Commercial, Energy Efficiency, GHG Emissions, Regulation - August 11, 2017
Las Vegas Sands revamps efficiency projects
Detailing the company’s first annual measurement against new sustainability goals, Las Vegas Sands Corp. recently released its 2016 environmental report.
The luxury resort chain initiated its “Sands ECO360” program to oversee the development of the company’s environmental policies using the United Nations’ Sustainability Development Goals and science-based target methodology as the guiding principles.
Across its entire portfolio of properties worldwide, Las Vegas Sands completed 84 different energy efficiency projects in 2016, which it estimates will save more than 31 million kWh of electricity use. According to an Aug. 9 news release, the primary focus areas of the Las Vegas Sands’ broader sustainability strategy revolve around green buildings, environmentally responsible operations, green meetings and events and stakeholder engagement.
“While LVS has made sustainability a key priority since 2007, in many ways, this is a new beginning as well,” Katarina Tesarova, vice president of global sustainability, said in a statement.
In the report, Las Vegas Sands outlined its progress toward its 2020 environmental targets. In 2016, excluding its two newest locations – St. Regis Macao and Parisian Macao – the resort reduced Scope 1 and Scope 2 emissions across properties by 9.1% and electricity consumption by 4.4% against its 2015 levels.
The primary initiative outlined in the report was the opening of the company’s newest property: The Parisian Macao on China’s Macau peninsula. Energy efficiency developments within the resort include a design for 100% use of LED lighting and the achievement of an energy performance 25% better than the industry benchmarks.
Back in its home base of Las Vegas, the company revamped the energy efficiency programs at its classic properties: The Venetian, The Palazzo and Sands Expo. These locations saw a 5.6% decrease in greenhouse gas emissions and accounts for 35% of the total LEED-certified buildings in Nevada in 2016.
Earlier this year, Las Vegas Sands was one of the Nevada companies that advocated for the deregulation of the state’s electricity market and break up the utility monopolies.