Wynn Resorts Ltd

Common Name
Wynn Resorts
Country
United States
Sector
Consumer Cyclical
Industry
Resorts & Casinos
Employees
28,000
Ticker
WYNN
Exchange
NASDAQ/NGS
Description
Wynn Resorts, Limited is a leading operator of luxury casino resorts and hotels. Established in 2002, the company focuses on delivering high-end entertainment and hospitality experiences. It is renown...

Wynn Resorts Energy Data Preview

In 2023, Wynn Resorts disclosed key data related to its energy management practices, providing transparency into its operational energy use in line with recognized sustainability reporting frameworks.

Wynn Resorts disclosed progress toward renewable energy adoption, highlighting the share of total energy sourced from renewable versus non-renewable sources.

Finally, Wynn Resorts also reported the types of energy sources as well as generation technologies, helping stakeholders evaluate Wynn Resorts's reliance on fossil fuels versus cleaner alternatives.

Metric (GJ)2023202220212020 - 2017
Total Energy Consumed
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Renewable Energy Consumed
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Non-renewable Energy Consumed
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Electricity Consumed
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Verified Sources Behind Wynn Resorts’s Energy Management Data

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a. Wynn Resorts's ESG Report 2023
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Insights into Wynn Resorts's Energy Renewability

In 2023, Wynn Resorts consumed a total of 1.74 million Gigajoules of energy across its operations. Of this total, 13.15% was sourced from renewable energy, either derived from natural resources like biofuels, biomass, or biogas, or generated using renewable technologies such as solar or wind power. The remaining 86.85% was classified as non-renewable energy, coming from fossil-based fuels such as coal, natural gas, or crude oil, or from non-renewable generation technologies like nuclear power. a

Wynn Resorts's Energy Renewability Rate

13%

How much of Wynn Resorts's energy consumed is renewable?

In 2023, Wynn Resorts consumed a total of 1.74 million Gigajoules of energy, of which 13.15% was derived from renewable sources, including biofuels, biomass, biogas, solar, and wind power. a

This low level of renewable energy use highlights a heavy reliance on fossil fuels or other non-renewable sources, suggesting that Wynn Resorts has considerable room to improve its energy sustainability strategy.

Are Wynn Resorts's energy practices becoming more sustainable?

Since 2019, Wynn Resorts's total energy consumption increased by 173.26%, including a 118.9% increase in 2023, reflecting a sustained rise in overall energy demand. a

Over the same period, the share of renewable energy decreased by 18.33%, with a further 76.57% drop in 2023, highlighting a weakening in renewable energy performance. a

Overall, Wynn Resorts is consuming more energy while simultaneously reducing its use of renewable sources, raising concerns about a growing dependency on fossil fuels and the company’s alignment with sustainability goals.

Wynn Resorts's Renewable vs Non-renewable Energy Over Time

1.67 M816.04 k33.96 k1.67 MGigajoules (GJ)2019202020212022202356%13%84%87%87%44%87%
  • Renewable Energy Consumed
  • Non-renewable Energy Consumed

Insights into Wynn Resorts's Energy Consumption & Production Mix

In 2023, Wynn Resorts disclosed detailed information on the sources and generation technologies of the energy it consumed. This disclosure enables a clearer assessment of the Wynn Resorts's overall energy mix, its sourcing strategy, and its reliance on fossil fuels versus cleaner alternatives such as renewables and low-carbon technologies. a

Wynn Resorts's Energy Consumed by Sources and Technologies

Natural Gas(48.7%)Electricity(Unspecified Source)(45.2%)

What are the main sources and generation technologies behind Wynn Resorts's energy consumption?

In 2023, Wynn Resorts's total energy consumption was primarily sourced from a

  • Natural Gas (48.71%)
  • Electricity (Unspecified Source) (45.24%)
  • Jet Fuel (ATF) (4.99%)

How diverse is Wynn Resorts’s energy consumption mix?

In 2023, Wynn Resorts consumed energy from 6 different sources or generation technologies, indicating a moderately diverse energy mix, with some concentration in a primary source. a

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