The company is retrofitting buildings with advanced technology, pursuing energy efficiency and implementing other conservation measures, including its commitment to meet clear, measurable, science-based goals. Operating within the framework established by the United Nations Intergovernmental Panel on Climate Change, the company has established greenhouse gas reduction targets as part of a worldwide effort to ensure global temperatures do not increase more than two degrees celsius this century. Caesars has committed to reduce its emissions 30 percent by 2025 and 95 percent by 2050 from a base year of 2011. It is already making significant progress toward this goal, reducing its carbon emissions more than five percent each year from 2011 to 2016.
Retrofitting existing buildings saves huge amounts of energy, both helping the company’s bottom line and achieving carbon reductions. Caesars has already saved over 18.5 million KWh of energy per year. It saved over 6.4 million KWh from just one initiative to replace over 115,000 light bulbs with LED technology. With efforts like these, Caesars reduced fossil fuel-based energy consumption 21 percent on a square foot basis between 2007 and 2016.
These efforts have earned Caesars a place on CDP’s Climate “A list,” and the company is now focused on extending its environmental sustainability work through its supply chain. Caesars will make 60 percent of its purchases from suppliers committed to similar science-based targets by 2023.