- S&P Global ranked Sands China in top 1% for ESG performance.
- Sands China is the only company in the Casinos & Gaming industry category to achieve this distinction.
Sands China has been recognized in both the China and Global editions of the S&P Global Sustainability Yearbook 2024, earning a prestigious spot among the top 1% of companies in the annual corporate sustainability assessment.
The S&P Global Sustainability Yearbook is one of the world’s most authoritative publications for evaluating corporate sustainability. Sands China’s impressive performance in environmental, social and governance (ESG) criteria has made it the only company in the Casinos & Gaming industry category to achieve this distinction in 2024. The company attributes this achievement to the collective efforts of its 26,000 employees and community partners across Macau.
In the China edition of the 2024 yearbook, over 1,700 companies across 60 industries from mainland China, Hong Kong and Macau were evaluated. Sands China was one of only 12 companies to achieve top 1% ESG performance.
Globally, the yearbook assessed over 9,400 companies across 62 industries, with Sands China being one of the 66 companies recognized in the top 1% of the global rankings.
Grant Chum, Chief Executive Officer and Executive Director of Sands China Ltd., said, “We are thrilled and honored to be recognized by S&P Global for our efforts in corporate sustainability. We extend our gratitude to our team members for their dedication to supporting the company’s sustainable development strategy as we strive for excellence in ESG.
“Being recognized as an ESG leader in China is a significant achievement but being in the top 1% globally and the global leader in our industry is even more gratifying. With over 20 years of deep roots in Macau, Sands China remains committed to our three corporate responsibility pillars – People, Community and Planet. We dedicate this honor to our devoted team members, suppliers and community partners for their unwavering efforts in sustainability.”
Sands China’s commitment to ESG is evident in its achievements. Last year, the company recorded 2.33 million employee training hours and surpassed its goal of reducing carbon emissions by 17.5% ahead of schedule. Over the years, Sands China’s volunteer team has contributed more than 310,000 hours of community service, highlighting the company’s dedication to corporate social responsibility.
In addition to the Global Sustainability Yearbook, S&P Global has also recognized Sands China’s ESG achievements through the Dow Jones Sustainability Indices (DJSI). In 2023, Sands China was listed on both the DJSI World and DJSI Asia Pacific indices, marking the company’s second consecutive year on the World Index and its third on the Asia Pacific Index.
Sands China explained that the company implements a series of initiatives through its parent company, Las Vegas Sands, under the People, Community and Planet pillars of its corporate social responsibility platform. These initiatives include the “Sands ECO360” global sustainability program, the “Sands Cares” corporate giving and community engagement program, and the “Sands China Academy,” a development platform for team members. These efforts reflect Sands China’s active commitment to corporate social responsibility. Over the years, the company’s strong track record in sustainable business performance, through the economic value and social impact it has delivered, underscores its commitment to serving the Macau community and contributing to making it a better place to live and work.