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Las Vegas Sands Corp

Common Name
Las Vegas Sands
Country
United States
Sector
Consumer Cyclical
Industry
Resorts & Casinos
Employees
41,000
Ticker
LVS
Exchange
New York Stock Exchange
Description
Las Vegas Sands Corp. is a global developer and operator of large-scale integrated resorts focused on gaming, hospitality, and entertainment. The company concentrates its operations in Asia, where it ...

Las Vegas Sands's GHG Emissions Data Preview

In 2025, Las Vegas Sands 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).

Las Vegas Sands has also provided a category-level breakdown for 9 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2025202420232022-2019
Total Scope 1
164,524a
155,421a
119,588a
Total Scope 2
Market-Based
231,929a
271,612a
312,144a
Location-Based
379,186a
368,384a
475,129a
Total Scope 3
1,828,068a
2,423,452a
1,307,370a
Total Scope 1 Revenue Intensity (tCO2e/$M)
12.6392a
13.7565a
11.5299a
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Verified Sources Behind Las Vegas Sands’s Greenhouse Gas (GHG) Emissions Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform.

a. Las Vegas Sands's ESG Report 2025
b. Las Vegas Sands's ESG Report 2024
c. Las Vegas Sands's ESG Report 2023
d. Las Vegas Sands's ESG Report 2021

Insights into Las Vegas Sands's Operational Emissions

In 2025, the total operational greenhouse gas (GHG) emissions of Las Vegas Sands amounted to 543,710 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).a

Compared to 2024, the total operational greenhouse gas (GHG) emissions of Las Vegas Sands increased by 3.8%, suggesting that the company faced challenges in reducing its emissions from its core operations.a

Las Vegas Sands's Scope 1 Emissions Over Time

2019202020212022202320242025055 k110 k165 k220 ktCO2e-76%-24%+52%+105%+30%+6%
  • Total Scope 1
  • Year-over-Year Change

What are Las Vegas Sands's Scope 1 emissions?

In 2025, the total Scope 1 emissions of Las Vegas Sands were 164,524 metric tons of CO₂ equivalent (tCO₂e).a

Has Las Vegas Sands reduced its Scope 1 emissions over time?

Since 2019, Las Vegas Sands's Scope 1 emissions have decreased by 23.21%, reflecting a declining long-term trend in Scope 1 emissions over time.ad

Compared to the previous year (2024), Las Vegas Sands's Scope 1 emissions increased by 5.86%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.a

What are Las Vegas Sands's Scope 2 emissions?

In 2025, Las Vegas Sands reported Scope 2 greenhouse gas (GHG) emissions of 231,929 tCO₂e using the market-based method and 379,186 tCO₂e using the location-based method.a

Has Las Vegas Sands reduced its Scope 2 emissions over time?

Since 2019, Las Vegas Sands's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have decreased by 50.56%, reflecting a declining long-term trend in Scope 2 emissions over time.ad

Compared to the previous year (2024), Las Vegas Sands's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Las Vegas Sands's emissions have plateaued with no significant change in its energy consumption footprint.a

What methodology does Las Vegas Sands use for Scope 2 reporting?

In 2025, Las Vegas Sands reported its Scope 2 emissions using the market-based method and using the location-based method.a

Las Vegas Sands's Scope 2 Emissions Over Time

20192020202120222023202420250200 k400 k600 k800 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Las Vegas Sands's Value Chain Emissions

In 2025, Las Vegas Sands reported 1,828,068 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a

The 2025 disclosure of Las Vegas Sands includes a breakdown across 9 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2024, demonstrating consistent Scope 3 emissions reporting coverage year over year.a

Las Vegas Sands's Scope 3 Emissions Over Time

20192020202120222023202420250650 k1.3 M1.95 M2.6 MtCO2e-48%-2%+115%+104%+85%-25%
  • Total Scope 3
  • Year-over-Year Change

What are Las Vegas Sands's Scope 3 emissions?

In 2025, Las Vegas Sands reported total Scope 3 emissions of 1,828,068 metric tons of CO₂ equivalent (tCO₂e).a

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.a

Has Las Vegas Sands reduced its Scope 3 emissions over time?

Since 2019, Las Vegas Sands's Scope 3 emissions have increased by 207.72%, reflecting a rising long-term trend in Scope 3 emissions over time.ad

Compared to the previous year (2024), Las Vegas Sands's Scope 3 emissions decreased by 24.57%, highlighting the company's efforts to lower indirect emissions from its value chain.a

What categories of Scope 3 emissions does Las Vegas Sands disclose?

In 2025, Las Vegas Sands reported emissions for 9 out of the 15 Scope 3 categories defined by the GHG Protocol.a

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

What are the main sources of Las Vegas Sands's Scope 3 emissions?

In 2025, the largest contributors to Las Vegas Sands's Scope 3 emissions were:a

  • Purchased Goods and Services (Cat. 1): 968,308 tCO₂e (52.97%)
  • Capital Goods (Cat. 2): 687,257 tCO₂e (37.59%)
  • Fuel- and Energy-Related Services (Cat. 3): 124,757 tCO₂e (6.82%)

Las Vegas Sands's Scope 3 Emissions by Categories

Purchased Goods andServices (Cat. 1)(53.0%)Fuel- andEnergy-RelatedServices (Cat. 3)(6.8%)Capital Goods(Cat. 2)(37.6%)

Insights into Las Vegas Sands’s GHG Emissions Intensity Compared to Industry Peers

In 2025, Las Vegas Sands reported Scope 1 greenhouse gas (GHG) emissions of 164,524 tCO₂e and total revenues of USD 13,017 millions. This translates into an emissions intensity of 12.64 tCO₂e per millions USD.a

Las Vegas Sands's Scope 1 Emissions Intensity Compared to Peers

1,00010,000100,0001,000,00010,000,000Scope 1 Emissions (tCO2e)5002,0005,00020,00050,000Revenues (Millions of USD)BallYear: 2025Scope 1: 395,232 tCO2eRevenue: $M 13,161Scope 1 Intensity: 30.03 tCO2e/$MFlutter EntertainmentYear: 2025Scope 1: 5,107 tCO2eRevenue: $M 16,384Scope 1 Intensity: 0.31 tCO2e/$MUlta BeautyYear: 2025Scope 1: 10,047 tCO2eRevenue: $M 12,393Scope 1 Intensity: 0.81 tCO2e/$MPackaging Corp of AmericaYear: 2025Scope 1: 1,950,000 tCO2eRevenue: $M 8,989Scope 1 Intensity: 216.92 tCO2e/$MBurlington StoresYear: 2024Scope 1: 42,444 tCO2eRevenue: $M 10,635Scope 1 Intensity: 3.99 tCO2e/$MDick's Sporting GoodsYear: 2022Scope 1: 52,131 tCO2eRevenue: $M 12,368Scope 1 Intensity: 4.21 tCO2e/$MDarden RestaurantsYear: 2026Scope 1: 399,922 tCO2eRevenue: $M 13,211Scope 1 Intensity: 30.27 tCO2e/$MPultegroupYear: 2024Scope 1: 5,225 tCO2eRevenue: $M 17,949Scope 1 Intensity: 0.29 tCO2e/$MRalph LaurenYear: 2025Scope 1: 13,526 tCO2eRevenue: $M 7,079Scope 1 Intensity: 1.91 tCO2e/$MWilliams-SonomaYear: 2025Scope 1: 21,688 tCO2eRevenue: $M 7,807Scope 1 Intensity: 2.78 tCO2e/$MTapestryYear: 2025Scope 1: 4,312 tCO2eRevenue: $M 7,010Scope 1 Intensity: 0.62 tCO2e/$MCaseys General StoresYear: 2024Scope 1: 104,833 tCO2eRevenue: $M 14,863Scope 1 Intensity: 7.05 tCO2e/$MExpedia GroupYear: 2024Scope 1: 5,534 tCO2eRevenue: $M 13,691Scope 1 Intensity: 0.40 tCO2e/$MRestaurant Brands International IncYear: 2025Scope 1: 264,048 tCO2eRevenue: $M 9,434Scope 1 Intensity: 27.99 tCO2e/$MYum! BrandsYear: 2025Scope 1: 47,701 tCO2eRevenue: $M 8,214Scope 1 Intensity: 5.81 tCO2e/$MChipotle Mexican GrillYear: 2025Scope 1: 178,722 tCO2eRevenue: $M 11,926Scope 1 Intensity: 14.99 tCO2e/$MGalaxy Entertainment GroupYear: 2024Scope 1: 402,597 tCO2eRevenue: $M 5,592Scope 1 Intensity: 71.99 tCO2e/$MSands ChinaYear: 2024Scope 1: 127,885 tCO2eRevenue: $M 7,080Scope 1 Intensity: 18.06 tCO2e/$MMarriott Vacations WorldwideYear: 2024Scope 1: 68,212 tCO2eRevenue: $M 4,967Scope 1 Intensity: 13.73 tCO2e/$MVail ResortsYear: 2024Scope 1: 84,055 tCO2eRevenue: $M 2,885Scope 1 Intensity: 29.13 tCO2e/$MBoyd GamingYear: 2024Scope 1: 54,173 tCO2eRevenue: $M 3,930Scope 1 Intensity: 13.78 tCO2e/$MPENN EntertainmentYear: 2023Scope 1: 73,122 tCO2eRevenue: $M 6,363Scope 1 Intensity: 11.49 tCO2e/$MCaesars EntertainmentYear: 2024Scope 1: 229,616 tCO2eRevenue: $M 11,245Scope 1 Intensity: 20.42 tCO2e/$MWynn ResortsYear: 2025Scope 1: 342,169 tCO2eRevenue: $M 7,138Scope 1 Intensity: 47.94 tCO2e/$MMGM Resorts InternationalYear: 2024Scope 1: 224,425 tCO2eRevenue: $M 17,241Scope 1 Intensity: 13.02 tCO2e/$MLas Vegas SandsYear: 2025Scope 1: 164,524 tCO2eRevenue: $M 13,017Scope 1 Intensity: 12.64 tCO2e/$M

How does Las Vegas Sands's GHG emissions intensity compare to its peers?

In 2025, Las Vegas Sands reported a Scope 1 emissions intensity of 12.64 tCO₂e per millions USD. Compared to the peer group median of 13.02, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a

Where does Las Vegas Sands rank on GHG emissions intensity within its industry?

In 2025, Las Vegas Sands ranked 13 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a

Las Vegas Sands is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a

Insights into Las Vegas Sands's Total Carbon Footprint

In 2025, Las Vegas Sands reported a total carbon footprint of 2,371,778 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 19.53% decrease compared to 2024, indicating progress in reducing its overall greenhouse gas output.a

The largest contributor to Las Vegas Sands's total carbon footprint was Scope 3 emissions, accounting for 77.08% of the company's total carbon footprint, followed by Scope 2 emissions at 15.99%.a

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