DONACO INTERNATIONAL LIMITED
Climate Impact & Sustainability Data (2024)
Reporting Period: 2024
Environmental Metrics
ESG Focus Areas
- Climate risk
- Anti-bribery and corruption
- Social impacts of gambling
- Environmental sustainability
Environmental Achievements
- Implemented a Hotel Room Key Tag System that automatically shuts off non-essential electrical devices when guests leave their rooms.
- Maintains several large water tanks to support operations for multiple days in case of water shortage.
- Has a contingency plan for electricity shortages with an uninterruptible power supply and a large generator.
Social Achievements
- Implemented a loyalty program at Star Vegas to retain visitors.
- Worked with tour groups and held ongoing events and promotions to attract visitors.
- Extended Aristo's operating hours to 24/7 from August 2024 (previously 18 hours).
Governance Achievements
- Maintains a robust compliance culture and practices to ensure compliance with license conditions and gaming legislation and regulations.
- Maintains frequent and transparent engagement with governments and regulators.
Climate Goals & Targets
Environmental Challenges
- Competition risk from other casinos in the region.
- Impacts of neighboring countries' attitudes and policies toward gambling (China and Thailand).
- Casino license restrictions prohibiting local residents from gambling.
- Potential changes to tax legislation.
- Corporate risks (safety, recruitment, retention, tax, foreign exchange, procurement, return on capital).
- Regulatory risks and changes in the regulatory framework.
- Political and compliance risks in multiple jurisdictions.
- Social impacts of gambling.
- Climate change impacts.
- High money-laundering risks and risk of bribery and corruption.
- Liquidity and solvency risks.
- Risk of loss of casino license.
Mitigation Strategies
- Employing differentiation strategies to enhance leisure and gaming experiences.
- Actively monitoring developments in the region.
- Strategically targeting tour groups and non-local visitors.
- Diligent monitoring and evaluation of potential implications of changes in tax legislation.
- Risk Management Policy with review and monitoring by the ARC and the Board.
- Close monitoring of the regulatory landscape and engagement with governments and regulators.
- Existing risk management framework.
- Not offering credit facilities and prohibiting local residents from gambling.
- Encouraging staff and visitors to conserve water and power.
- Clear Anti-Bribery and Anti-Corruption Policy and internal controls.
- Continuously monitoring forecast and actual cash flows, maintaining flexible funding, and transparent relationships with lenders.
- Conservative approach to capital management.
- Maintaining a robust compliance culture and practices.