Caesars Entertainment has been recognised as a global leader on efforts to reduce emissions and lower climate related risk, by being awarded a position on the Carbon Disclosure Project.
The non-profit drives companies and governments to reduce their greenhouse gas emissions, safeguard water resources and protect forests, and acknowledged the company due to a series of actions and strategies implemented to manage carbon and climate change.
In excess of 5,000 organisations were assessed by CDP, formerly known as the Carbon Disclosure Project, who placed Caesars amongst three per cent of firms to earn a place on its leaderboard.
Mike Fath, vice president and chief procurement officer at Caesars Entertainment, commented: “Caesars Entertainment recognises our role in reducing our impact on the planet, which is why we continually set ambitious goals and actions that are aimed at significantly decreasing our carbon footprint throughout the full supply chain.
“We’re honoured to receive this recognition from CDP and will continue to do more, together with our suppliers, to create a long-lasting, meaningful difference.”
The supplier engagement leader board was released in ‘Cascading commitments: Driving upstream action through supply chain engagement’, CDP’s global supply chain report 2019, written by CDP and Carbon Trust.
It reveals that “with greenhouse gas emissions in supply chains on average 5.5 times those of company’s direct operations, there has been a step-change in corporate awareness and action on environmental impacts within the supply chain in the last decade”.
Sonya Bhonsle, global head of supply chain at CDP, commented: “In the ten years that we have been working with purchasing organisations, we have seen a fundamental shift in expectations around business action on sustainability.
“Leading purchasers are using disclosure to push positive change down the supply chain, with data playing an increasingly important role in their decision-making.
“If suppliers continue to cascade good practices further down the supply chain, this has the potential to play a huge role in the rapid transition to a sustainable, low-carbon economy.”