Climate Change Data

Everi Holdings Inc.

Climate Impact & Sustainability Data (2020, 2022)

Reporting Period: 2020

Environmental Metrics

ESG Focus Areas

  • Environmental Sustainability
  • Social Responsibility
  • Diversity and Inclusion
  • Responsible Gaming
  • Human Capital Management

Environmental Achievements

  • Reduced and consolidated the number of office and facilities locations from 14 to 10, with plans to further reduce office space by approximately 70,000 square feet by June 2021.
  • Implemented recording and reporting protocols to monitor environmental impact.
  • Implemented measures to reduce water and electric energy usage through technologies such as motion-activated lights and faucets, low-flow toilets, and water filtration systems.
  • Recycling partners in place for industrial and consumer materials.
  • Redeploy component parts and electronic gaming machines in the Games business.
  • Installed water filtration systems and hydration stations to reduce bottled water waste.
  • Reduced paper consumption by reprogramming printers to default to double-sided printing and using recycled paper products.

Social Achievements

  • Launched Women's Leadership Initiative in 2017 to develop and advance diversity.
  • Implemented mandatory employee-wide diversity and inclusion training.
  • Sponsored employee virtual fundraisers and made donations to food banks and local charities.
  • Developed the Everi Cares™ Giving Module, allowing casino patrons to donate change, resulting in over $1,000,000 in donations since 2017.
  • Implemented programs to support internal and external career development opportunities and offer attractive employee benefits.
  • Implemented a Human Rights Statement and Human Rights Policy.
  • Extended medical benefits and covered insurance premiums for furloughed employees through November 30, 2020.
  • Added a new suite of benefits, the “Caregiver Loop Support Bundle”, to help employees with family care needs.
  • Implemented a new flexible Discretionary Paid Vacation and Time Off Policy.
  • Sponsored virtual meetings and webinars on mental health, health fair, workouts/yoga, and 401(k) consultation.

Governance Achievements

  • Updated Corporate Governance Guidelines and other governance policies annually.
  • Updated Supplier Code of Conduct to outline values and expectations for responsible business practices.
  • Adopted an Incentive Compensation Clawback Policy.
  • Adopted an Insider Trading Policy prohibiting hedging, monetization, and pledging of company securities.
  • Implemented a secure compliance hotline and website for anonymous submission of complaints.

Climate Goals & Targets

Environmental Challenges

  • Significant challenges due to the COVID-19 pandemic, including immediate loss of revenue and cash flow.
Mitigation Strategies
  • Reduced expenses, conserved liquidity, and planned for the survival of the Company.
  • Placed approximately 80 percent of the workforce on furlough, reduced salaries for remaining employees, and implemented remote working and safe workplace policies.
  • Secured an additional $125 million in borrowings, providing liquidity.
  • Cancelled or delayed material capital expenditures.
  • Reinstated base compensation to pre-COVID-19 levels for the employee base and retroactively restored a significant portion of the reduced salaries with one-time catch-up payments.
  • Reversed nearly all compensation reductions for executives and directors.
  • Fully paid down the outstanding balance on the revolving line of credit.

Supply Chain Management

Responsible Procurement
  • Updated Supplier Code of Conduct

Climate-Related Risks & Opportunities

Awards & Recognition

  • 2020 Women on Boards Winning 'W' Company
  • Annual Gaming and Technology Awards from Global Gaming Business: Best Slot Product and Best Consumer-Service Technology Awards for Second Consecutive Year (2020)

Reporting Period: 2022

Environmental Metrics

ESG Focus Areas

  • Environmental
  • Social
  • Governance

Climate Goals & Targets

Supply Chain Management

Climate-Related Risks & Opportunities