Sands China Ltd. has received its latest environmental accolade, earning a spot in Newsweek magazine’s Top Green Companies in the World 2015. Newsweek’s annual Green Rankings examines the world’s 500 largest publicly-traded companies, ranking them on corporate sustainability and environmental impact.
Sands China is ranked 99th globally, and is the only Macao company represented in this year’s Newsweek Green Rankings — one of the world’s most recognised assessments of corporate environmental performance. SandsChina placed second globally in the list’s Hotels, Restaurants & Leisure category, and is second among the 56 companies representing Greater China.
“Sustainable operations is a central part of the thinking at Sands China,” said Mark McWhinnie, senior vice president of resort operations and development. “We are keenly aware of our responsibility to the environment, to our community and to future generations; this recognition by Newsweek is welcome confirmation of the success of our continued efforts toward environmental sustainability.”
Newsweek’s assessment included examining Sands China’s efforts toward responsible gaming, the customer experience, and generating a positive impact on society and the economy. Sands China’s ongoing commitment to the community includes organising regular community events. The Sands China Care Ambassador programme often reaches out to the segments of society most in need, and the Sands China Community Academy gives community groups access to learn from and be inspired by some of the planet’s most talented individuals from the worlds of sport, cinema, stage and beyond.
Sands China implements numerous sustainability measures under the Sands ECO360 degree global sustainability strategy. By installing LED lights and optimising heating, ventilation and air-conditioning systems, the company saved a total of 28 million kWh of electricity in 2014 — enough to power more than 70,000 households every month. Sands China increased its waste recycling rate from 2 per cent in 2012 to 12 per cent in 2015. The company also processes its properties’ landscaping waste into compost with a wood chipping machine, and converts large volumes of waste into bio-water via innovative food waste digester machines.
In recognition of efforts such as these and others, Sands China holds several environmental awards and certifications. Among them, The Venetian® Macao’s convention and exhibition centre is ISO 20121 certified in event sustainability management.
Newsweek’s Green Rankings is based on research from Corporate Knights Capital, along with a green revenue score by HIP (Human Impact + Profit) Investor Inc. The 2015 rankings utilise eight environmental performance indicators: energy productivity, greenhouse gas productivity, water productivity, waste productivity, green revenue score, green pay link, sustainability board committee, and audited environmental metrics.
More information about the 2015 Newsweek Green Rankings is available at www.newsweek.com/green-2015/top-green-companies-world-2015.