MGM Resorts Releases Corporate Social Responsibility Report
MGM Resorts International has released its Corporate Social Responsibility Report, titled “Advancements in Corporate Social Responsibility.” The report reflects the MGM Resorts’ commitment to inspire responsible behavior in diversity and inclusion, philanthropy and community engagement, and environmental responsibility and sustainability, according to the company.
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 and 500,000 MMBtu of natural gas and has saved 1.9 billion gallons of water. Its recycling rates increased four-fold to an overall rate of 37.9 percent.
Regarding diversity, 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 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, one of the 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.
In philanthropy, employees in 2011 donated $4.6 million to more than 1,000 community-based, nonprofit organizations. Since 2002, the MGM Resorts Foundation has invested $45 million in community-based organizations and programs.