The ESG report showed significant progress on the workforce development target and the need for a new community target
Developer and operator of casino resorts around the world, Las Vegas Sands (LVS), outlined what progress the business registered on its environmental, social and governance (ESG) objectives set out for the 2021-2025 period in its 2022 (ESG) report.
The 2022 ESG report tracks the progress on the ambitious goals LVS has set out for its performance by 2025, striving to reach certain targets based on three pillars – People, Communities and Planet.
“We set targets that push the company to achieve tangible results, and the work we have outlined toward these ambitions has put us on a solid track to reach our goals,” commented Katarina Tesarova, senior vice president and chief sustainability officer of LVS, pointing to a “full range of core priorities” under these three pillars “that have also produced significant impact” and are reflected in the report.
Money invested in People in 2022 supported core initiatives aimed at advancing team members and local talents such as the Sands Academy Team Member training and development program and the Sands China financial support, invitational matching, and training and development (F.I.T.) program for small and medium enterprises.
Developer and operator of casino resorts around the world, Las Vegas Sands (LVS), outlined what progress the business registered on its environmental, social and governance (ESG) objectives set out for the 2021-2025 period in its 2022 (ESG) report.
The 2022 ESG report tracks the progress on the ambitious goals LVS has set out for its performance by 2025, striving to reach certain targets based on three pillars – People, Communities and Planet.
“We set targets that push the company to achieve tangible results, and the work we have outlined toward these ambitions has put us on a solid track to reach our goals,” commented Katarina Tesarova, senior vice president and chief sustainability officer of LVS, pointing to a “full range of core priorities” under these three pillars “that have also produced significant impact” and are reflected in the report.
Workforce Development
Sands’ corporate responsibility program through 2025 seeks to invest $200 million in workforce development initiatives, and in 2022, the hospitality operator invested $56 million to reach a total of $113 million since the start of the program in 2021.Money invested in People in 2022 supported core initiatives aimed at advancing team members and local talents such as the Sands Academy Team Member training and development program and the Sands China financial support, invitational matching, and training and development (F.I.T.) program for small and medium enterprises.
