Potential offtaker

MGM Resorts International

www.mgmresorts.com

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Which other companies from United States of America are actively involved in decarbonization initiatives?
  • United Airlines, Inc.
  • PepsiCo
  • Aqua Pennsylvania Inc
  • Greater Rockford Airport Authority
  • Johnson Matthey Inc
  • Mahindra Automotive North America
  • MGM Resorts International is a leading hospitality and entertainment company in the United States of America. The company operates in the casinos sector and has a portfolio of hotels, resorts, and casinos across the country. With a commitment to sustainability, MGM Resorts International has been at the forefront of decarbonisation efforts in the hospitality industry. The company has implemented various initiatives to reduce its carbon footprint, including investing in renewable energy, corporate energy management, and corporate power purchase agreements (PPAs).

    Decarbonisation is a crucial topic in the current era, and MGM Resorts International is taking significant steps towards reducing its carbon emissions. The company has set ambitious targets to reduce its carbon emissions by 45% by 2025 and 90% by 2050, based on its 2019 baseline. To achieve these targets, the company has implemented various measures, including energy-efficient lighting, HVAC systems, and water conservation programs. The company is also investing in renewable energy sources such as solar and wind power to reduce its reliance on fossil fuels.

    Corporate energy management is another critical aspect of MGM Resorts International's sustainability strategy. The company has implemented an energy management program that focuses on reducing energy consumption across its properties. The program includes monitoring and analyzing energy consumption data, identifying areas of improvement, and implementing energy-efficient technologies and practices. The company has also established an Energy and Environmental Services team that oversees the implementation of the energy management program and provides guidance and support to the properties.

    Corporate power purchase agreements (PPAs) are an essential part of MGM Resorts International's renewable energy strategy. The company has entered into several long-term PPAs with renewable energy providers to purchase renewable energy credits (RECs) and offset its carbon emissions. The company's PPAs include agreements with solar and wind power providers, which supply renewable energy to the company's properties. The PPAs not only help the company to reduce its carbon footprint but also provide cost savings and price stability for the company's energy needs.

    Renewable energy is a crucial component of MGM Resorts International's sustainability strategy. The company has invested in various renewable energy projects, including solar and wind power. The company's Mandalay Bay Resort and Casino in Las Vegas has one of the largest rooftop solar installations in the world, generating 6.4 MW of electricity. The company has also invested in wind power projects, including a 100 MW wind farm in Oklahoma that supplies renewable energy to the company's properties in the region. The company's renewable energy investments not only help to reduce its carbon footprint but also provide cost savings and price stability for the company's energy needs.

    MGM Resorts International's commitment to sustainability extends beyond its operations. The company is also working to promote sustainability in the communities where it operates. The company has established a Green Advantage program that provides training and support to local businesses to help them reduce their carbon footprint and improve their sustainability practices. The program includes workshops, training sessions, and access to resources and tools to help businesses implement sustainability measures.

    In conclusion, MGM Resorts International is a leading hospitality and entertainment company in the United States of America that is committed to sustainability. The company has implemented various initiatives to reduce its carbon footprint, including investing in renewable energy, corporate energy management, and corporate power purchase agreements (PPAs). The company's sustainability efforts not only help to reduce its environmental impact but also provide cost savings and price stability for the company's energy needs. MGM Resorts International's commitment to sustainability extends beyond its operations and includes promoting sustainability in the communities where it operates. The company's Green Advantage program provides training and support to local businesses to help them improve their sustainability practices. Overall, MGM Resorts International is a leader in the hospitality industry's decarbonisation efforts and a role model for other companies to follow.

    ✓ Current offtaker under Corporate PPA's
    ✓ Science Based Targets member