STOCK TITAN

Lights Off at Sands China's Integrated Resorts for Earth Hour 2022

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Positive)
Tags
Rhea-AI Summary

Sands China Ltd. participated in Earth Hour 2022, marking its 14th consecutive year of involvement. The company turned off exterior and non-essential indoor lights for an hour across all properties in Macao, including Sands Macao and The Venetian Macao. Sands China has also been observing monthly Earth Hour since 2013, contributing to significant environmental savings of 26 million kWh annually. Its sustainability efforts, part of the Sands ECO360 strategy, include notable achievements in renewable energy and emissions reduction, garnering multiple recognitions in 2021.

Positive
  • 26 million kWh of annualized energy savings since 2019.
  • 909,000 kWh energy saved in 2021 alone.
  • 99% LED lighting used across Sands China properties.
  • $1.95 million invested in energy-efficiency projects in 2021.
  • Recognized with multiple sustainability awards, including the Macao Green Hotel Gold Award for all properties.
Negative
  • None.

14 consecutive years of support

MACAO, March 27, 2022 /PRNewswire/ --  Sands China Ltd. observed Earth Hour 2022 at its properties Saturday, turning off exterior lights and non-essential indoor lights for one hour in support of the annual global event. It is the company's 14th straight year joining businesses and individuals around the world in the lights-off activity, with all Sands China properties taking part: Sands® Macao; The Venetian® Macao; The Plaza® Macao featuring Four Seasons; The Parisian Macao; and The Londoner® Macao, comprising The Londoner Hotel, Londoner Court, St. Regis, Conrad, and Sheraton.

Earth Hour was founded in 2007 with a goal of raising awareness of climate change by encouraging eco-conscious individuals, communities, households and businesses around the world to turn off their lights for one hour. 

Besides participating in Earth Hour, Sands China has been taking the initiative since 2013 to observe Earth Hour each month. The company's resorts turn off exterior lights, signage and marquees for one hour on the first Tuesday of each month, in an effort to maximise the positive environmental effects of the energy-saving movement.

Sean McCreery, senior vice president of resort operations for Sands China Ltd., said: "Sands China is very pleased to be supporting Earth Hour for 14 years running. Raising consciousness is a crucial first step in prompting people to take action against climate change, and Earth Hour remains one of the most visible global initiatives in that regard. Besides the very real effects of reducing energy consumption, Earth Hour, along with our properties' monthly observances, are an important reminder that all of us have a significant role to play in living and promoting an eco-friendly lifestyle and operating environmentally responsible businesses."

Since 2019, Sands China's varied sustainability measures have resulted in 26 Million kWh of annualized energy savings to date.

In 2021 alone, Sands China's environmentally responsible achievements included:

  • 275 gigajoules of renewable energy generated by solar thermal hybrid system
  • 909,000 kWh energy saved
  • More than 99% LED lighting used across Sands China's properties
  • US$1.95 million invested in energy-efficiency projects
  • 40,000 MWh International renewable energy certificates purchased
  • Over 4,000 eco-friendly actions
  • Absolute Scope 1 (direct) and Scope 2 (indirect) emissions decreased 32% compared to a 2018 baseline (including impacts from the pandemic)
  • Started installation of high-temperature heat pump at The Plaza Macao, replacing the need for liquid petroleum gas boilers
  • Enhancements to central control and management systems at The Venetian Macao, with improvements across all properties planned over the next few years; upgrades to unique systems that can be connected and pave the way for more advanced intelligence and automation
  • Teams members purchased LED lighting products and recycled light bulbs during two-week Energy Saving Roadshow in support of World Environment Day 2021

Sands China's awards and recognitions in 2021 included:

  • All hotels at Sands China properties hold a Macao Green Hotel Gold Award: Sands Macao, The Venetian Macao, The Parisian Macao, Four Seasons, Sheraton, Conrad, St. Regis, and The Londoner Macao
  • Listing in Dow Jones Sustainability Indices (DJSI) for DJSI Asia Pacific
  • Ranked 9th in 6th Hong Kong Business Sustainability Index (HKBSI)
  • Ranked 8th in 2nd Greater Bay Area Business Sustainability Index (GBABSI)
  • Ranked 17th in 1st Greater China Business Sustainability Index (GCBSI)
  • Ranked 9th in 1st Hotel Business Sustainability Index (Hotel BSI)
  • Listing in FTSE4Good Index Series

Sands China's environmental sustainability efforts are part of the Sands ECO360 global sustainability strategy of parent company Las Vegas Sands Corp. Sands ECO360 is designed to utilise measures like energy saving, resource recycling, conservation and community engagement in order to help minimise the company's environmental impact and lead the way in sustainable building development and resort operations. More information about the programme is available at https://www.sands.com/responsibility/planet/#our-program-sands-eco360.

About Sands China Ltd.
Sands China Ltd. (Sands China or the Company) is incorporated in the Cayman Islands with limited liability and is listed on The Stock Exchange of Hong Kong Limited (HKEx: 1928). Sands China is the largest operator of integrated resorts in Macao. The Company's integrated resorts on the Cotai Strip comprise The Venetian® Macao, The Plaza® Macao, The Parisian Macao and The Londoner® Macao. The Company also owns and operates Sands® Macao on the Macao peninsula. The Company's portfolio features a diversified mix of leisure and business attractions and transportation operations, including large meeting and convention facilities; a wide range of restaurants; shopping malls; world-class entertainment at the Cotai Arena, The Venetian Theatre, The Parisian Theatre, the Londoner Theatre and the Sands Theatre; and a high-speed Cotai Water Jet ferry service between Hong Kong and Macao. The Company's Cotai Strip portfolio has the goal of contributing to Macao's transformation into a world centre of tourism and leisure. Sands China is a subsidiary of global resort developer Las Vegas Sands Corp. (NYSE: LVS).

For more information, please visit www.sandschina.com.

Media contacts:
Corporate Communications, Venetian Macau Limited
Mabel Wu
Tel: +853 8118 2268
Email: mabel.wu@sands.com.mo 

Jesse Chiang
Tel: +853 8118 2054
Email: jesse.chiang@sands.com.mo

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/lights-off-at-sands-chinas-integrated-resorts-for-earth-hour-2022-301511293.html

SOURCE Sands China Ltd.

FAQ

What did Sands China do for Earth Hour 2022?

Sands China turned off exterior lights and non-essential indoor lights for one hour across all its properties in Macao.

How long has Sands China participated in Earth Hour?

Sands China has participated in Earth Hour for 14 consecutive years.

What are the energy savings achieved by Sands China?

Sands China has achieved 26 million kWh of annualized energy savings since 2019.

What sustainability strategy does Sands China follow?

Sands China follows the Sands ECO360 global sustainability strategy, focusing on energy saving and environmental responsibility.

What recognitions did Sands China earn in 2021?

In 2021, Sands China received multiple sustainability awards including listings in several key sustainability indices.

Las Vegas Sands Corp.

NYSE:LVS

LVS Rankings

LVS Latest News

LVS Stock Data

37.38B
337.82M
53.41%
47.22%
2.41%
Resorts & Casinos
Hotels & Motels
Link
United States of America
LAS VEGAS