LAS VEGAS, July 11, 2012 /PRNewswire/ -- Advancements in Corporate Social Responsibility for MGM Resorts International (NYSE: MGM) are chronicled in its first consolidated Corporate Social Responsibility Report ( http://www.mgmresorts.com/files/company/AnnualCorporateSocialResponsibilityReport2011.pdf).
Themed "Inspiring Our World", the report reflects the company's ongoing commitment to inspiring responsible behavior in Diversity & Inclusion, Philanthropy & Community Engagement, and Environmental Responsibility & Sustainability.
"We're committed to excellence and continuous improvement. Our social responsibility imperatives are helping to drive innovation and competitive differentiation throughout our organization," said Jim Murren, Chairman & CEO of MGM Resorts International.
"Environmental responsibility is a priority at all levels," Murren said.In 2011, Newsweek magazine ranked MGM Resorts as the most "green" resort and casino company. Since 2007, the company has achieved total savings of more than 300 million kilowatt hours of electricity, 500,000 MMBtu of natural gas, and has saved 1.9 billion gallons of water. The company's recycling rates increased four-fold to an overall rate of 37.9%. In Diversity, Murren said the company has successfully grown a diversified and sustainable supply chain. Since 2001, the company has contracted with more than 1,000 Minority and Women Owned Disadvantaged Business Enterprise suppliers and contractors, resulting in a cumulative expenditure of more than $2.5 billion. In 2011, the MWDBE supply chain was also expanded to include businesses owned by veterans, as well as disabled and lesbian, gay, bisexual or transgender (LGBT) individuals. Additionally, the company was noted as one of the 25 Noteworthy Companies for Diversity by DiversityInc Magazine, a Top 60 Companies for Diversity by Hispanic Business Magazine, one of the 50 Best Companies for Latinas by LATINA Style Magazine, and one of the 40 Best Companies for Diversity by Black Enterprise Magazine, among other honors. "We earnestly believe that the health of our Company is directly linked to the health of the communities in which we operate," Murren said.
Select the service that is right for you!COMPARE ALL SERVICES
Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
24/7 market commentary from Jim Cramer and 20+ veteran Wall Street gurus. Get access to the latest trading ideas on stocks, options, and ETFs as well as a real-time forum to see the pros exchanging their investment ideas.
- Jim Cramer + 20 Wall Street pros
- Intraday commentary & news
- Real-time trading forum
- Actionable trade ideas
All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.
- Real Money + Doug Kass + 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV