The Sands ECO360 journey - 2015 Sands ECO360 Report

Page created by Brent Marquez
 
CONTINUE READING
The Sands ECO360 journey - 2015 Sands ECO360 Report
The Sands ECO360 journey…
2015 Sands ECO360 Report
The Sands ECO360 journey - 2015 Sands ECO360 Report
The journey of                                                                                           Las Vegas Sands Corp. (LVS) is the pre-eminent developer
                                                                                                         and operator of world-class Integrated Resorts that

Las Vegas Sands Corp.                                                                                    feature luxury hotels; world-class gaming, retail,
                                                                                                         entertainment, convention, and exhibition facilities;
                                                                                                         celebrity chef restaurants; and many other amenities.

       Sands Expo® and                 The Venetian® Las Vegas                                      Sands® Macao                                 The Venetian® Macao
       Convention Center
                                       Location: Las Vegas, NV                                      Location: Macao (SAR), China                 Location: Macao (SAR), China
       Location: Las Vegas, NV         Year opened: 1999                                            Year opened: 2004                            Year opened: 2007
       Year opened: 1990               Employees: 8,500 (The Venetian |                             Employees: 4,000                             Employees: 10,400
       Employees: 100                  The Palazzo)                                                 Suites: 289                                  Suites: 2,905
       MICE1 space: 2.3 million2       Suites: 4,028                                                MICE1 space: 9,000 square feet               MICE1 space: 1.2 million
       square feet                     MICE1 space: 2.3 million2 square feet                        Environmental certifications:                square feet
       Environmental certifications:   Environmental certifications:                                Macao Green Hotel Silver                     Environmental certifications:
       LEED3 Gold® for Existing        TripAdvisor GreenLeaders GOLD,                               Award, 2012; Gold Award, 2015                Macao Green Hotel Gold Award,
       Buildings, 2010;                2013 & 2015;                                                    sandsmacao.com                            2011 & 2014;
       LEED3 Gold® for Building        APEX/ASTM4 Venue Level Two,                                                                               EarthCheck Bronze Benchmarked, 2014;
       Operations and                  2013 & 2015                                                                                               ISO 20121 Event Sustainability
       Maintenance, 2016;                 venetian.com                                                                                           Management Systems, 2014 & 2015
       APEX/ASTM4 Venue Level                                                                                                                       venetianmacao.com
       Two, 2013 & 2015
         sandsexpo.com                 1. Meetings, Incentives, Conferences, and Exhibitions.
                                       2. The Venetian, The Palazzo and Sands Expo combined.
                                       3.	The U.S. Green Building Council’s LEED® green building program is the pre-eminent program for the design, construction,
                                           maintenance and operations of high-performance green buildings. Learn more at usgbc.org/LEED.
The Sands ECO360 journey - 2015 Sands ECO360 Report
Starting with a single property in 1990, the reach of LVS now extends worldwide, from
Las Vegas to Macao, and from Bethlehem (USA) to Singapore. Our Integrated Resorts
have become premier destinations for travel enthusiasts around the world.

The Palazzo® Las Vegas             The Plaza Macao                   Sands® Bethlehem                             Marina Bay Sands®                                            Sands® Cotai Central
Location: Las Vegas, NV            Location: Macao (SAR), China      Location: Bethlehem, PA                      Location: Singapore                                          Location: Macao (SAR), China
Year opened: 2007                  Year opened: 2008                 Year opened: 2009                            Year opened: 2010                                            Year opened: 2012
Employees: 8,500 (The Venetian |   Employees: 1,800                  Employees: 2,400                             Employees: 9,500                                             Employees: 8,900
The Palazzo)                       Suites: 376                       Rooms: 302                                   Rooms and suites: 2,561                                      Suites: 6,261
Suites: 3,064                      MICE1 space: 25,000 square feet   MICE1 space: 29,000 square feet              MICE1 space: 1.2 million square feet                         MICE1 space: 550,000 square feet
MICE1 space: 2.3 million2            theplazamacao.com               Environmental certification:                 Environmental certifications:                                Environmental certification:
square feet                                                          4 Keys in Green Key Eco-Rating               Singapore BCA Green Mark Platinum, 2015;                     Macao Green Hotel Gold
Environmental certifications:                                        Program, 2013                                EarthCheck Silver certified, 2014;                           Award, 2013
LEED3 Silver® for New                                                  pasands.com                                                                                                sandscotaicentral.com
                                                                                                                  APEX/ASTM4 Venue Level One, 2013 & 2015;
Construction5, 2008;
                                                                                                                  ISO 20121 Event Sustainability Management
TripAdvisor GreenLeaders GOLD,
                                                                                                                  Systems, 2014 & 2015
2013 & 2015;
                                                                                                                     marinabaysands.com
APEX/ASTM4 Venue Level Two,
2013 & 2015
  palazzo.com
                                                                     4. 	APEX/ASTM – The meeting industry’s first set of standards for environmentally sustainable meetings, created through a partnership between the
                                                                          Accepted Practices Exchange and American Society for Testing and Materials.
                                                                     5. The gaming floor is not part of the LEED certification.
The Sands ECO360 journey - 2015 Sands ECO360 Report
…to a more
sustainable future
Our responsibility to the planet is as important to us as our
commitment to the comfort and well-being of our guests and
Team Members. The Sands ECO360 Global Sustainability strategy is
designed to help minimize our environmental impact, and it reflects
our vision to lead the way in sustainable building development and
resort operations.

Driven by an aspirational idea, made possible through the dedication
and hard work of our Team Members, we continue our journey to a
more sustainable future.
The Sands ECO360 journey - 2015 Sands ECO360 Report
Welcome from our Chairman                                                                                             Contents
On behalf of the entire executive team, I am pleased       also re-certify our resorts regularly to keep up with            About Las Vegas Sands Corp.
to share the 2015 Sands ECO360 Report. The past year       industry advancements.                                     01    Welcome from our Chairman
marked the achievement of a significant milestone                                                                     OVERVIEW
                                                           Another major highlight of the past five years was
– completion of Sands ECO360’s strategic five-year                                                                    02    Sands ECO360 strategy
                                                           introducing and building an industry-leading
plan. This report is a reflection of our journey.                                                                     03    Key issues and our stakeholders
                                                           Green Meetings Program. We have hosted many
While we started with baseline sustainability efforts in   world-class sustainable events, and the program            GREEN BUILDINGS
2007, we accelerated our strategy around four pillars      has evolved to meet the ever-changing needs of our         How we design and construct environmentally
of the current Sands ECO360 Global Sustainability          customers as we strive to become the number one            sustainable buildings.
program in 2011. We also set five-year goals for           host for green meetings in the world.                      05    Building renovation and new development
carbon emission and water consumption reductions,                                                                     06    Sustainability certifications
                                                          This dedication to sustainable business practices           07    New technologies and innovation
along with recycling (diversion) rate improvement.
                                                          has resulted in recognition from leading industry
The results of these efforts have been                                       authorities. Last year, Las Vegas        OPERATIONS
impressive, and we continue to strive                                        Sands Corp. was recognized in the        How we operate our buildings to maximize efficiency.
for high achievement on all fronts.                                          CDP’s A List and Climate Disclosure      09    Resource conservation
                                        Taking a moment to look back                                                  11    Waste management and recycling
We exceeded our carbon footprint                                             Leadership Index for management
target, reducing emissions by 8.1%
                                        helps  us imagine opportunities      and measurement of greenhouse
                                                                                                                      11    Sustainable products and materials

in existing resorts and by 19.6% in     that lie ahead.                      emissions. Our company was also          STRATEGIC JOURNEY TO 2015
newer properties. We also completed                                          listed in the Dow Jones Sustainability   12    Sands ECO360: our achievements at a glance
more than 300 energy efficiency projects globally and Indices (DJSI) for our industry-leading corporate
                                                                                                                      GREEN MEETINGS
reduced our electricity consumption by 247 million        sustainability efforts in North America.
                                                                                                                      How we integrate sustainability into our meetings
kWh since 2010. Finally, we improved our diversion rate                                                               and conventions.
                                                          None of these accomplishments would be possible
by 11.5% and 12.2% at our existing buildings and newly                                                                15    The Sands ECO360 Meetings Program
                                                          without the active participation of our Team Members.
opened properties, respectively, meeting our target.                                                                  16    The journey of our signature events
                                                          As we look down the road to the next five years, we will
Yet, we still have more work to do. After experiencing
                                                          deliver even greater results working together across        ENGAGEMENT
challenges in reducing water consumption, our
                                                          our properties to share sustainable best practices and      How we educate our stakeholders and give back
progress has been slower than expected and we
                                                          drive toward the high standards for                         to the community.
remain dedicated to achieving the goals we set.
                                                          environmental responsibility we                             19    Team Member education
Since 2011, we also opened several new properties         set as a company.                                           20    Community outreach
incorporating our most advanced internal green                                                                        21    External communication
                                                          Thank you for your interest
building standards, with each new development                                                                         PERFORMANCE
                                                          in the Sands ECO360
surpassing the previous one in efficiency. Once in                                                                    22    Environmental performance
                                                          sustainability journey.
operation, each property has remained focused on
conservation of natural resources.                        Sheldon G. Adelson,                                         24    Thanks to our Team Members
                                                           Chairman of the Board
Transparency and accountability remain our primary         and Chief Executive
objectives. Of our nine properties worldwide, eight        Officer and Treasurer,
hold at least one environmental certification. We          Las Vegas Sands Corp.
                                       Las Vegas Sands Corp. 2015 Sands ECO360 Report                                                                                        1
The Sands ECO360 journey - 2015 Sands ECO360 Report
OVERVIEW                   GREEN BUILDINGS                  OPERATIONS                  GREEN MEETINGS                                  ENGAGEMENT                                                 PERFORMANCE

Sands ECO360 strategy
The Sands ECO360 Global Sustainability program reflects our vision to become a leader in sustainable development and resort operations.
We developed Sands ECO360 around the four pillars below by identifying areas with the greatest environmental impact and opportunity.

Governance and integration                                                                                                                       Envi
                                                                                                                                                     ron
In developing a comprehensive strategy, we assessed our                                                                                                 me
                                                                                                                                                          nt
operations and evaluated where we have the greatest                                             gs                                                          all
                                                                                              in                                                               y
environmental impact and opportunity. We continually                                     li d                                                                                       re
                                                                                       u                                      nt
                                                                                                                         pme

                                                                                                                                                                                         sp
monitor and measure our environmental footprint to develop

                                                                                  b
                                                                                                                   velo                               Res

                                                                                   n

                                                                                                                                                                                            on
                                                                                                                  e

                                                                                 ee
challenging yet attainable objectives and targets. Education                                                    d                          Wast           ou
                                                                                                             w

                                                                                                                                                                                              sib
                                                                                                           ne             ns                    em          rce

                                                                               Gr
                                                                                                        nd          atio                             an         c
and outreach span all areas of our strategy; we seek to engage                                                   fic                   Sustai           ag

                                                                                                                                                                                                 le
                                                                                                                                  n
                                                                                                              rti            vatio           nab          em
                                                                                                                         nno

                                                                                                                                                        on
                                                                                                            ce

                                                                                                            a
                                                                                                                                                le p

                                                                                                                                                                                                    op
                                                                                                                        i

                                                                                               tain tion
each stakeholder group on a regular basis.

                                                                                                                                                          se
                                                                                                                     nd                             ro

                                                                                                                                                            rva
                                                                                                                                                             en
                                                                                                                                                       d

                                                                                                          y

                                                                                                                                                                                                       era
                                                                                                                  sa

                                                                                                      ilit
                                                                                                        a

                                                                                                                                                               t
                                                                                                     ov

                                                                                                                                                                tio
                                                                                                    ab

                                                                                                                                                                 an
                                                                                                                                                                  uc
                                                                                                   ie
Our strategy is integrated across the entire business and given

                                                                                                 ren

                                                                                                                                                                                                          tion
                                                                                                                                                                   n
                                                                                                                                                                    dr
                                                                                                log

                                                                                                                                                                    ts
                                                                                                                                                                       an

                                                                                                                                                                       e
                                                                                             no
                                                                                            ing
prominence at the highest levels of governance. The President

                                                                                           Sus

                                                                                                                                                                        c
                                                                                                                                                                         dm

                                                                                                                                                                          yclin
                                                                                         ech

                                                                                                                                                                                                              s
                                                                                      Build
and Chief Operating Officer has overall responsibility for

                                                                                                                                                                              ateri
                                                                                    New t

                                                                                                                                                                               g
Sands ECO360. The Senior Vice President, Chief Procurement

                                                                                                                                                                                   als
and Sustainability Officer leads the Global Sustainability
Department, which develops and implements the strategy.

                                                                                       Stand

                                                                                          H ig
Property sustainability departments execute the sustainability

                                                                                                                                                                                  n
                                                                                                                                                                             atio
                                                                                              ard

                                                                                               h-p
strategy and identify future opportunities. Established

                                                                                                                                                                            n
                                                                                                                                                                          uc

                                                                                                                                                                        tio
                                                                                                  Sus

                                                                                                  res

                                                                                                   er f

                                                                                                                                                                       ed

                                                                                                                                                                     ica
Green Teams champion sustainability programs in various
                                                                                                       or
                                                                                                        po
                                                                                                        tai

                                                                                                                                                                    ch
                                                                                                                 an

                                                                                                                                                        er
                                                                                                                                                         b

                                                                                                          m

                                                                                                                                                                  un
                                                                                                                     ce                                m
                                                                                                           ns
                                                                                                           na

                                                                                                                                                                rea
departments such as Facilities, Hotel Operations, Food and                                                 em                                      Me

                                                                                                                                                               m
                                                                                                                        fac
                                                                                                             ib
                                                                                                                                                             om
                                                                                                              ble

                                                                                                                                                                                                   nt
                                                                                                                                                              ut
                                                                                                                            ility                m
                                                                                                               l
                                                                                                       ee      ee                            Tea           lc

                                                                                                                                                           yo
Beverage, Casino Operations, Purchasing, Sales, Convention                                                                                              na        it
                                                                                                                  m

                                                                                                                  t

                                                                                                                                                                                                me
                                                                                                         tin        ing                               r
                                                                                                             go          pra                      Ext
                                                                                                                                                     e          un
                                                                                                                                                              m
                                                                               Gr

and Catering Services, and Human Resources.                                                                                   ctices

                                                                                                                                                                                             ge
                                                                                                                pti                                         m
                                                                                                                   ons                                  Co
                                                                                ee

                                                                                                                                                                                          ga
                                                                                  n

                                                                                       ee

                                                                                                                                                                                    en
                                                                                                                                                                                      er
                                                                                    m

                                                                                            tin                                                                                  d
                                                                                                  gs                                                                          ol
                                                                                                                                                                  k      eh
                                                                                                                                                              Sta

                                                                                                                                          Las Vegas Sands Corp. 2015 Sands ECO360 Report                               2
The Sands ECO360 journey - 2015 Sands ECO360 Report
OVERVIEW                      GREEN BUILDINGS                     OPERATIONS                           GREEN MEETINGS                       ENGAGEMENT                                 PERFORMANCE

Key issues and our stakeholders                                                                                                                          Air       Sustainable
                                                                                                                                                                                 Regulation
                                                                                                                                                                                  and gov’t       Guest         Local
                                                                                                                      Energy    Water      Waste       quality      sourcing      relations    satisfaction   community

Our key issues                                                                        Renovation and development

                                                           Green buildings            Certifications
Our strategy is based on the
                                                                                      Innovation
environmental issues identified as
being of most importance to our                            Environmentally
                                                                                      Resource conservation

business, stakeholders and society.                        responsible                Waste management
We monitor and evaluate issues                             operations                 Products and materials
pertaining to our Sands ECO360
                                                                                      Facility
strategy through regular interaction
with internal and external                                 Green meetings             Standard practices

stakeholders across our                                                               Sustainable options

business globally.                                                                    Team Members

                                                           Stakeholder engagement     External communication

We assess materiality through:                                                        Community engagement

•	the stakeholder engagement
   efforts undertaken during the
   ISO 20121 certification process            Our stakeholders
   at our properties in Singapore             We prioritize our engagement with the following key stakeholders who are most interested and/or affected by our business.
   and Macao
                                                Team Members                          Investors                                Clients and guests                            Government agencies
•	the reputation research                      Across the world, we employ           Our investors understand                 As more clients and guests expect             We collaborate with government
   conducted by the corporate team              over 51,000 Team Members;             sustainability drives efficiency;        strong environmental credentials              agencies to develop and
   among our Team Members and                   they contribute to our                they increasingly value the              and services, Sands ECO360                    implement environmental
                                                sustainability strategy and help      corporation’s environmental and          enables us to attract and retain              policy.
   community leaders                                                                  social responsibility.                   these clients.
                                                deliver it every day.
•	workshops and sessions held by
   sustainability teams to review
                                                Non-governmental                      Communities                              Suppliers                                     Academic institutions
   key issues and update the
                                                organizations (NGOs)                  They are home to our properties          We continually partner with                   We exchange knowledge,
   Sands ECO360 strategy                                                              and our Team Members. Each               our suppliers by embedding                    participate in and fund research
                                                Sharing best practices and
                                                building strong relationships         of our destinations has different        sustainability into our                       projects, and provide learning
•	secondary research on current and                                                  community needs and we work              procurement process.                          opportunities to students.
                                                with environmental NGOs
   emerging issues from academic                inspires us and drives                with local groups to make their
   institutions, industry associations,         our innovation.                       area a better place to live.
   peers, and partners.

                                                                                                                                            Las Vegas Sands Corp. 2015 Sands ECO360 Report                                3
The Sands ECO360 journey - 2015 Sands ECO360 Report
OVERVIEW                      GREEN BUILDINGS            OPERATIONS   GREEN MEETINGS      ENGAGEMENT                      PERFORMANCE

The Sands ECO360 journey to…
green buildings
Building                      Sustainability         New technologies
renovation and                certifications         and innovation
new development               Page 6                 Page 7
Page 5

                                                                                                                                   2015
                                                                                                                               highlights
                                                                                                                                          Green Mark

                                                                                                                                  Platinum
                                                                                                                                     certification of
                                                                                                                                   Marina Bay Sands

                                                                                                                                       GreenLeaders

                                                                                                                                         Award
                                                                                                                                    for The Venetian
                                                                                                                                    Las Vegas’ 3,000-
                                                                                                                                    suite renovation

                                                                                                                            Micro-wind
                                                                                                                                   turbines powered
                                                                                                                                    by sun and wind
                                                                                                                                     at Sands Macao

Marina Bay Sands, Singapore                                                                     Las Vegas Sands Corp. 2015 Sands ECO360 Report          4
The Sands ECO360 journey - 2015 Sands ECO360 Report
OVERVIEW                   GREEN BUILDINGS                         OPERATIONS                      GREEN MEETINGS                 ENGAGEMENT                      PERFORMANCE

                                  Our journey of sustainable development...                                   Our iconic properties are architectural masterpieces and many
                                  2007                                                                        of them are also examples of functional sustainable design. As
                                  The Palazzo Las Vegas was our first green building constructed              a developer of Integrated Resorts, we have the opportunity
                                  according to the LEED rating system.                                        to influence design and construction decisions to build high-
                                                                                                              performance green buildings.
                                  2009
                                  Built on the 126-acre former Bethlehem Steel plant,
                                  Sands Bethlehem is the largest remediated brownfield site
                                  in the United States. This project demonstrated our commitment
                                                                                                              Building renovation and new development
                                  to preservation.                                                            Designing efficient buildings provides the foundation for natural
                                                                                                              resource conservation during years of operation. Our green buildings
                                                      2010
                                                                                                              journey started with the construction of The Palazzo Las Vegas in
                                                      Marina Bay Sands in Singapore was designed and
                                                      built using the Singapore Building Construction         2007, when we successfully achieved LEED Silver® level certification.
                                                      Authority Green Mark Standard, with sustainable         As we expanded into new markets, we identified and adopted
Our Integrated Resort business                        features such as a rainwater harvest system             regional standards (such as Green Mark in Singapore) to address
model offers an array of luxury                       and wind-activated art that reduces solar
                                                      heat transfer.
                                                                                                              local environmental concerns. Based on the LEED system and our
amenities under one roof to deliver                                                                           best practices, we then created our Global Sustainable Development
the ultimate guest experience.                        2012                                                    Standards for new development and renovation projects. We have
As we bring this vision into new                      Sands Cotai Central was our first property in           continued to advance these guidelines over the years in line with
destinations, we do it with the                       Macao to introduce sustainability features such         industry trends to raise the bar for every new property.
utmost respect for our hosting                        as recycling and more efficient LED lighting into
                                                      the development process.
communities. We consider the
overall economic, social and                          2013
environmental impact of our                           The Global Sustainable Development Standards
developments and operations,                          were created for new development and
                                                      renovation projects.
and incorporate our robust
sustainability standards into every                   2014
aspect of our signature resorts.                      With our rapid expansion in Macao, we
                                                      relocated a green building expert to oversee
Robert Goldstein,                                     the implementation of our Sustainable
                                                                                                              The Palazzo Las Vegas            The Parisian Macao
President and Chief                                   Development Standards.
Operating Officer
                                                      2015
                                                      •	After successfully deploying the standards in
                                                                                                                 What’s next?
                                                        new development projects, we applied them                The Parisian Macao, due to open in 2016, will be our first
                                                        to upgrading our existing buildings.                     project in Macao to pursue LEED certification and our most
                                                      •	We opened The St. Regis Macao, our first                sustainable property to date.
                                                        property with all LED lighting.

                                                                                                                                      Las Vegas Sands Corp. 2015 Sands ECO360 Report   5
The Sands ECO360 journey - 2015 Sands ECO360 Report
OVERVIEW                      GREEN BUILDINGS                               OPERATIONS               GREEN MEETINGS                ENGAGEMENT                          PERFORMANCE

Sustainability certifications
Third-party certifications validate our environmental record and
achievements. Our goal is to have at least one green building
                                                                                           2013
certification for each property. We also keep pace with industry                                                             2015
developments through re-certifications. Since 2008, we have                                Macao Green Hotel
                                                                                                                             Singapore Building                     Macao Green Hotel
received 20 green building certifications and awards at our                                Gold Award
                                                                                                                             Construction Authority                 Gold Award
eight global properties.                                                                   Sands Cotai Central in Macao
                                                                                                                             Green Mark Platinum                    Sands Macao
                                                                                           EarthCheck Bronze                 Marina Bay Sands
                                                                                                                                                                    TripAdvisor GreenLeaders
                                                                                           Benchmarked
                                                                                                                                                                    Gold Certification
                                                     2011                                  Marina Bay Sands                  LEED Gold® for Building
                                                                                                                                                                    The Venetian and
        2008                                                                                                                 Operations and
                                                                                                                             Maintenance1                           The Palazzo Las Vegas
                                                     Water Efficient Building              TripAdvisor GreenLeaders
        US Department of Energy’s                    Certification from the                Gold Certification                Sands Expo and the
        Energy Innovator Award                       Public Utilities Board                The Venetian and The Palazzo      Congress Center at The
        The Palazzo Las Vegas                        Marina Bay Sands                      Las Vegas                         Venetian and The Palazzo
                                                                                                                             Las Vegas
        LEED Silver® Certification                   Macao Green Hotel                     Green Key Eco-Rating
        for New Construction                         Gold Award                            Certification, 4 Keys
        The Palazzo Las Vegas                        The Venetian Macao                    Sands Bethlehem

                 LEED Gold® for                         Singapore Building                                    EarthCheck
              Existing Buildings                     Construction Authority                           Silver Certification
         The Venetian Las Vegas                           Green Mark Gold                              Marina Bay Sands
           and Sands Expo and                             Marina Bay Sands
                                                                                                                                                      2010

             Convention Center                                                                             Macao Green
                                                           Macao Green Hotel                           Hotel Gold Award
                        2010                                    Silver Award                         The Venetian Macao
                                                                Sands Macao
                                                                                                      EarthCheck Bronze
                                                                                                                                                             2008

                                                                           2012                            Benchmarked
                                                                                                     The Venetian Macao

                        1.	We officially received the certification in 2016 but the
                            majority of the certification work was conducted in 2015.
                                                                                                                2014
                                                                                                                                      Las Vegas Sands Corp. 2015 Sands ECO360 Report           6
OVERVIEW                   GREEN BUILDINGS                 OPERATIONS                    GREEN MEETINGS                 ENGAGEMENT                      PERFORMANCE

New technologies and innovation
We look for innovative technologies to further reduce our environmental footprint. We first pilot the measures at a smaller scale to ensure they
meet our requirements for performance and return on investment. If proved technologically and financially viable, they are deployed globally.

Renewable energy                                                                                                        Food waste
We are the first resort on the Las
Vegas Strip adopting on-site
                                                                                         1,665 tons                     In Macao, Singapore and Bethlehem, food waste is fed
                                                                                                                        into machines that turn it into grey water which can be
renewable energy technologies.                                                           of food waste has              safely discharged down the drain. Since the machines
We installed 680 solar photovoltaic                                                      been converted                 were installed, 1,665 tons of food waste has been
panels on top of the Team Member                                                         into grey water by             diverted from the landfills.
parking garage, which generates                                                          digesting machines
116 kW(DC) of electricity. At The                                                        in Macao, Singapore
Palazzo we have one of the largest                                                       and Bethlehem
rooftop solar-thermal systems in                                                         since 2014
the United States to provide hot
water for swimming pools, spas,
and a portion of the hotel tower.
Sands Macao added pole-mounted
lights with micro-wind turbines,
which harness energy from both
the wind and the sun.

                                                          Non-potable water sources
                         116 kW(DC)                       Designed as a lotus flower, the roof of the ArtScience
                                                          Museum at Marina Bay Sands collects rain water, which
                         of electricity generated by      is filtered and used for restroom facilities. In Las Vegas,
                         the 680 solar photovoltaic       the nano-filtration system at The Palazzo saves 12 million
                         panels on top of the Team        gallons of potable water each year, keeping the property
                         Member parking garage            off the municipal water grid for irrigation purposes.
                         in Las Vegas

                                                                                                                            Las Vegas Sands Corp. 2015 Sands ECO360 Report        7
OVERVIEW                  GREEN BUILDINGS          OPERATIONS        GREEN MEETINGS      ENGAGEMENT                      PERFORMANCE

 The Sands ECO360 journey to…
                                                                                                                                     2015
 environmentally responsible                                                                                                     highlights
 operations                                    Resource
                                               conservation
                                                                Waste
                                                                management
                                                                                Sustainable
                                                                                products
                                                                                                                                 55 million
                                                                                                                              kWh of electricity saved
                                               Pages 9–10       and recycling   and materials
                                                                Page 11         Page 11

                                                                                                                                                  400
                                                                                                                                  slot machines being
                                                                                                                                     converted to LED
                                                                                                                                      lighting at Sands
                                                                                                                                            Bethlehem

                                                                                                                             19.7 million
                                                                                                                               square feet of building
                                                                                                                                participating in Better
                                                                                                                                   Building Challenge

The Venetian Las Vegas Hotel Suite                                                               Las Vegas Sands Corp. 2015 Sands ECO360 Report           8
OVERVIEW                   GREEN BUILDINGS                   OPERATIONS                     GREEN MEETINGS                  ENGAGEMENT                       PERFORMANCE

                                                      Our journey of LED lighting…                     Resort operations account for most of our environmental
                                                        2011                                           impact. By implementing responsible practices and cutting-
Las Vegas Sands is a trailblazer in                      When LED was still a new concept              edge technologies, we can reduce our natural resource
environmentally responsible initiatives
                                                         in the market, we set up our own              consumption and improve the experience of our guests
                                                          lighting lab and started evaluating
that have a positive impact on both the                    the technology.                             and Team Members.
environment and the guest experience.
                                                           2012
The company has been at the forefront
                                                           After testing thousands of LED
                                                                                                       Resource conservation
of LED adoption, working with our teams
                                                           light bulbs, we became a topic              Our safeguarding of natural resources, such as energy and water, is the
to innovate solutions that dramatically                    expert and standardized global
reduce energy costs while enhancing                       implementation based on our own              cornerstone of our environmentally responsible operations. Years of
their environments. We are proud                          life-cycle cost analysis tool.               conservation experience have enabled us to establish a robust energy
to work with Las Vegas Sands on                                                                        management process, through which we set annual reduction goals for
                                                         2013                                          our properties based on five-year emissions targets. The sustainability and
sustainability programs that always                    We partnered with General Electric to
leave measured impact and                                                                              facilities teams research new ideas and test available technologies to identify
                                                      develop a new LED lamp specifically for
are viewed as best practices                         our meetings and conventions space.               conservation opportunities, subsequently managing their implementation
across industries.                                                                                     and evaluating performance. Our teams have completed more than 300
                                                    2015                                               projects worldwide since 2010, resulting in annual electricity savings of
Jaime Irick, Chief Commercial                    The St. Regis and The Parisian were designed to       247 million kWh – more than enough to power The Venetian, The Palazzo
Officer, Current, powered by GE                 be our first properties with 100% LED lighting.
                                                                                                       and Sands Expo in Las Vegas combined.
                                                                                                       We operate large and complex buildings, some with up to 60,000
                                                                                                       management control data points. Our work has evolved from simple
                                                                                                       technology deployment (such as lighting retrofits) to more sophisticated
                                                                                                       process and system improvements, such as building re-commissioning,
                                                                                                       air side optimization and chiller plant optimization. Our new electronic
                                                                                                       dashboard stores and analyzes utility consumption and emissions data
                                                                                                       to better understand our performance. We also developed a project
                                              Achievements                                             management system to more effectively execute the reduction efforts.
                                              We have replaced more
                                              than 550,000 inefficient light
                                              bulbs with LEDs globally since
                                              2011, achieving                                             What’s next?
                                                                                                          The Parisian Macao’s Eiffel Tower will be equipped with 6,700
                                              90 million kWh                                              LED bulbs which use 50% less energy compared to incandescent
                                              of energy savings.                                          and xenon lights that would have normally been installed.

                                                                                                                                Las Vegas Sands Corp. 2015 Sands ECO360 Report           9
OVERVIEW                    GREEN BUILDINGS                     OPERATIONS                GREEN MEETINGS                   ENGAGEMENT                         PERFORMANCE

Resource conservation
Building commissioning
Even with the most efficient designs,
buildings do not always function
as intended when they first open.
Furthermore, equipment and systems
tend to lose efficiency over time. The        LAS VEGAS                    MARINA BAY              SANDS CHINA                  BETHLEHEM                     THE ST. REGIS &
commissioning process is designed to                                       SANDS                   LTD.                                                       THE PARISIAN
find and correct deficiencies, and adjust     •	First commissioned        •	Re-commissioned      •	Almost 24 million         •	Commissioning              •	New building
systems to optimize performance.                 in 2007 and re-              in 2013                 square feet of               is currently                  commissioning
The process also helps to identify               commissioned in           •	Eight facility          conditioned space            underway to fine              conducted to
improvement measures and projects                2011, 2012, 2013             improvement             was commissioned             tune the building             ensure the
                                                 and 2015                     measures were        •	Piloted automated            performance                   properties are
that can further reduce energy
                                              •	More than 3,000              implemented             fault-detection           •	Sub-meters will be            operated as
consumption. We first went through                                                                                                                               designed from
                                                 pieces of equipment                                  technology                   added as part of
commissioning during the construction            have been                                                                         the commissioning             day one
of The Palazzo Las Vegas in 2007 and             commissioned                                                                      outcome
have since expanded the practice to              in total
our other properties.

Water conservation
                                               Highlights
Our water conservation efforts have
                                                           Water Hero Award received                  Wind detection system at                         Educational roadshow
focused on fixture upgrades and
                                                           by Las Vegas properties for                Sands Macao external water                       in Macao provides Team
plumbing system maintenance, as well                       saving more than 10 million                feature prevents water waste
                                                                                                                                          SALE
                                                                                                                                                       Members with water-saving
as replacing potable water with non-                10m    gallons of water in 2014.                  during windy conditions.                         tips, and offers discounted
potable water sources where feasible.                                                                                                                  showerheads and aerators.

Starting in 2013, we performed                             Water control measures                     Replacing liquid soap                            Switching to NEWater
                                                           save The Venetian Macao                    with foam soap saves an                          (high-grade reclaimed water)
comprehensive water audits and
                                                           90 million gallons of water                estimated 1.7 million gallons                    for car washing and irrigation
developed three-year reduction plans.                      per year.                                  of water in Las Vegas.                           saves potable water at Marina
More than 20 conservation initiatives                                                                                                                  Bay Sands.
have been implemented to date, with
savings of more than 200 million gallons.

                                                                                                                              Las Vegas Sands Corp. 2015 Sands ECO360 Report            10
OVERVIEW                     GREEN BUILDINGS                      OPERATIONS                 GREEN MEETINGS                      ENGAGEMENT                      PERFORMANCE

Waste management and recycling                                                                                                          Sustainable products
We have taken a holistic approach to waste management through developing solutions suitable to our regional operations.                 and materials
                                                                                                                                        We execute our sustainable procurement
                                                2                  3                                                                    strategy at both product and company levels.
                                                        RATION                                                                          For products, we have established sustainable
                                                     OPE
                                                                                                                                        requirements for 11 major categories such as
                                                                                                                                        office suppliers, light bulbs, cleaning products,
         INPUT    1                                 An ECO360                         7   8    9   10     OUTPUT
                                                                                                                                        and building materials. We measure our
                                                     Approach                                                                           purchases and set improvement goals. At a
                                         6                               4                                                              company level, we collaborate with suppliers to
                                                                                                                                        learn from their expertise and find sustainable
                                                                                                                                        product solutions. In 2015, we held a supplier
                                                         5                                                                              roundtable in Las Vegas to identify new ways to
                                                                                                                                        increase our sustainable food purchases. One
                                                                                                                                        idea suggested was the use of “imperfectly
Input                          Operation                                              Output                                            delicious produce” – flavorful but cosmetically
 1    inimization: we
     M                          2 	Upstream sorting: 100 recycling centers           7   Recycling: we strive to recycle as          imperfect fruits and vegetables, which are
     reduced our paper use           have been strategically placed throughout              many commodities as we can. In Las          unsuitable for store displays but entirely
     by removing phone               our Macao properties.                                  Vegas, we operate an on-site sorting        acceptable for cooking. We also recognize our
     books, using electronic    3 	Audit & dock efficiency: we conduct                    facility, while we work with suppliers      vendors with the Sands Supplier Excellence
     documents and signage,                                                                 to maximize off-site sorting in Asia.
                                     waste audits to identify potential                                                                 Awards. “Corporate Culture and Sustainability”
     and implementing                opportunities to improve dock efficiency         8    onation: we donate products of
                                                                                          D
     paperless checkout.
                                                                                                                                        is one of the seven award categories presented
                                     and the entire waste management process.             value to organizations in need. In Las        to companies with strong environmental
                                4    Team Member education: we host annual              Vegas, we launched a prepared food
                                                                                          donation program for unused meals
                                                                                                                                        leadership, vision, and strategy.
                                       engagement events (such as the Sands
                                       Recycles holiday collection drive).                from catered events.

                                5    Food waste reduction: to prevent food
                                                                                      9    euse: we partner with non-profit
                                                                                          R
                                       waste, we encourage Team Members to                organizations to repurpose worn hotel
                                       take only what they can eat and adjust             linen into cleaning cloths. This gives
                                       banquet food preparation according to the          vocational training and employment
                                       most up-to-date attendee counts. We also           to individuals in our community.
                                       stopped buffet serving for internal events.        Food waste: our Las Vegas properties
                                                                                      10 	
                                6    Incentive program: in Las Vegas, we                send their food waste to a local pig
                                       offer a profit-sharing program to motivate         farm for feedstock. Our properties in
                                       recycling dock employees to increase the           Macao, Singapore and Bethlehem
                                       diversion rate.                                    utilize digesters to process leftover
                                                                                          food into grey water.

                                                                                                                                     Las Vegas Sands Corp. 2015 Sands ECO360 Report         11
Strategic journey to 2015                                                                                                         Saved
                                                                                                                                               2012
                                                                                                                                               Measured and verified
Sands ECO360: our achievements at a glance                                                           32.5 million kWh                          our carbon inventory,
                                                                                                                                               and conducted first
                                                                                                                        from efficiency
From the establishment of the Sands ECO360 program, we have worked to put                                             projects globally.       CDP
sustainability at the heart of everything we do. We have not only built better and                       Released 2011 Sands ECO360
                                                                                                                                               Climate Change response.
greener buildings, but also raised the standards for the resorts we already operate.                       Report (first environmental         Launched the first Sands
                                                                                                         report by a gaming company            Sustainable Procurement
                                                                                                                        verified by GRI).      Policy.
  2007                                                                                                      Upgraded Sands ECO360              Began publication of the Sands
                                                                                                            Green Meetings Program.            ECO360 Quarterly Newsletter.
  Integrated

  LEED                                                                                                                                         Newsweek ranking
                                                                                                                                               jumped to
  Green Building standards
  into the development of                                                                                                                      #128
  The Palazzo Las Vegas.                                                                                                                       from #238 in the U.S.

                                               Initiated energy reduction
                                                                                   Revised the Sands ECO360
                                                                                                                     Clean the World
                                               efforts in Las Vegas to improve                                       amenities recycling partnership
                                                                                     strategy to focus on four
                                               operational efficiency and                                            launched in Las Vegas.
                                 Launched                                              pillars, and developed
                                               achieved LEED Gold® for
                                                                                    Sands ECO360 Roadmap             Started energy reduction efforts at
                               Sands           Existing Buildings certification
                                               for The Venetian and Sands
                                                                                  and reporting systems (ECO         Marina Bay Sands, Singapore and
                             ECO360            Expo in Las Vegas (the largest
                                                                                     Tracker and Action Plan).       Sands China Ltd., Macao.
                       Global Sustainability   hotel in the world to receive                       Set 5-year        Launched Sands ECO360 Green
                                  program.     this certification).                       sustainability goals.      Meetings Program.

                                               2010                                                                 2011
                                                                                                                      Las Vegas Sands Corp. 2015 Sands ECO360 Report      12
Resource conservation and recycling have been integrated into our daily work.
Sands ECO360 has allowed us to offer better sustainable meeting services, and
enabled us to contribute more to the communities around us. With our strategy
as our compass, we have made real progress on a global scale.

      2013                                                               2014
      Launched the
                                                               Saved     Implemented an energy
      Sands ECO360 Sustainable
      Development Standards.                112.5 million                dashboard to streamline
                                                                         energy tracking, reporting
      Saved                                  kWh through efficiency      and management.
                                                  projects globally.
      47.3 million                          Integrated sustainability
                                                                         Newsweek
                                                                         Green Rankings –
      kWh through efficiency                 into new developments:
      projects globally.                The St. Regis and The Parisian   18th                                                       Saved
      Sponsored Clean the World to
      set up a recycling facility for
                                                            in Macao.    in the U.S. and
                                                                         28th globally.                                             54.9 million
                                                                                                                                    kWh through global
      Macao and Hong Kong.                                                                                                          efficiency projects.
      Achieved CDP Climate Disclosure                                                                                               Updated green meeting
      Leadership Index (CDLI).                                                                                                      strategy to focus on added
                                                                                                                                    value to our clients.
                                                                                                              Incorporated
                                                                                                              sustainability        99A
                                                                                                          into remodel and          ranking in CDP, achieved both
                                                                                                       renovation projects.         disclosure (CDLI) and performance
                                                                                                                                    (Climate A List) leadership indices.
                                                                                                                 Developed

                                                                                                       3-year plan                       Dow Jones
                                                                                                                                    Listed on
                                                                                                       for water and energy
                                                                                                      conservation projects
                                                                                                                                    Sustainability Indices
                                                                                                                                    (DJSI) North America.
                                                                                                        at all properties and
                                                                                                       identified promising         Developed strategic
                                                                                                         new technologies.          plan for 2016–2020.

                                                                                                                                   2015
                                                                                                                 Las Vegas Sands Corp. 2015 Sands ECO360 Report      13
OVERVIEW                           GREEN BUILDINGS   OPERATIONS   GREEN MEETINGS      ENGAGEMENT                      PERFORMANCE

  The Sands ECO360 journey to…
  green meetings
   The Sands ECO360                   The journey of our
   Meetings Program                   signature events
   Page 15                            Pages 16–17

                                                                                                                                   2015
                                                                                                                               highlights
                                                                                                                                                163
                                                                                                                                     green meeting
                                                                                                                                  events held across
                                                                                                                                     our properties

                                                                                                                                        2,172
                                                                                                                                     pounds of trade
                                                                                                                                      show materials
                                                                                                                                       donated from
                                                                                                                                       IMEX America

The Ballroom at Sands Cotai Central                                                            Las Vegas Sands Corp. 2015 Sands ECO360 Report      14
OVERVIEW                  GREEN BUILDINGS                      OPERATIONS                           GREEN MEETINGS                 ENGAGEMENT                      PERFORMANCE

                                                                                                               Meetings and conventions are integral to the Las Vegas Sands
                                                                                                               business model. First established in 2011, the Sands ECO360
                                                                                                               Meetings Program was created to support forward-thinking
                                          The journey of our Green                                             clients in making their events more sustainable. Since then
                                          Meetings Program...                                                  the program has become our global standard. We have hosted
                                          2011                                                                 many high-profile sustainable events internationally, and
                                          • Launched Sands ECO360 Meetings Program in Las Vegas.               earned various world-class certifications and awards.
                                          2012
                                          •   Appointed dedicated Green Meeting Concierges.                    The Sands ECO360 Meetings Program
                                          •   Developed Sands ECO360 Impact Statement.
                                                                                                               Our program provides environmentally preferable options to meeting
                                          •   Created property-specific Planning Tools.
                                          •   Established volunteering programs for attendees.
                                                                                                               planners and clients. With three simple steps, we can help transform an
                                          •   Expanded Sands ECO360 meetings to properties in Asia.            event into a sustainable gathering at our Integrated Resorts.
Las Vegas Sands has come a                •   Trained 300 Team Members globally.
                                                                                                               Step1: Explore Green Meeting Venues – Our high-performance
long way since we started to                                                                                   buildings, most of which hold third-party environmental certifications,
                                          2013
work together in 2013. Their                                                                                   provide the foundation for our program. All meeting clients benefit
                                          APEX/ASTM Environmentally Sustainable
commitment and progress is                Meeting Standards Certification:                                     from our standard sustainable practices, seamlessly integrated into daily
exemplary, and now a global               • Las Vegas – Venue Level 2 (first in the world).                    operations at no additional cost.
reference in the meetings and             •	Marina Bay Sands in Singapore – Venue Level 1
events industry. When MCI                    (first outside of the U.S.).                                      Step 2: Meet Green Meeting Concierge – When planners like to go
chooses a Sands venue, we                                                                                      above and beyond, our designated Green Meeting Concierge can
                                          2014                                                                 customize their sustainable event.
have confidence that this is a
                                          •	Marina Bay Sands in Singapore and The Venetian Macao
responsible choice.                          achieved ISO 20121 Event Sustainability Management                Step 3: Select Sands ECO360 Meeting Options – We provide
Guy Bigwood, Group                           Systems Certification.                                            sustainable options to event organizers, offering ways to further reduce
                                          •	Sands China Ltd. received IMEX-GMIC Green Supplier Award.         environmental impacts and give back to the community.
Sustainability Director, MCI
                                          •	Hosted more than 100 sustainable events across our
                                             properties globally.

                                          2015
                                          •	Marina Bay Sands in Singapore received the IMEX-GMIC
                                             Green Supplier Award.                                                Achievements
                                          •	Sands Expo in Las Vegas established a surplus food donation
                                             program with Three Square Food Bank.                                 120,000+
                                          •	Held Sands ECO360 Meetings Program strategic                         surplus meals prepared for catered
                                             plan workshop to set the strategic direction for
                                             upcoming years.
                                                                                                                  events have been distributed to locals
                                                                                                                  who are fighting hunger in Las Vegas.

                                                                                                                                       Las Vegas Sands Corp. 2015 Sands ECO360 Report      15
OVERVIEW                      GREEN BUILDINGS                   OPERATIONS                GREEN MEETINGS                      ENGAGEMENT                       PERFORMANCE

The journey of our signature events
Shared values with IMEX America
The Venetian, The Palazzo and Sands Expo, Las Vegas
IMEX America is one of our most sustainable annual events, thanks to our shared strategic vision and disciplined execution since 2012. Together we challenge ourselves to achieve
better results and drive innovations, by implementing initiatives to reduce the event’s environmental footprint and encouraging attendees to give back to the local community.
We have focused on four important areas:

  Waste diversion                               Sustainable food                            Community engagement                             Health and wellness

  We have steadily improved                     Sourcing sustainable food                   We have acted as a liaison                       Health and wellness has become
  how waste is dealt with at                    is a challenge for us, and we               between IMEX and local charities,                a new focus of the event.
  IMEX America.                                 have worked closely with IMEX               and sponsored several initiatives.
                                                America to find solutions.

      2013                                            2012                                      2012                                             2015
                                                                                                                                                 IMEX launched “Be Well at IMEX
      More than doubled                               Local and regional                                   269                                   America” to help attendees feel
      the quantity of show materials                  food was sourced, including                          hygiene kits were built,              refreshed and revived throughout
      donated from 2012, and launched                 cookies from a charitable                            and 787 lb. of bar soap               the show. A guided meditation
      an upstream recycling program for               organization and fresh shrimp                        and 1,362 lb. of bottled              room created a quiet space to
      meeting rooms.                                  from a sustainable farm.                             amenities were sorted by              relax. Exhibitors on the show floor
                                                                                                           attendees as part of the              provided smoothies, juices, healthy
      2014                                            2013                                                 Clean the World program.              snacks, relaxing massages, and
                                                                                                                                                 healing foot balms.
      20%                                                      “Brain food”                     2013–2014
      reduction in total waste                                 (food that is healthier
                                                                                                                                    The IMEX journey with Sands has been an
      generated – the most                                     and more nutritious) was         “Healing garden”
      significant being 56%                                    incorporated into the                                                incredibly exciting one. Who knew five years
                                                                                                was created by IMEX volunteers
      reduction in food waste.                                 menu to help improve the         together with our horticulture      ago we would be able to achieve so much
                                                               focus and productivity of        team, for Shade Tree, a local       in a relatively short period of time. With
      2015                                                     meeting attendees.               women’s shelter.                    collaboration among IMEX, Sands and
      Program expanded to engage buyers                                                                                             our consultant MeetGreen, we
      and exhibitors in recycling efforts.            2015                                      2015
                                                      Launched “WaterWiseWednesday”
                                                                                                                                    advance the sustainability efforts
                                                                                                Sands Cares (our global corporate   of the event every year.
                                                      program offering alternative food
                                                                                                citizenship program) and IMEX
                                                      produced with less water.                                                     Dale Hudson,
                                                                                                explored bringing new Corporate
                                                                                                Social Responsibility (CSR)         Knowledge and Events Director,
                                                                                                programs to future events.          IMEX Group

                                                                                                                   Las Vegas Sands Corp. 2015 Sands ECO360 Report                      16
OVERVIEW                    GREEN BUILDINGS                 OPERATIONS             GREEN MEETINGS                    ENGAGEMENT                       PERFORMANCE

Responsible Business Forum                                                                 Macao ECO TrailHiker
Marina Bay Sands, Singapore                                                                The Venetian Macao, Macao (SAR), China
The Responsible Business Forum on Sustainable Development is an annual platform            Sands China Ltd. has supported the Macao TrailHiker since it was established in
for leaders and sustainability professionals to share their stories, engage with key       2010. TrailHiker aims to promote healthy lifestyles and build team spirit, while
stakeholders and agree on future actions. Marina Bay Sands in Singapore has hosted         exploring the greener side of Macao and learning about sustainability. Green
this high-profile event since 2013, working with the event organizers to plan their        initiatives have been incorporated into the event’s planning process since the
logistics and operations, and ensure that together we reduce the event‘s environmental     2013 launch of our Sands ECO360 Green Meetings Program in Macao.
impact and contribute to the local community.

                                                                                                                                78%
                                                        2013                                                                    return rate on a
                                                        Sands ECO360                                                            reusable badge
                                                        Green Meetings Program                                                  collection
                                                        standard practices were                                                 program launched
                                                        implemented, including waste                                            at the event.
                                                        recycling, hosting the Soap for
                                                        Hope CSR event, developing a
                                                        harvest vegetarian menu with
                                                        local and regional food, and
                         2014                           measuring food waste
   Sustainable seafood                                  per attendee.
                                                                                                                      171
    was introduced to the awards                                                               pairs of shoes were collected
                                                        2015
    dinner menu and the event’s                                                             from participants and our Team                         Sustainable food
    power consumption was live                          We were named the Event              Members, benefiting Save Our                          was served at the event,
streamed by energy partner Kiwi                         Sustainability Partner by the       Soles – a student-driven charity                       including 10% local,
  Power. Initiatives implemented                        Forum and joined its advisory              that provides used shoes                        20% organic, 20%
     at the Responsible Business                        committee to share our                   to impoverished people in                         vegetarian and 10%
Forum won the 2014 IMEX-GMIC                            knowledge and commitment                    Siargao, the Philippines.                      sustainable seafood.
           Green Meeting Award.                         to sustainable development.

                       We take pride in our achievements and
                       acknowledge that sustainability is an                                                     2,180 participants joined the event and
                       ongoing process and journey. We are                                                       MOP 400,000 ($50,000) was raised for
                       planning to advance our sustainability                                                    Macao Special Olympics and The Macao
                       offerings and community CSR programs.                                                     Association for the Mentally Handicapped.

                                                                                                                        Las Vegas Sands Corp. 2015 Sands ECO360 Report        17
OVERVIEW                                GREEN BUILDINGS           OPERATIONS   GREEN MEETINGS      ENGAGEMENT                      PERFORMANCE

The Sands ECO360 journey to...
stakeholder engagement
Team Member                         Community                  External
education                           outreach                   communication
Page 19                             Page 20                    Page 21
                                                                                                                                             2015
                                                                                                                                         highlights
                                                                                                                                                  7,459
                                                                                                                                               I Will if You Will
                                                                                                                                          actions by our Team
                                                                                                                                            Members globally

                                                                                                                                           200,000
                                                                                                                                        hygiene kits built with
                                                                                                                                             Clean the World

                                                                                                                                        First-time
                                                                                                                                             inclusion on DJSI
                                                                                                                                               North America

Las Vegas Sands Clean the World global hygiene kit build                                                 Las Vegas Sands Corp. 2015 Sands ECO360 Report         18
OVERVIEW                     GREEN BUILDINGS                           OPERATIONS                             GREEN MEETINGS                   ENGAGEMENT                       PERFORMANCE

                             The journey of I Will if You Will…                                                                       We increase our understanding of sustainability
                                   2011                                                                                               through engagement with our Team Members,
                                        We participated in our first global Earth Hour by turning off all external                    and partnerships with stakeholders and
                                          lighting for an hour on March 26.                                                           local communities.

                                                 2012
                                                   In addition to the traditional “Turn off the light” campaign,
                                                                                                                                      Team Member education
I lead the recycling                                 Marina Bay Sands started turning off exterior lights three                       Team Members have played a very important role in the growth
                                                      weeks prior to Earth Hour.                                                      of our Sands ECO360 program. We continue to look for fun ways
champions group for Sands
China Ltd. and am really                                                                                                              to engage them and make them feel informed and excited about
proud to be able to engage our                           2013                                                                         sustainability. Every year, we host three global events:
                                                          We adopted the World Wildlife Fund’s (WWF’s) “I Will if
Housekeeping Team Members to                                                                                                          I Will if You Will – First launched by the World Wildlife Fund
                                                          You Will” campaign for Earth Hour. More than 2,200
enhance our recycling programs and                         Team Members participated.                                                 (WWF), I Will if You Will is our annual challenge-based platform to
show the differences they are making                                                                                                  raise awareness about energy conservation.
with their sustainability efforts!
                                                             2014                                                                     World Hunger Day – This event started as part of The Hunger
Dina Angelucci, Executive Director of                        We adopted WWF’s “Use Your Power” slogan to                              Project, whose mission is to end world hunger and poverty.
Housekeeping Operations, Sands Cotai                         communicate the power that each individual has
                                                                                                                                      During this event, we encourage our Team Members to minimize
Central & The Parisian Macao                                 to make a change.
                                                                                                                                      food waste and donate food to local charities.

                                                            2015                                                                      Las Vegas Sands Recycles – The event is a collection of
                                                           This year’s challenge was a call to action for our                         recycling, repurposing, and donation activities during the
                                                          Team Members to replace old inefficient light bulbs                         year-end holiday season.
                                                         around their homes with more efficient alternatives.
                                                        We collected more than 7,400 lamps from our
                                                       Team Members.

                                                                Achievements                                   What’s next?
                                                                From 2012 to 2015, our                         In 2016, we will follow the WWF’s
                                                                Team Members took                              “Help Shine a Light on Climate
                                                                19,108                                         Action” theme by encouraging our
                                                                I Will if You Will                             Team Members to take actions to
                                                                actions globally.                              combat climate change.

                                                                                                                                                   Las Vegas Sands Corp. 2015 Sands ECO360 Report           19
OVERVIEW                   GREEN BUILDINGS                    OPERATIONS                    GREEN MEETINGS              ENGAGEMENT                     PERFORMANCE

Community outreach
Many of our Sands ECO360 initiatives benefit both the environment and our communities. For example, our donation programs support
disadvantaged members of society, and help us divert products from the landfill at the same time.

Our partnership with Clean the World                                                                                            2012
                                                                                                                                From 2012, we offered Clean the
One of our key partners is Clean the World, a non-profit                                                                        World Hygiene Kit Build to our Green
organization that collects, repurposes and distributes                                                                          Meeting clients as a community
hotel soap and bottled amenities as part of its sanitation                                                                      engagement option and sponsored
program in more than 100 countries. We started our                                                                              a volunteer event at the Clean the
                                                                                                                                World Las Vegas Recycling Center
journey together in 2011 when we piloted the program with
                                                                                                                                for IMEX America. In the following
McDonald’s during their annual event. With the successful                                                                       year, IMEX brought the program to
implementation, the initiative was then fully rolled out at                                                                     the trade show floor to make it more
The Venetian and The Palazzo, Las Vegas, followed by Sands                                                                      accessible for their attendees.
Bethlehem a year later.
                                                                                                                                        2015
                                                                                                                                        In 2015, the program grew
                                                                                                                                        into a broader initiative in
                                                                                                          2013                          collaboration with Sands Cares,
                              The support Clean the World                 Las Vegas Sands has large operations                          our global corporate citizenship
                              received from Las Vegas Sands               in Asia, where soap recycling was not                         program. Sands Cares organized
                              has elevated our recycling,                   always available. In 2013, we helped                        a hygiene kit building rally with
                                                                               Clean the World establish its first                      more than 4,000 volunteers in
                              soap distribution, and hygiene
                                                                          international presence in Hong Kong                           Las Vegas, Bethlehem, Singapore
                              education programs to heights                      and Macao; within three years,                         and Macao who worked around
                              we never dreamed of. Sands                                         we had recycled                        the clock and across the
                              has a deep commitment to                                                                                  globe to build
                              sustainability, and we are proud
                                                                                              172,396 lb.
                              to help them meet their planet-             of soap destined for landfills in Macao.                      200,000
                                                                                                                                        kits. In the same year, we also
                              saving goals.
                                                                                                                                        expanded the soap recycling
                              Shawn Seipler, CEO, Clean                                                                                 program to Marina Bay Sands
                              the World                                                358,827 lb.                                      in Singapore. Now the hotel
                                                                                                                                        soap and amenities from all our
                                                                                       soap and amenities have been                     properties get to serve their
                                                                                       repurposed through the Clean the                 second mission, saving millions
                                                                                       World program since 2011 globally                of lives around the world.

                                                                                                                      Las Vegas Sands Corp. 2015 Sands ECO360 Report        20
OVERVIEW                         GREEN BUILDINGS            OPERATIONS                       GREEN MEETINGS                        ENGAGEMENT                      PERFORMANCE

External communication
In recent years, we have made real progress with our external communications, increasing the level of transparency in our
reporting to ensure that our stakeholders remain apprised of our journey. Third-party reporting schemes and standards
inform our strategy and help us stay current with industry trends. We participate in the following rating systems:

                                                                                                                                                                  18th
   GRI                                                        NEWSWEEK GREEN RANKINGS                                                                       in the U.S. and 28th in
   Our Sands ECO360 Report follows GRI guidelines,            The Newsweek Green Rankings assess the                                                       the world, our position
   a comprehensive sustainability reporting                   environmental performance of the largest companies                                          in the Newsweek Green
   framework that is widely used around the world.            in the U.S. and around the world. We started actively
   In 2012, we became the first gaming company to             participating in the program in 2012 and have gradually
                                                                                                                                                               Rankings in 2014
   have a report verified by GRI.                             improved our performance since then.

                    DOW JONES                                        CARBON EMISSIONS DISCLOSURE
        SUSTAINABILITY INDICES
            In 2015, we were recognized for the first
                                                                            We first started reporting our carbon inventory and
                                                                      energy management strategies in 2012 through CDP, an
                                                                  international not-for-profit organization providing the only
                                                                                                                                                                  99A
                time in the Dow Jones Sustainability                                                                                                            scored in the
              Indices (DJSI) for our industry-leading             global system for companies and cities to measure, disclose,
                                                                  manage and share vital environmental information. In 2014,                                 CDP disclosure and
           corporate sustainability efforts in North
             America. DJSI is one of the most highly               we became an inaugural participant in the newly launched                                     performance
        regarded sustainability indices and is based                Hong Kong Carbon Registry emissions disclosure. In 2015,                                 leadership indices
              on an analysis of corporate economic,               we earned a position on CDP’s 2015 Climate A List, as well as
                                                                  on its Climate Disclosure Leadership Index (CDLI), validating
                                                                                                                                                                  [see p13]
           environmental and social performance.
                                                                                           our equal focus on both transparency                                    in 2015
                                                                                                and performance improvement.

                                                                                                                          2015

                                                                                                                        CLIMATE

                                                                                                                                  Las Vegas Sands Corp. 2015 Sands ECO360 Report      21
OVERVIEW                               GREEN BUILDINGS                             OPERATIONS                                GREEN MEETINGS                                   ENGAGEMENT                           PERFORMANCE

Environmental                                                                                Performance of
                                                                                             existing operations
                                                                                                                                                                                             Performance of newly
                                                                                                                                                                                             opened properties

performance                                                                                    SCOPE 1 AND SCOPE 2 EMISSIONS
                                                                                               (IN MT CO2e)

                                                                                               -8.1% Improved
                                                                                                                                                                                      KPI
                                                                                                                                                                                               SCOPE 1 AND SCOPE 2 EMISSIONS
                                                                                                                                                                                               (IN MT CO2e)

                                                                                                                                                                                               -19.6% Improved
                                                                                                                                                                                                                                                KPI

                                                                                                  723,969                       724,552
At Las Vegas Sands, we set our 2010 environmental                                                                718,323                         716,807
                                                                                                                                                               692,982
                                                                                                                                                                             664,995
performance as a baseline for existing properties to measure                                                                                                                                     186,861
                                                                                                                                                                                                              171,917
and track progress toward our targets. Because Marina Bay                                                                                                                                                                   150,308       150,253

Sands and Sands Bethlehem were added to our resort portfolio
later, we set the 2012 environmental performance at those
properties as their baseline since it represents their first year
of full operations.                                                                                 2010           2011           2012             2013          2014          2015               2012          2013          2014           2015
                                                                                               2015 goal: 5% reduction from the 2010 baseline                                                  2015 goal: 3% reduction from the 2012 baseline
We reduced our Scope 1 and Scope 2 emissions significantly
in the past five years, including an 8.1% reduction in existing                                ELECTRICITY (IN kWh)                                                                   KPI      ELECTRICITY (IN kWh)                             KPI
operations and an impressive 19.6% reduction in newly opened
properties. Electricity continues to be Las Vegas Sands’ primary
                                                                                               -16.8% Improved                                                                                 -11.8% Improved
focus because it represents 72.8% of total reported emissions.                                  652,547,882    640,176,434    619,663,619       607,216,498   584,547,032
                                                                                                                                                                            542,982,449
By implementing conservation projects we successfully
decreased our consumption by 16.8% in existing operations                                                                                                                                      347,423,133 329,575,122
                                                                                                                                                                                                                       309,169,588 306,294,599
and by 11.8% in our newly opened properties.

                                                                                                    2010           2011           2012             2013          2014          2015               2012          2013          2014         2015

Notes:
Existing operations include The Venetian and The Palazzo, Sands Expo, Sands Macao,
The Venetian Macao, The Plaza Macao, Sands Aviation and Cotai Jet.
Newly opened properties include Marina Bay Sands and Sands Bethlehem.
2012 was the first year of full operation for these two properties; therefore, it is their   Measuring and reporting of our environmental performance
performance baseline.                                                                        increases accountability and drives results. It helps us pro-actively
Sands Cotai Central was not yet open when we set our 2015 targets; therefore, the
performance data above does not include Sands Cotai Central; however, it has made            manage our utility consumption, ensures disciplined execution of
notable sustainability progress since its opening.
                                                                                             efficiency projects, and compels us to explore innovative solutions.
In 2015, we made the following adjustments for the performance data:                         In the upcoming years, we will continue to challenge ourselves to
Las Vegas: we deducted natural gas credits from the bills for 2014, and it resulted in
reduced actual natural gas consumption as well as overall Scope 1 emissions.                 further reduce our environmental impact.
Sands Macao: we were not able to obtain 2011 waste data for Sands Macao, therefore
we used 2012 data for the baseline year calculation instead.                                 Norbert Riezler, Senior Vice President,
                                                                                             Chief Procurement and Sustainability Officer,
                                                                                             Las Vegas Sands Corp.
                                                                                                                          Las Vegas Sands Corp. 2015 Sands ECO360 Report                                                                              22
OVERVIEW                               GREEN BUILDINGS                                 OPERATIONS                                  GREEN MEETINGS                                       ENGAGEMENT                               PERFORMANCE

                                                                                                 Performance of                                                                                          Performance of newly
                                                                                                 existing operations                                                                                     opened properties
Water has remained a challenge globally. In 2015, we                                                 WATER (IN MILLION GALLONS)                                                                  KPI       WATER (IN MILLION GALLONS)                           KPI
were able to address a number of concerns at our existing
buildings, specifically in Macao. This put a stop to the increased                                   1.0% Not improved                                                                                     11.4% Not improved
consumption at those properties and we even saw a 2.6%
year-over-year reduction when comparing with 2014 results.
Reducing water consumption at newly opened properties was                                                1,652             1,642        1,696           1,673             1,715          1,669                                              476           488
                                                                                                                                                                                                                 438          445
more difficult, partially due to the addition of new venues and
growing business demand in 2015.                                                                         2010           2011            2012            2013              2014           2015                  2012          2013           2014           2015
                                                                                                     2015 goal: 3% reduction from the 2010 baseline                                                         2015 goal: 2% reduction from the 2012 baseline
Finally, all of our properties have improved their recycling
rates, with 11.5% and 12.2% increases at our existing buildings                                      WASTE DIVERSION RATE (PERCENT)                                                              KPI       WASTE DIVERSION RATE (PERCENT)                       KPI
and newly opened properties respectively. These changes are
mostly due to increased upstream recycling efforts, installation                                    11.5% Improved                              37.0%              36.0%               36.8%
                                                                                                                                                                                                           12.2% Improved                                22.7%
                                                                                                                                                                                                                                           21.3%
of waste digesters, and expanded Team Member participation                                                                    27.0%                                                                            10.5%
                                                                                                                                                                                                                             13.0%
                                                                                                          25.3%
and support.

                                                                                                           2011               2012              2013                2014                2015                   2012           2013          2014           2015
2015 companywide performance                                                                         2015 goal: 10% increase from the 2011 baseline                                                         2015 goal: 10% increase from the 2012 baseline

2015 TOTAL WATER WITHDRAWAL BY SOURCE                            2015 DIVERTED MATERIALS                                              2015 CARBON FOOTPRINT                                              2015 ENERGY CONSUMPTION BY ENERGY
(IN MILLION GALLONS)                                    KPI      (IN SHORT TONS)                                             KPI      (IN CO2e)                                                    KPI   SOURCE (IN GIGAJOULES)                                       KPI

                                                                 Non-diverted                                     Diverted              16.3%                                                            Direct energy                                 Indirect energy
                                                                                                                                                          72.8%
                                                                 materials                                        materials             Mobile                                                           3,560,909                                     3,864,830
                                                                                                                                                          Electricity
                                                                 57,090                                           24,078                combustion                                                       48%                                           52%
                                                                                                                                                          – Scope 2
                                                                 70%                                              30%                   – Scope 14
                                                                                                                                                                                                         By source:                                    By source:
                                                                 42,707                                           9,409                                                                                  Non-renewable                                 Non-renewable
                          2015                                   Incinerated                                      Standard1             1.6%                                                             Gasoline:                                     Electricity:
                                                                                            81,168                                      Fugitive                         1,089,352                       22,629                                        3,564,681
                                                                 14,383                                           9,517                 emissions –                       MT CO2e
                                                                                          Total waste             Organic2                                                                               Diesel:                                       Heating:
                                                                 Landfilled                                                             Scope 15                        Total carbon
                                                                                            by type                                                                                                      2,205,938                                     9,444
160.81                                            0.30                                                            2,165                                                   footprint                      Jet kerosene:                                 Cooling:
Non-potable                                       Rain water                                                      Construction                                                                           386,856                     7,425,739         290,086
groundwater                                                                                                       2,987
                             2,714                                                                                                                                                                       Natural gas:                   Total          Renewable
Well water:            Total withdrawal                                                                           Other3                                                                 3.9%            651,081                       energy
148.76                     of water                                                        2015                                                                                          Waste           LPG: 287,656               consumption
                                                                                                                                                                                                                                                       Solar PV: 619
Nano-filtration:
12.05
                          by source                                                                                                        2015                                          generated in
                                                                                                                                                                                         operations –
                                                                                                                                                                                                         Renewable
                                                  2,553.35                                                                                                                               Scope 3
                                                                                                                                                                                                         Solar thermal:
                                                                                                                                                             4.6%             0.8%
                                                  Municipal                                                                                                                                              6,748
                                                                                                                                                             Stationary       Leased assets
                                                                                                                 30%
                                                  water
                                                                                                                                                             combustion       – Scope 3
                                                                                                           TOTAL DIVERSION RATE
                                                                                                                                                             – Scope 1                                                                2015

1. “Standard” includes: plastic, aluminum, cardboard, paper, glass and metal.
2. “Organic” includes: food waste, horticultural waste and cooking oil.
3. “Other“ includes: recovered assets, batteries, e-waste, donations, light bulbs, paint, playing cards, soap and shampoo amenities.
4. Includes gasoline, diesel, biodiesel, jet fuel and marine fuel.                                                                                                                             Las Vegas Sands Corp. 2015 Sands ECO360 Report                               23
5. Refrigerants
We would like to thank our Team Members for                                                                                                     Global
                                                                                                                                            Las Vegas

being part of the Sands ECO360 journey…                                                                                           Marina Bay Sands
                                                                                                                                    Sands China Ltd.
                                                                                                                                          Bethlehem
From running sustainable operations to coming up with energy-saving
ideas, from making green meetings possible to supporting our partners
and communities, our Team Members turn our Sands ECO360 strategy into
reality. As we celebrate our five-year milestone on our journey, a sincere
                                                                                                              Antonio Ramirez
                                                                                                                                  Marc Gougeon
thank you to them is in order:                                                                 William Palubinsky          Tim Chan        Ryan Green
                                                                        George Markantonis Ann Krutchik
                                                        Kent Bangell
                                                                     Mark Juliano      Mark McWhinnie
                                                   Olivier Dubreuil    Amy Lee  Ira Raphaelson Pete Boyd
                              Dina Angelucci               Helder Freitas    Lisa Witherell Paul Dungo Stephanie Zhao
    Marc Komatsu            Madalyn Banks             Ron Reese     Kevin Wong                   Eugene Tong
        Emmanuel Zoppas      Alex Choi Kevin Fang   Isabella Che              Robert Harayda
                       Jim Albers Dan Johnson     Tamir Shanel               James Gonsalves
                     Anna Schmid Brian Carr Cetin Tanisman
                              Charlie Fisher
        Greg Kite Shona Ann Lowe                             Trevor Hammond          Yokaraju Vikneswaran          Jae Hong Choi
           James Barlow Tina Peetris             Raymond Koh Kim Grange                                         Kandhadai Sridhar
          Ciaran Carruthers Gary McCreary Mike Helbert Jesse Low Bogdan Butner Lily Chi
                                               Shane Brereton Arthur McClain Kathy McCracken
          Mia Banks Mike Naylor Faris Alsagoff   James Brogan    Geraldo Tou Payal Bipin Karnik
            Jerry Jaggers     Jeffrey Yau        Annie Lam     James Brown     Kenneth Leong        Michael James      Raymond Chung
                  Mike Merlin       James Stuart      Dennis Dougherty     Rachel Tan     Alzira Lao      Sim Siaw San     Winnie Fam

 Christopher Christie                   Rishi Tirupari Pranav Jampani Winnie Wong Kevin Teng
                                                  Patrick Dumont                       Elaine Seow          Sarah Lee Tucker
                                                                                                    Las Vegas Sands Corp. 2015 Sands ECO360 Report       24
You can also read