This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House

MGM Resorts International Chairman & CEO Among Responsible Chief Executives Cited For Corporate Responsibility

Stocks in this article: MGM

LAS VEGAS, Oct. 15, 2012 /PRNewswire/ -- A leading publication that monitors corporate responsibility has included the Chairman & CEO of MGM Resorts International (NYSE: MGM) among the 30 finalists for its 5th Annual Responsible Chief Executive Officer of the Year recognition.

Jim Murren, Chairman & CEO of MGM Resorts International, was noted in the annual compilation by CR Magazine, the voice of the corporate responsibility profession.

"Corporate responsibility begins at the top and Jim Murren's leadership has materially advanced MGM Resorts' sustainability results," said Richard Crespin, Executive Director of the Corporate Responsibility Officer Association and Chairman of the COMMIT!Forum. "Jim, together with all of this year's finalists, represents an elite group of individuals and organizations that display a commitment to stakeholders and society through positive leadership."

CR Magazine evaluates CEOs across industries that visibly exceed standards in the areas of employee relations, environmental impact, human rights, philanthropy and corporate responsibility practices. Murren was the only CEO noted in the hospitality and entertainment sector.

Instrumental from the inception of MGM Resorts' leading Diversity & Inclusion program in 2000, Murren has led the expansion of the company's leadership in corporate and social responsibility to include Environmental Sustainability, as well as Community Engagement & Philanthropy. His leadership has helped the Company reach a variety of major social responsibility accomplishments, including:

Diversity & Inclusion: MGM Resorts has graduated more than 11,000 Diversity Champions through its Diversity Champion training workshop and has increased the overall representation of women (42 percent) and minorities (38 percent) in the diversity profile of its management team. Additionally, through its Supplier and Construction Diversity programs, MGM Resorts has spent a cumulative total of nearly $3 billion with minority-owned, women-owned and disadvantaged business enterprises.

Philanthropy & Community Engagement: MGM Resorts last year contributed to a combined total of more than 500 nonprofit agencies in Nevada, Michigan and Mississippi through its corporate giving program. Additionally, Company employees have donated nearly $50 million to nonprofit organizations through The MGM Resorts Foundation since its founding in 2002.

Environmental Responsibility: At more than 18M sq. ft., CityCenter is the largest LEED® Gold certified development in the world, earning six LEED® Gold certifications from the U.S. Green Building Council. Additionally, MGM Resort has reduced electricity consumption by 120 million kWh per year, enough to power 10,450 homes each year, and water usage by 500 million gallons per year, enough to fill more than 750 Olympic-size swimming pools. In 2011, Newsweek magazine ranked MGM Resorts as the most "green" resort and casino company.

1 of 2

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

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.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

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.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 17,195.42 +221.11 1.30%
S&P 500 0.00 -2.75 -0.14%
NASDAQ 4,566.1380 +16.9120 0.37%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs