Form DEF 14A Caesars Entertainment, For: Jun 14

Fenika Bench



 

create an estimate for 2018 and prior years back to 2011.
This enabled us to compare our progress against our SBTs using actual data from 2019 and 2020 against a modeled 2011 base year. Between 2011 and 2020, Caesars estimated a reduction in absolute Scopes 1 and 2 GHG emissions of 36.1%. We recognize that
2020 was an atypical year with property closures and business interruptions resulting from COVID-19 that had a material impact on our results. Caesars is pursuing renewable energy sources and low-carbon options, including on site solar developments. Our long-term goals include a continued focus on energy efficiency and conservation as well as evaluating renewable energy supply opportunities for each of
our properties in pursuit of our forthcoming SBTs.

We voluntarily participate in the CDP (formerly the Carbon Disclosure Project), an international nonprofit that
runs a global disclosure system for investors, companies, and regions to manage their environmental impacts. In 2021, Caesars scored an A for water security and a B for climate change for our 2020 performance and earned a spot on the Supplier
Engagement Leaderboard from CDP. Just 2% of companies assessed by CDP make the A List and only 8% make the Supplier Engagement Leaderboard. We are engaged in extensive waste reduction efforts across our facilities, including recycling, food
donation, and manure composting. In 2020, we diverted 45% of our total waste from landfills.

Additionally, to encourage cleaner forms of transportation, we maintain
Electric Vehicle (EV) charging stations at our properties for use by guests at no cost. We have more than 150 EV charging ports available for guests at multiple locations across the U.S. We also host one of the largest and most advanced Tesla
Supercharger station and energy center in Nevada at the LINQ Promenade in Las Vegas, with photovoltaic canopies, battery storage, 15 level II charging stations and 24 Tesla version 3 Superchargers.

Across our properties, multiple initiatives are in place at any given time to reduce waste of all kinds, whether by adopting more efficient practices to eliminate waste
at the source, waste segregation for reuse and recycling opportunities, or donating surplus products to local nonprofits. For example, we maintain close connections with local food banks and shelters around our properties, to whom we regularly
donate surplus food and thousands of meals from our dining facilities. Similarly, we annually donate truckloads of hotel furniture and fittings to nonprofits around our properties after renovations and upgrades.

Community Investment

The Company contributes extensively to our
local communities to help them develop and prosper, through funding community projects, employee volunteering and cash donations from the Caesars Foundation, a private foundation funded from our operating income. In 2021, the Caesars Foundation
contributed $1.8 million to communities across the United States. The Foundation also continued to support significant national relationships that support diversity, equity and inclusion. In addition, we donated $3.1 million generated from
parking fees at Las Vegas properties to nine local nonprofit organizations. During 2021, our Team Members volunteered over 70,000 hours through the HERO program.

Many of our community partners are long-term collaborations. For example, we have many years of partnership with Meals on Wheels America to combat the issues of senior
hunger and isolation. We also partner with Clean the World to reduce waste from soap bars and plastics from our hotel operations, and Boys and Girls Club of America to support the mission of enabling young people to reach their full potential as
productive, caring, responsible citizens.

We host national Economic Equity Tours through live webinars and on-line resources
for thousands of women of color owned small businesses, and diverse non-profits. Expert-led webinars provided resources in the areas of financial empowerment, nonprofit
organization development, and entrepreneurship. In April 2022, we hosted a DEI Summit, in alignment with our nonprofit and corporate partners, to support the advancement of inclusion and advocacy and promotion and support of DEI.

Diversity, Equity and Inclusion

We embrace diversity and aim to
create an inclusive working environment that celebrates all our Team Members as individuals. Our diversity, equity and inclusion (“DEI”) framework identifies five pillars of activity: Team Members, suppliers/contractors, communities,
guests and advocacy for a holistic approach to embedding DEI in everything we do. We publish our DEI data in our annual Corporate Social Responsibility (“CSR”) report (described below). Currently, 45% of leadership roles in the Company are
held by women and 43% are held by people of color, excluding the recent acquisition of William Hill. In addition, we set our new goals around gender and racial diversity with a target of 50% of leadership roles to be held by women and 50% of
leadership roles to

 

                    

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2022 PROXY STATEMENT

       

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