Data (2016, 2019, 2020, 2023)

Reporting Period: 2016

Environmental Metrics

Total Carbon Emissions:692,615 mtCO2e
Scope 1 Emissions:221,735 mtCO2e
Scope 2 Emissions:470,880 mtCO2e
Scope 3 Emissions:Not disclosed
Renewable Energy Share:18.8%
Total Energy Consumption:6,719,551 mmBTU
Water Consumption:4,483,545 kGal
Waste Generated:120,957 tons
Carbon Intensity:Not disclosed

ESG Focus Areas

  • Diversity & Inclusion
  • Community Investment & Engagement
  • Environmental Sustainability

Environmental Achievements

  • Completed expansion of America’s largest contiguous rooftop solar array at Mandalay Bay Convention Center (26,000 panels, 8.3 megawatts, 28 acres)
  • Achieved LEED Gold certification for T-Mobile Arena, The Park, and MGM National Harbor
  • Reached 70% completion in substituting all resort lighting with energy-efficient LED lamps
  • Diverted over 49,474 tons of material from landfills

Social Achievements

  • Made strides in enlarging the diversity facets of talent recruitment and development systems
  • Contributions to almost 1,400 nonprofits by 68.7% of domestic employees through MGM Resorts Foundation
  • Almost 103,000 volunteer hours of community service donated by more than 5,600 employees
  • MGM National Harbor exceeded goals in construction diversity, employment diversity, and community giving as set forth in its Community Benefits Agreement

Governance Achievements

  • Continued success of Profit Growth Plan’s cost-efficient, innovative, and revenue-generating operational reforms
  • Full ownership acquisition of Borgata Hotel Casino & Spa
  • Launch of MGM Growth Properties, a triple-net lease real estate investment trust

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • Not disclosed
Short-term Goals:
  • Not disclosed

Environmental Challenges

  • Not disclosed
Mitigation Strategies
  • Not disclosed

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement
  • Supplier Diversity Program
  • Minority and women bid participation in procurement contracts exceeding $1,000

Climate-Related Risks & Opportunities

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

Reporting Standards

Frameworks Used: LEED, Green Globes, Green Key

Certifications: LEED Gold, Green Globes Four Globes

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • Not disclosed

Not disclosed

Sustainable Products & Innovation

  • LED lighting
  • Low-flow fixtures
  • Recycled materials

Awards & Recognition

  • America’s Best Large Employers
  • World’s Most Admired Companies
  • The Civic 50
  • LEED Gold Certifications
  • Green Globes Four Globes
  • Many others

Reporting Period: 2019

Environmental Metrics

Total Carbon Emissions:Not disclosed
Scope 1 Emissions:278,835 metric tons CO2 equivalent in 2019
Scope 2 Emissions:689,594 metric tons CO2 equivalent in 2019
Scope 3 Emissions:Not disclosed
Renewable Energy Share:16.5% in 2019
Total Energy Consumption:Not disclosed
Water Consumption:Not disclosed
Waste Generated:53,000 metric tons diverted in 2019
Carbon Intensity:Not disclosed

ESG Focus Areas

  • Diversity and Inclusion
  • Community Investment
  • Employee Well-being
  • Environmental Sustainability

Environmental Achievements

  • Reduced water usage more than 29% per square foot (from 2007 baseline)
  • Earned LEED Platinum certification for MGM Springfield

Social Achievements

  • Established a mentorship program for women
  • Provided free higher education to employees through the College Opportunity Program
  • Donated 1.5 million meals through Feeding Forward program

Governance Achievements

  • Integrated tracking and public reporting across ESG initiatives

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • Reduce carbon emissions by 45% (by 2025)
  • Reduce energy per square foot by 25% (by 2025)
  • Reduce water per square foot by 30% (by 2025)
  • Achieve 60% materials diversion rate (by 2025)
Short-term Goals:
  • Not disclosed

Environmental Challenges

  • Not disclosed
Mitigation Strategies
  • Not disclosed

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement
  • Supplier Diversity Mentorship Program
  • Diversity participation in all construction bids since 2000
  • Diversity participation in all biddable commodity purchases over $3,000 since 2003

Climate-Related Risks & Opportunities

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

Reporting Standards

Frameworks Used: UN Sustainable Development Goals (SDGs)

Certifications: LEED Platinum (MGM Springfield), ISO14001:2015 and ISO50001:2018 (Macau)

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • Not disclosed

Supports 10 primary SDGs

Sustainable Products & Innovation

  • Not disclosed

Awards & Recognition

  • Numerous awards for CSR, sustainability, and human resources in Macau; America’s Top Corporations for Women’s Business Enterprises; Forbes Best Places to Work for LGBTQ Equality

Reporting Period: 2020

Environmental Metrics

ESG Focus Areas

  • Climate Change
  • Human Capital Management
  • Diversity & Inclusion
  • Health, Safety & Well-being

Environmental Achievements

  • Completion of the MGM Resorts Mega Solar Array in North Las Vegas (100MW)
  • Installation of over 1.4 million LEDs
  • Significant investments in HVAC efficiency projects
  • Conversion of over 200,000 square feet of real grass to artificial turf
  • Implementation of a comprehensive materials diversion program diverting over 30 materials from landfills
  • Increased environmentally preferable purchasing of copy paper (86.9% in 2020)

Social Achievements

  • Development of the MGM Seven-Point Safety Plan
  • Procuring nearly 1 million articles of PPE for Covid-19 relief efforts
  • Donating 662,000 pounds of food (552,000 meals) to food banks
  • Expanding the MGM Resorts Foundation Employee Emergency Grant Fund to provide over $15 million for employee bill payments
  • Launching Courageous Conversations to enhance diversity and inclusion efforts
  • Increased cage-free egg spend in the U.S. from 12.7% in 2018 to 21.7% in 2020
  • Partnership with Ecolab to implement SmartPower solution for commercial dishwashing, resulting in reductions in water, energy, and packaging use.

Governance Achievements

  • Completed a formal ESG Materiality Assessment in Q1 2020
  • Established an ESG task force
  • Public release of policies on human rights and against human trafficking
  • Refreshed and updated human capital strategy with deeper integration of diversity & inclusion
  • Released new environmental programs and goals

Climate Goals & Targets

Medium-term Goals:
  • Reduce water per square foot by 30% (2007 baseline)
  • Reduce energy per square foot by 25% (2007 baseline)
  • Reduce carbon emissions per square foot by 45% (2007 baseline)
  • Achieve 60% materials diversion rate
  • Spend with diverse suppliers at least 10% of domestic biddable procurement
  • Expand Supplier Diversity Mentorship Program to 50 graduates
  • Expand support of nonprofit workforce development and education programs to 40% of Company giving
  • Award 600 post-secondary scholarships to children of employees
  • Surpass 1 million cumulative volunteer hours
  • Exceed $100 million in cumulative employee donations
  • Achieve 75% participation in domestic employee donations
  • Donate 5 million meals

Environmental Challenges

  • Covid-19 pandemic resulting in catastrophic human and economic consequences
  • Supply chain disruptions
  • Racial injustice
  • Economic downturn
Mitigation Strategies
  • Developed the MGM Seven-Point Safety Plan
  • Procured and donated PPE
  • Donated food to food banks
  • Expanded the Employee Emergency Grant Fund
  • Launched Courageous Conversations
  • Leveraged supply chain for PPE acquisition through diverse suppliers
  • Expanded Supplier Diversity Mentorship Program

Supply Chain Management

Responsible Procurement
  • Supplier Diversity program
  • Environmentally preferable purchasing
  • Sustainable Supply Chain Charter

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: SASB, TCFD, GRI, UNGC

Certifications: LEED, Green Globes, Green Key, China Green Building, ISO 14001, ISO 50001

Third-party Assurance: MGM Internal Audit team

UN Sustainable Development Goals

  • SDG 8: Decent Work and Economic Growth
  • SDG 4: Quality Education
  • SDG 2: Zero Hunger
  • SDG 6: Clean Water and Sanitation
  • SDG 7: Affordable and Clean Energy
  • SDG 12: Responsible Consumption and Production

The company's initiatives align with these goals through workforce development, education, food security, water conservation, renewable energy, and waste reduction.

Awards & Recognition

  • One of the Best Places to Work for LGBTQ Equality
  • One of America’s Best Employers for Diversity
  • One of America’s Top Corporations for Women’s Business Enterprises
  • DiversityInc’s Top Regional Companies
  • Top 50 Best Companies for Latinas
  • SportsTravel Award for Employee Emergency Grant Fund Efforts
  • Nevada Governor’s Points of Light Awards
  • Food Recovery Challenge Hospitality Award
  • One of the World’s Most Admired Companies
  • One of the World’s Best Employers

Reporting Period: 2023

Environmental Metrics

ESG Focus Areas

  • Diversity, Equity & Inclusion
  • Investing in Our Communities
  • Protecting the Planet

Environmental Achievements

  • Reduced energy use by 23% through efficiencies in U.S. building portfolio (Better Buildings Challenge)
  • Achieved the first net-zero consumptive water use race in Formula 1 history through atmospheric water generation
  • Partnered with the Environmental Defense Fund’s Climate Corps to develop a comprehensive food waste reduction strategy

Social Achievements

  • Employees donated nearly 82,000 volunteer hours in 2023
  • MGM Resorts Foundation distributed $2.7 million to 109 nonprofit organizations
  • More than 17% of domestic biddable spend was with diverse-owned businesses
  • Expanded Essentials of Leadership courses to include six playbooks and 10 courses
  • Launched Years of Service Program, recognizing more than 38,000 employees

Governance Achievements

  • CEO and President, as well as the Board of Directors’ Corporate Social Responsibility & Sustainability Committee, are responsible for governing environmental and social responsibility policies and programs

Climate Goals & Targets

Medium-term Goals:
  • Reduce absolute Scope 1 & 2 carbon emissions by 50% (2019 baseline, global) by 2030
  • Source 100% renewable electricity (U.S.) by 2030
  • Ensure women have equal access to leadership opportunities (global) by 2030
  • Ensure racially diverse employees have equal access to leadership opportunities (U.S.) by 2030
Short-term Goals:
  • Reduce materials disposed per square foot by 60% by 2025
  • Reduce water per square foot by 33% by 2025
  • Reduce energy per square foot by 25% by 2025
  • Reduce carbon emissions per square foot by 45% by 2025
  • Spend with diverse suppliers at least 15% of domestic biddable procurement (U.S.) by 2025
  • Train 100% of employees in management on Social Impact & Sustainability policies and goals by 2025

Environmental Challenges

  • Water scarcity in Las Vegas due to drought-stricken Lake Mead
  • Food waste in the hospitality industry
  • Educational inequity in Clark County
Mitigation Strategies
  • Endorsed the CEO Water Mandate
  • Developed a comprehensive food waste reduction strategy
  • Committed $90,000 to Teach for America Nevada

Supply Chain Management

Responsible Procurement
  • Supplier Diversity Program
  • Sustainable Procurement Principles (Low Carbon, Water Responsible, Deforestation Free, Circular & Efficient, Ethical & Humane, and Local & Diverse)

Climate-Related Risks & Opportunities

Physical Risks
  • Water scarcity

Reporting Standards

Frameworks Used: CDP, GRI, SASB, TCFD

UN Sustainable Development Goals

  • SDG 6 (Clean Water and Sanitation)

Awards & Recognition

  • CDP A List for Climate Change
  • Better Buildings Challenge Energy Goal Achiever
  • ISS Corporate ESG Performance Prime 2023
  • Bloomberg Gender-Equality Index
  • Pinnacle Inclusion Index
  • Seramount Inclusion Index
  • Best Company for DEI by Black Enterprise
  • The Stars of Nevada: Governor’s Points of Light Gold Winner