It sets new standard in sustainable business practices

Las Vegas Sands launches Sands Eco 360 Program

(US).- Las Vegas Sands Corp. cemented its position as an industry leader in innovating and developing sustainable business practices with the launch of its Sands Eco 360 degrees Global Sustainable Development program.
2010-03-19
Reading time 2:21 min

The Venetian and Sands Expo and Convention Center Receive LEED-EB Gold Certification. The program's launch was highlighted by an announcement that the company's Venetian Resort and Sands Expo and Convention Center in Las Vegas have achieved LEED (Leadership in Energy and Environmental Design) for Existing Buildings Gold by the U.S. Green Building Council. The combined Venetian, Sands Expo and Palazzo Las Vegas, which in 2008 received LEED for New Construction Silver certification, now comprise the largest LEED building in the world.

"The launch of Sands Eco 360 degrees demonstrates our commitment to sustainable development and operations. Clearly there are important business advantages to operating in a sustainable manner, but when sound business practices are married with sustainable efforts that benefit the environment and our communities, the impact is immeasurable," said Michael Leven, president and chief operating officer of Las Vegas Sands Corp.

According to Leven, the company saves us$4 for every us$ 1 invested in its sustainable development program. He said different aspects of the program are not only implemented in the company's US properties, but are also part of its operations in Macau and Singapore. He noted that all future Las Vegas Sands Corp. properties will comply with Sands Eco 360 degrees principles and standards.

The Sands Eco 360 degrees program builds and expands on the successes of an array of best-in-class and award-winning green initiatives developed by Las Vegas Sands Corp. Its program spans four integral pillars, including: construction and development strategy, operational and maintenance policies, developing vendor partners that comply with the company's green policies, and employee team members who are equally involved in the program.

Leven said the practices the company has executed under these four pillars in Las Vegas have saved enough electricity to power more than 6,500 average American homes annually. Other benefits include the saving of nearly 100 million gallons of potable water per year and the recycling of 55 % of daily trash and 75 % of food waste - enough to be the largest single-property recycler in Las Vegas.

The company also utilizes the largest solar-thermal system in the United States, which provides hot water for pools, spas, and domestic uses. In constructing The Palazzo, the company used steel with 95 % recycled content, and diverted 42,000 tons of refuse from landfills. "We have piloted many leading green technologies and processes at The Venetian Las Vegas and The Palazzo that have yielded notable results," he stated.

"We look at our operations in Nevada as an incubator for new technologies and policies," continued Leven. "We also are responding to the green demand from our clients, guests, employees and local communities. But we not only strive for our properties to be sustainability leaders, we also share our processes and experiences with other businesses and governments."

"Las Vegas Sands is leading the way in innovating and implementing green development and operational best practices for the integrated resort industry," said Tim Cole, chair of the executive committee of the U.S. Green Building Council, which develops and supports the LEED green building certification program. "We are proud to grant The Venetian Las Vegas with LEED-EB Gold certification and recognize Las Vegas Sands Corp. for its stellar work in the area of sustainability."

LEED is an international accepted benchmark for the design, construction and operation of high-performance green buildings. It provides third-party verification that a building or community was designed and built using strategies aimed at improving performance across all the metrics that matter most: energy savings, water efficiency, carbon dioxide emissions reduction, improved indoor environmental quality, and stewardship of resources and sensitivity to their impacts.

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