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MGM Resorts International Named Among Leaders For Corporate Social Responsibility Best Practices

Stocks in this article: MGM

Diversity & Inclusion

  • MGM Resorts was the first company in the gaming and hospitality industry to voluntarily adopt a formal diversity and inclusion policy.
  • MGM Resorts has increased and maintained the overall representation of women (more than 40%) and minorities (more than 30%) in the diversity profile of our management team for more than half of the past decade.
  • Since 2001, through its Supplier and Construction Diversity programs, MGM Resorts has spent a cumulative total of nearly $3 billion with MWDBE suppliers and contractors (i.e., minority-owned, women-owned and disadvantaged business enterprises).

Philanthropy & Community Engagement

  • Since its founding in 2002 to 2012, the employee-driven MGM Resorts Foundation has donated almost $50 million to nonprofit organizations for the betterment of American communities.
  • In 2011, the corporate giving program contributed to a combined total of more than 500 nonprofit agencies in Nevada, Michigan and Mississippi.
  • MGM Resorts' donation in 2012 of more than 189 tons of canned food to Three Square, the leading Las Vegas food bank, earned the distinction of the largest single company donation in the nonprofit organization's history for the third year in a row.
  • In 2012, MGM Resorts employees logged more than 113,000 volunteer hours and helped more than 850 charitable organizations meet community needs.

Environmental Responsibility

  • At more than 18M sf, CityCenter is the largest LEED ® Gold certified development in the world.
  • MGM Resorts has reduced electricity consumption by 120 million kWh per year, enough to power 10,450 homes each year.
  • The company has increased its recycling rate by more than 420% in four years, achieving nearly 40% diversion in 2011.
  • MGM Resorts has reduced water usage by 500 million gallons per year, enough to fill more than 750 Olympic-size swimming pools.
  • An unprecedented 15 company resorts have achieved the prestigious Green Key rating for environmental conservation from the largest sustainable operations certification body in the world, Green Key Global.

For more information about MGM Resorts International's commitment to social responsibility, please visit: http://www.mgmresorts.com/offers/2012/07_annualcorporatesocialresponsibilityreport/index.html.

MGM Resorts International (NYSE: MGM) is one of the world's leading global hospitality companies, operating destination resort brands including Bellagio, MGM Grand, Mandalay Bay and The Mirage. The Company also owns 51% of MGM China Holdings Limited, which owns the MGM Macau resort and casino and is in the process of developing a gaming resort in Cotai, and 50% of CityCenter in Las Vegas, which features ARIA resort and casino. For more information about MGM Resorts International, visit the Company's website at www.mgmresorts.com

SOURCE MGM Resorts International

Copyright 2011 PR Newswire. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
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