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MGM Resorts International Issues Comprehensive Environmental Responsibility Report

Environmental Responsibility and Superior Guest Experiences Go Hand-in-Hand


News provided by

MGM Resorts, International

Aug 30, 2011, 04:30 ET

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LAS VEGAS, Aug. 30, 2011 /PRNewswire/ -- MGM Resorts International, a world leader in hospitality and entertainment, has issued its Environmental Responsibility Report chronicling its comprehensive philosophy known as its "Green Advantage".  The report, released during the Fourth Annual National Clean Energy Summit held at the Company's ARIA Resort, outlines the company's strategic approach and recent achievements toward improved stewardship of the environment at its 15 resorts around the country.

"Environmental responsibility is a core company value that is woven into and throughout our culture and business operations," said James J. Murren, Chairman and CEO of MGM Resorts International. "For our customers, environmental stewardship is becoming a key area of awareness. They are becoming increasingly sophisticated in their expectations, and we are proud to be a leader in demonstrating that environmental responsibility and a superior guest experience go hand-in-hand with world class hospitality and entertainment," Murren said.

The report (http://www.mgmresorts.com/files/company/MGMReport-final.pdf) details the Company's efforts in five core areas:

  • Energy and Water
  • Green Building
  • Waste and Recycling
  • Supply Chain
  • Outreach and Education

As of the end of 2010, the Company succeeded in reducing electric power consumption by 140 M kWh; reduced Carbon Dioxide Emissions by 56 thousand metric tons; reduced water consumption by 200 M gallons; and diverted more than 33% of its waste from local landfills. The Company also introduced the first fleet of CNG-powered limousines, as well as organic and sustainable food strategies at its 165 restaurants.

Additionally, the Company worked with its suppliers to develop sustainable purchasing practices focused on raw materials, logistics and an assessment of the environmental impact of products; while also conducting Outreach & Education to employees, guests, suppliers and the communities in which it operates to help increase awareness that personal actions can affect future generations.

"Leadership is about walking the talk," Murren said. "We are proud that our efforts have been validated by our properties receiving the highest levels in the Green Key Eco-Hospitality Rating system, and that CityCenter in Las Vegas is the largest LEED Gold certified development in the world, with six LEED Gold awards."

About MGM Resorts International

With more than 61,000 employees, MGM Resorts International (NYSE: MGM) is one of the world's leading global hospitality companies, operating a portfolio of destination resort brands, including Bellagio, MGM Grand, Mandalay Bay and The Mirage. In addition to its 51% interest in MGM China Holdings and the MGM Macau, the Company has significant holdings in gaming, hospitality and entertainment, owns and operates 15 properties located in Nevada, Mississippi and Michigan, and has 50% investments in three other properties in Nevada and Illinois. The Company also operates The Signature at MGM Grand, Luxor, ARIA, Vdara, Veer Towers, Crystals, The Mirage, New York-New York, Monte Carlo, Excalibur, Circus Circus Las Vegas, Gold Strike in Jean, NV; Railroad Pass in Henderson, NV, Circus Circus Reno, Beau Rivage in Biloxi, MS; Gold Strike in Tunica, MS, and MGM Grand Detroit.

Statements in this release which are not historical facts are "forward looking" statements and "safe harbor statements" Under the Private Securities Litigation Reform Act of 1995 that involve risks and/or uncertainties, including risks and/or uncertainties as described in the company's public filings with the Securities and Exchange Commission.

SOURCE MGM Resorts, International

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