News Las Vegas Sands Earns Stock Market Recognition

Las Vegas Sands Earns Stock Market Recognition

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High profile Las Vegas casino operator Las Vegas Sands Corp. has again earned recognition for its efforts on environmental, social and governance issues (ESG).

The S&P Dow Jones Sustainability Index (DJSI) is one of the world’s most prominent indices measuring corporate sustainability and ESG success, and this year celebrates its 20th anniversary.

Among all of the publicly listed companies included in the DJSI North America, Las Vegas Sands is the only integrated casino resort company represented, and follows from its success in being named as one of the world’s Most Admired Companies by Fortune magazine earlier this year.

Las Vegas Sands owns the Venetian Resort and Sands Expo in Las Vegas, along with Marina Bay Sands in Singapore, along with five properties on the Cotai Strip in Macau.

Its place on the DJSI is reportedly in recognition for the significant improvement that the company has made in the areas of human rights, philanthropy, corporate good citizenship and environmental efficiency in recent months, which has included the development of the Sands ECO360, a program focused on global sustainability, and Project Protect, an initiative to promote responsible gambling and to contribute to the fight against financial crime and trafficking.

The organisation has also implemented projects designed to support charitable activity and community engagement, along with a global development program for its workforce.

Las Vegas Sands has also been boosted by the news that it will be added to the S&P 500 index later this week. The S&P 500 features some of the largest corporations in the US economy and is regarded as one of the leading stock indexes globally. Las Vegas Sands will join fellow casino operators MGM Resorts International and Wynn Resorts Ltd. on the index.

Image sourced from 123RF.

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