Caesars Entertainment Inc

Common Name
Caesars Entertainment
Country
United States
Sector
Consumer Cyclical
Industry
Resorts & Casinos
Employees
50,000
Ticker
CZR
Exchange
NASDAQ/NGS
Description
Caesars Entertainment Inc. is a renowned company in the hospitality and entertainment industry, primarily focused on operating casinos, hotels, and entertainment facilities. As one of the world's larg...

Caesars Entertainment's GHG Emissions Data Preview

In 2023, Caesars Entertainment completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy), and Scope 3 (indirect emissions across the value chain).

Caesars Entertainment has also provided a category-level breakdown for 5 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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Total Scope 2
Market-Based
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Location-Based
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Total Scope 3
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This table provides a simplified preview of selected GHG emissions data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into Caesars Entertainment's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Caesars Entertainment amounted to 752,050 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).

Compared to 2022, the total operational greenhouse gas (GHG) emissions of Caesars Entertainment decreased by 0.53%, showing that the company has made progress in taking action to reduce the climate impact of its operations.

Caesars Entertainment's Scope 1 Emissions Over Time

201820192020202120222023070 k140 k210 k280 ktCO2e-7%-18%+9%+2%+1%
  • Total Scope 1
  • Year-over-Year Change

What are Caesars Entertainment's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Caesars Entertainment were 228,734 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Has Caesars Entertainment reduced its Scope 1 emissions over time?

Since 2018, Caesars Entertainment's Scope 1 emissions have decreased by 13.52%, reflecting a declining long-term trend in Scope 1 emissions over time.

Compared to the previous year (2022), Caesars Entertainment's Scope 1 emissions increased by 1.38%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.

What are Caesars Entertainment's Scope 2 emissions?

In 2023, Caesars Entertainment reported Scope 2 greenhouse gas (GHG) emissions of 468,365 tCOâ‚‚e using the market-based method, and 523,316 tCOâ‚‚e using the location-based method.

Has Caesars Entertainment reduced its Scope 2 emissions over time?

Since 2018, Caesars Entertainment's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have decreased by 34.79%, reflecting a declining long-term trend in Scope 2 emissions over time.

Compared to the previous year (2022), Caesars Entertainment's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Caesars Entertainment 's emissions have plateaued with no significant change in its energy consumption footprint.

What methodology does Caesars Entertainment use for Scope 2 reporting?

In 2023, Caesars Entertainment reported its Scope 2 emissions using the market-based method and using the location-based method.

Caesars Entertainment's Scope 2 Emissions Over Time

2018201920202021202220230250 k500 k750 k1 MtCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Caesars Entertainment's Value Chain Emissions

In 2023, Caesars Entertainment reported 1,190,982 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.

The 2023 disclosure of Caesars Entertainment includes a breakdown across 5 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2022, demonstrating consistent Scope 3 emissions reporting coverage year over year.

Caesars Entertainment's Scope 3 Emissions Over Time

2018201920202021202220230550 k1.1 M1.65 M2.2 MtCO2e+15%-23%+10%-38%+9%
  • Total Scope 3
  • Year-over-Year Change

What are Caesars Entertainment's Scope 3 emissions?

In 2023, Caesars Entertainment reported total Scope 3 emissions of 1,190,982 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Approximately 100% of these emissions originated from upstream activities such as purchased goods and capital goods, while 0% came from downstream activities like product use, distribution, and end-of-life treatment.

Has Caesars Entertainment reduced its Scope 3 emissions over time?

Since 2018, Caesars Entertainment's Scope 3 emissions have decreased by 32.74%, reflecting a declining long-term trend in Scope 3 emissions over time.

Compared to the previous year (2022), Caesars Entertainment's Scope 3 emissions remained relatively stable, indicating that Caesars Entertainment 's emissions have plateaued with no significant change in its value chain footprint.

What categories of Scope 3 emissions does Caesars Entertainment disclose?

In 2023, Caesars Entertainment reported emissions for 5 out of the 15 Scope 3 categories defined by the GHG Protocol.

This partial disclosure allows for some insight into the company's indirect impacts.

What are the main sources of Caesars Entertainment's Scope 3 emissions?

In 2023, the largest contributors to Caesars Entertainment's Scope 3 emissions were:

  • Purchased Goods and Services (Cat. 1): 884,491 tCOâ‚‚e (74.27%)
  • Fuel- and Energy-Related Services (Cat. 3): 205,905 tCOâ‚‚e (17.29%)
  • Waste Generated in Operations (Cat. 5): 59,279 tCOâ‚‚e (4.98%)

Caesars Entertainment's Scope 3 Emissions by Categories

Fuel- andEnergy-RelatedServices (Cat. 3)(17.3%)Waste Generated inOperations (Cat. 5)(5.0%)Purchased Goods andServices (Cat. 1)(74.3%)

Insights into Caesars Entertainment's Total Carbon Footprint

In 2023, Caesars Entertainment reported a total carbon footprint of 1,943,032 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 5.27% increase compared to 2022, suggesting a rise in emissions across its operations or value chain.

The largest contributor to Caesars Entertainment's total carbon footprint was Scope 3 emissions, accounting for 61.3% of the company's total carbon footprint, followed by Scope 2 emissions at 26.93%.