Macau casino operator Sands China Ltd says it is featured for the sixth consecutive year in the Dow Jones Best-in-Class Indices.
The recognition included being on the Dow Jones Best-in-Class World Index for the fifth consecutive year, and the Dow Jones Best-in-Class Asia Pacific Index for the sixth consecutive year.
The casino firm said in a recent release that this means Sands China is “the world’s only integrated resort operator to be concurrently listed in both indices”.
The Dow Jones Best-in-Class Indices were launched in 1999 and offer benchmarks for corporate sustainability. Information for them is gathered annually by financial institution S&P Global.
The indices are based on an in-depth review of more than 12,000 companies worldwide, “rigorously and comprehensively assessing ESG [environmental, social and governance] performance across industries”, Sands China said.
The firm described its latest inclusion in the indices as “a strong validation of its exceptional performance and effectiveness in the company’s three core ESG pillars of ‘People, Community, and Planet’.”
Sands China said that in this year’s Dow Jones Best-in-Class Indices assessment, 16 integrated resort operators globally were invited to participate.
“Ultimately, only Sands China and its parent company, Las Vegas Sands Corp, were selected for the World Index,” it stated.
The firm also said it was one of only two integrated resort operators to secure a spot on the Asia Pacific Index.
Per the update, its United States-based parent Las Vegas Sands has been named to the World and North America indices for the seventh consecutive year, “further demonstrating that the group’s integrated ESG management approach continues to receive high international praise”.
Grant Chum Kwan Lock, Sands China’s chief executive and an executive director, was quoted saying in the release: “We are deeply honoured to once again be listed on both the Dow Jones Best-in-Class World and Asia Pacific indices, and to remain the world’s only integrated resort operator to achieve dual listing on these prestigious benchmarks.”
He added: “This accolade is an encouraging, high-level international endorsement of our outstanding ESG performance.”
In June, Sands China announced it had been recognised by the S&P Global Sustainability Yearbook for a fourth consecutive year. The company was assessed to be in the top 1 percent rankings in the publication’s Global edition and its China edition.
