Macau casino operator Sands China Ltd says it has again been ranked in the top 1-percent of companies for environmental, social and governance (ESG) standards among firms covered by the S&P Global Sustainability Yearbook.
The casino firm’s confirmed ranking for ESG applies to the 2025 global edition and the 2025 China edition of the yearbook produced by financial institution S&P Global.
A July 16 press release from Sands China quoted Grant Chum Kwan Lock (pictured, centre), the company’s chief executive and executive director, as saying: “Sands China remains steadfast in our commitment to ESG practices and to giving back to the Macau community that we have called home for more than 20 years.”
He added, referring to a new accolade for the company in the latest China edition of the S&P Global Sustainability Yearbook: “We are especially honoured to be recognised as ‘Industry Mover’ in our region for the first time – highlighting our significant achievements in our ESG strategies and initiatives.”
In order to be an ‘Industry Mover’ under the rankings, a company needs to achieve at least a 5-percent increase in its Corporate Sustainability Assessment (CSA) score from the prior year, while also being the company with the strongest improvement within its industry category.
According to the announcement, Sands China accomplished both with an over 7-percent increase in its CSA score.
S&P Global’s CSA system is an evaluation of the sustainability practices of companies from around the world, with only those performing in the top 15 percent of their industries included in the S&P Global Sustainability Yearbook.
As per the release, for this year’s China edition, S&P Global assessed more than 1,600 companies across 60 industries, with the entities drawn from mainland China, Hong Kong and Macau.
Sands China is said to be one of only 18 companies to rank in the top 1 percent of CSA scores in the China edition, marking its third consecutive year in the top 1 percent.
For the global edition of the yearbook, more than 7,690 companies, drawn from 60 industries worldwide, were assessed.
Sands China was among 65 companies with a top 1 percent CSA score in its defined industry category, marking Sands China’s second straight year in the global top 1 percent.
Mr Chum was further quoted as saying: “Our company’s dedication to exceptional ESG performance is exemplified in efforts like delivering 2.3 million hours of workforce training in 2024 and achieving a 17.5 percent reduction in carbon emissions ahead of schedule.”
He further noted: “The company’s volunteer team has engaged in more than 310,000 hours of community service over the years, bringing positive impact to the community.”
