Boyd Gaming Issues 2022 Environmental, Social and Corporate Governance Report

Rhea-AI Summary

Boyd Gaming Corporation (NYSE: BYD) has released its 2022 Environmental, Social and Corporate Governance (ESG) report, highlighting significant advancements in its ESG initiatives. The report reveals reductions in energy consumption by over 31% from 2017, greenhouse gas emissions down nearly 35%, and water usage reduced by over 30%. Boyd diverted 4.5 million pounds of waste from landfills, achieving a 53.6% diversion rate. The workforce diversity improved, with 63% of new hires being minorities and nearly 55% being females. Furthermore, the company contributed approximately $45 million to non-profits over the past three years.

Positive

• Energy consumption reduced by over 31% since 2017.
• Greenhouse gas emissions decreased nearly 35%.
• Water consumption reduced by over 30%.
• 4.5 million pounds of waste diverted from landfills, achieving a 53.6% diversion rate.
• 63% of new hires were minority groups; nearly 55% were females.
• Approx. $45 million contributed to non-profits from 2020-2022.

Negative

• None.

LAS VEGAS--(BUSINESS WIRE)-- Boyd Gaming Corporation (NYSE: BYD) today announced that the Company has issued its 2022 Environmental, Social and Corporate Governance (ESG) report.

Keith Smith, President and Chief Executive Officer of Boyd Gaming, said: “Since the day our Company was founded, Boyd Gaming has been committed to operating with the highest standards of integrity and ethical conduct. This 48-year-long commitment is the foundation of Caring the Boyd Way, our Company’s ESG philosophy. As outlined in this year’s report, the entire Boyd team made excellent progress advancing our strategic ESG initiatives in 2022, as we continued to positively impact our stakeholders and the communities we call home.”

Available online at www.caringtheboydway.com, the report outlines the Company’s key initiatives under its four ESG pillars: Environment, People, Communities and Corporate Governance. Key achievements highlighted in this year’s report include:

• Further reductions in the Company’s energy consumption, greenhouse gas emissions and water consumption. In 2022, Boyd’s annual energy consumption was more than 31% below the baseline year of 2017, while greenhouse gas emissions were nearly 35% lower and water consumption was reduced by over 30%.
• The Company diverted an additional 4.5 million pounds of waste materials from landfill year-over-year through waste reduction, reuse and recycling efforts, achieving a total diversion rate of 53.6% in 2022.
• Increased diversity in Boyd’s workforce, with minority groups representing 63% of Boyd’s new hires in 2022, and females nearly 55%.
• Development and implementation of a formal Companywide Human Rights Policy.
• Continued support of Boyd’s communities through approximately $45 million in contributions to non-profit organizations from 2020 through 2022.

About Boyd Gaming

Founded in 1975, Boyd Gaming Corporation (NYSE: BYD) is a leading geographically diversified operator of 28 gaming entertainment properties in 10 states, manager of a tribal casino in northern California, and owner and operator of Boyd Interactive, a B2B and B2C online casino gaming business. The Company is also a strategic partner and 5% equity owner of FanDuel Group, the nation's leading sports-betting operator. With one of the most experienced leadership teams in the casino industry, Boyd Gaming prides itself on offering guests an outstanding entertainment experience and memorable customer service. Through a long-standing company philosophy called Caring the Boyd Way, Boyd Gaming is committed to advancing Environmental, Social and Corporate Governance (ESG) initiatives that positively impact the Company's stakeholders and communities. For additional Company information and press releases, visit https://investors.boydgaming.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20230404005430/en/

Financial Contact:

Josh Hirsberg

(702) 792-7234

joshhirsberg@boydgaming.com

Media Contact:

David Strow

(702) 792-7386

davidstrow@boydgaming.com

Source: Boyd Gaming Corporation

FAQ

What are the key highlights of Boyd Gaming's 2022 ESG report?

Boyd Gaming's 2022 ESG report highlights significant reductions in energy consumption, greenhouse gas emissions, and water usage, alongside increased workforce diversity and substantial contributions to non-profits.

How much did Boyd Gaming reduce its energy consumption by in 2022?

In 2022, Boyd Gaming reduced its energy consumption by over 31% compared to its baseline year of 2017.

What percentage of Boyd Gaming's new hires were minorities in 2022?

In 2022, minority groups represented 63% of Boyd Gaming's new hires.

How much waste did Boyd Gaming divert from landfills in 2022?

Boyd Gaming diverted 4.5 million pounds of waste from landfills in 2022, achieving a total diversion rate of 53.6%.

What contributions has Boyd Gaming made to non-profits?

Boyd Gaming contributed approximately $45 million to non-profit organizations from 2020 through 2022.