VICI Properties Inc. Releases 2023-2024 ESG Report

Rhea-AI Summary

VICI Properties, a leading experiential real estate investment trust, has released its 2023-2024 ESG Report, showcasing the company's progress in environmental, social, and governance initiatives over the past year. The report aligns with the SASB Real Estate Standard and TCFD reporting framework, while also demonstrating VICI's alignment with the UN Sustainable Development Goals.

CEO Ed Pitoniak emphasized VICI's focus on continuous improvement and growth, expressing pride in the company's ongoing sustainability efforts, advancements in community and employee impact, and commitment to responsible corporate governance. The comprehensive report is now available on VICI's website in the 'Corporate Responsibility' section, providing stakeholders with detailed insights into the company's ESG performance and strategies.

NEW YORK--(BUSINESS WIRE)-- VICI Properties Inc. (NYSE: VICI) (“VICI Properties”, “VICI” or the “Company”) an experiential real estate investment trust, today released its 2023-2024 Environmental Sustainability, Social Responsibility and Corporate Governance Report (“2023-2024 ESG Report”) highlighting VICI’s progress with respect to its environmental, social and governance initiatives over the past twelve months. VICI’s 2023-2024 ESG Report aligns with the Sustainability Accounting Standards Board (SASB) Real Estate Standard and the Task Force on Climate-related Financial Disclosures (TCFD) reporting framework and includes additional disclosure on VICI’s alignment with the UN Sustainable Development Goals (UN SDGs).

Ed Pitoniak, Chief Executive Officer of VICI Properties, said, “At VICI, we are focused on continuously improving as we grow. We are proud to present this year’s progress report on our ongoing sustainability efforts, advancements in community and employee impact, and commitment to responsible corporate governance.”

VICI’s 2023-2024 ESG Report is available on the Company’s website in the “Corporate Responsibility” section, or please visit https://viciproperties.com/corporate-responsibility/.

About VICI Properties

VICI Properties Inc. is an S&P 500® experiential real estate investment trust that owns one of the largest portfolios of market-leading gaming, hospitality and entertainment destinations, including Caesars Palace Las Vegas, MGM Grand and the Venetian Resort Las Vegas, three of the most iconic entertainment facilities on the Las Vegas Strip. VICI Properties owns 93 experiential assets across a geographically diverse portfolio consisting of 54 gaming properties and 39 other experiential properties across the United States and Canada. The portfolio is comprised of approximately 127 million square feet and features approximately 60,300 hotel rooms and over 500 restaurants, bars, nightclubs and sportsbooks. Its properties are occupied by industry-leading gaming, leisure and hospitality operators under long-term, triple-net lease agreements. VICI Properties has a growing array of real estate and financing partnerships with leading operators in other experiential sectors, including Bowlero, Cabot, Canyon Ranch, Chelsea Piers, Great Wolf Resorts, Homefield and Kalahari Resorts. VICI Properties also owns four championship golf courses and 33 acres of undeveloped and underdeveloped land adjacent to the Las Vegas Strip. VICI Properties’ goal is to create the highest quality and most productive experiential real estate portfolio through a strategy of partnering with the highest quality experiential place makers and operators. For additional information, please visit www.viciproperties.com.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the federal securities laws. You can identify these statements by our use of the words “assumes,” “believes,” “estimates,” “expects,” “guidance,” “intends,” “plans,” “projects,” “will,” and similar expressions that do not relate to historical matters. All statements other than statements of historical fact are forward-looking statements. You should exercise caution in interpreting and relying on forward-looking statements because they involve known and unknown risks, uncertainties, and other factors which are, in some cases, beyond VICI’s control and could materially affect actual results, performance, or achievements. Important risk factors that may affect VICI’s business, results of operations and financial position are detailed from time to time in VICI’s filings with the Securities and Exchange Commission. VICI does not undertake any obligation to update or revise any forward-looking statement, whether as a result of new information, future events, or otherwise, except as may be required by applicable law.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240908012177/en/

Investor Contacts:

Investors@viciproperties.com

(646) 949-4631

ESG@viciproperties.com

Or

David Kieske

EVP, Chief Financial Officer

DKieske@viciproperties.com

Moira McCloskey

SVP, Capital Markets

MMcCloskey@viciproperties.com

LinkedIn:

https://www.linkedin.com/company/vici-properties-inc

Source: VICI Properties Inc.

FAQ

What did VICI Properties release in its 2023-2024 ESG Report?

VICI Properties released its 2023-2024 Environmental Sustainability, Social Responsibility and Corporate Governance (ESG) Report, highlighting the company's progress in environmental, social, and governance initiatives over the past 12 months.

Which reporting standards does VICI's 2023-2024 ESG Report align with?

VICI's 2023-2024 ESG Report aligns with the Sustainability Accounting Standards Board (SASB) Real Estate Standard, the Task Force on Climate-related Financial Disclosures (TCFD) reporting framework, and includes additional disclosure on alignment with the UN Sustainable Development Goals (UN SDGs).

Where can investors find VICI Properties' 2023-2024 ESG Report?

Investors can find VICI Properties' 2023-2024 ESG Report on the company's website in the 'Corporate Responsibility' section or by visiting https://viciproperties.com/corporate-responsibility/.

What did VICI Properties' CEO Ed Pitoniak say about the 2023-2024 ESG Report?

Ed Pitoniak, CEO of VICI Properties, stated that the company is focused on continuous improvement as it grows and expressed pride in presenting the progress report on ongoing sustainability efforts, advancements in community and employee impact, and commitment to responsible corporate governance.