Sustainability Archives - Keno Wizard https://kenowizard.com/tag/sustainability/ The Ultimate Keno Destination for Odds, Tips & Tricks Fri, 31 May 2024 10:03:37 +0000 en-US hourly 1 https://wordpress.org/?v=6.5.5 https://i0.wp.com/kenowizard.com/wp-content/uploads/2023/02/cropped-keno-wizard-icon.png?fit=32%2C32&ssl=1 Sustainability Archives - Keno Wizard https://kenowizard.com/tag/sustainability/ 32 32 230792155 Play’n GO Releases 2023 Sustainability Report Highlighting ESG Commitments https://kenowizard.com/2024/05/31/playn-go-releases-2023-sustainability-report-highlighting-esg-commitments/ https://kenowizard.com/2024/05/31/playn-go-releases-2023-sustainability-report-highlighting-esg-commitments/#respond Fri, 31 May 2024 10:03:37 +0000 https://kenowizard.com/2024/05/31/playn-go-releases-2023-sustainability-report-highlighting-esg-commitments/ Play’n GO, the world’s leading casino entertainment provider, has announced the release of its 2023 Sustainability Report. This inaugural report outlines the company’s Sustainability Strategy, progress, and Environmental, Social, and Governance (ESG) commitments and goals for the year. Building a Sustainable Industry and Planet The report details Play’n GO’s efforts over recent months and years [...]

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Play’n GO, the world’s leading casino entertainment provider, has announced the release of its 2023 Sustainability Report. This inaugural report outlines the company’s Sustainability Strategy, progress, and Environmental, Social, and Governance (ESG) commitments and goals for the year.

Building a Sustainable Industry and Planet

Playn-GO-announces-release-of-company-Sustainability-ReportThe report details Play’n GO’s efforts over recent months and years to contribute to a more sustainable industry and planet. Key areas covered include Responsible Gambling, Climate Commitments, and Inclusion and Diversity. The company has also embraced a pioneering Digital First culture, giving its employees the freedom to choose where and how they work.

Vanessa Arenram, Director of CSR at Play’n GO, expressed her excitement about the release: “Play’n GO has long made its commitment to sustainability and ESG very clear, and the release of our first-ever Sustainability Report is evidence of those words being put into action. We’re thrilled to finally share this report today, and it serves as a celebration of the dedication and progress made by our global team. From our commitment to player safety and collaborating with regulators to influence the development of sustainable regulation, to our Climate Pledge and how we are investing in our people and partnerships, we mean it when we say that the only viable future is a sustainable one. While much of the Report has already been actioned, we still have work to do, and this Report holds us to account as we continue leading the industry to a sustainable future of iGaming.”

Key Initiatives and Achievements

Responsible Gambling: Play’n GO’s groundbreaking Bonus Buy study is a highlight, showcasing the company’s dedication to player safety and responsible gaming practices. Collaborations with regulators have been pivotal in influencing the development of sustainable regulations.

Climate Commitments: The report outlines the company’s Climate Pledge, focusing on reducing its carbon footprint and implementing environmentally friendly practices across its operations.

Inclusion and Diversity: Play’n GO emphasizes its commitment to fostering an inclusive and diverse workplace. The company’s Digital First culture supports this by providing employees with the flexibility to work in ways that best suit their needs.

The Sustainability Report also underscores the importance of regulatory clarity and the need for self-regulatory bodies designated by the Ministry of Electronics and Information Technology (MeitY). This framework can incorporate lessons from existing IT rules to create a comprehensive regulatory environment for online games.

Future Goals and Continuous Improvement

While the report highlights significant progress, Play’n GO acknowledges that there is still work to be done. The company is committed to continuous improvement and innovation, ensuring that its strategies evolve to meet emerging challenges and opportunities in the industry.

Source: “Play’n GO Announces Release of Company Sustainability Report”, Play’n GO, May 28, 2024.

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EcoVadis Awards IGT with Gold Medal Sustainability Rating https://kenowizard.com/2024/02/21/ecovadis-awards-igt-with-gold-medal-sustainability-rating/ https://kenowizard.com/2024/02/21/ecovadis-awards-igt-with-gold-medal-sustainability-rating/#respond Wed, 21 Feb 2024 10:31:32 +0000 https://kenowizard.com/2024/02/21/ecovadis-awards-igt-with-gold-medal-sustainability-rating/ A leading solution provider to the iGaming industry, International Game Technology (IGT), has been awarded the gold medal rating from the leading sustainability ratings provider EcoVadis. The recognition follows the EcoVadis assessment of the level of sustainability of global companies and their operating practices to position the IGT among the top five percent of companies [...]

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A leading solution provider to the iGaming industry, International Game Technology (IGT), has been awarded the gold medal rating from the leading sustainability ratings provider EcoVadis. The recognition follows the EcoVadis assessment of the level of sustainability of global companies and their operating practices to position the IGT among the top five percent of companies with the gold medal rating.

Sustainability Assessment

The sustainability assessment of the renowned rating provider indicated that the IGT exercised a particularly distinctive performance in the areas of environment, ethics, and procurement to boost its overall ratings and include the company in the leading group of sustainable companies.

Rating Criteria

igt_earns_gold_medal_from_leading_sustainability_rating_agency_ecovadisThe sustainability performance assessment was conducted under the EcoVadiscriteria focused on the categories of environment, labor and human rights, ethics and sustainable procurement. The assessment was based on 21 benchmark distributed across the above categories to report the IGT performance in terms of sustainable practices representing the pillars of the company’s strategic operations. In assessing the IGT sustainability level, EcoVadis used these sustainability standards to evaluate environmental, social and ethical performance across more than 85,000 companies around the world.

Testimony of Commitment

The gold medal rating awarded to IGT represents another testimony of the iGaming provider’s commitment to sustainability of its operations. The recognition brings IGT in the group of reputable companies proven to operate in compliance with international norms and regulations to ensure legal adherence at all times. At the same time, the gold metal rating is the confirmation that IGT’s operations are in lieu with its internal corporate culture ensuring that the satisfaction and loyalty of its employees continue to drive the company forward.

Commenting on the prestigious rating, Wendy Montgomery, IGT SVP Marketing, Communications and Sustainability said: “Receiving a gold medal from EcoVadis validates IGT’s long-time commitment to continuously improving our ESG results and the effectiveness of our Sustainable Play initiatives. IGT will leverage the gold medal honor from EcoVadis as inspiration for enhanced sustainability innovation and performance, as we help contribute to a more sustainable future for our business and stakeholders.”

Gold Medal Rating Meeting International Standards

Business sustainability ratings used by EcoVadis in assessing global companies are based on international sustainability standards such as the Ten Principles of the UN Global Company, the International Labor Organisation conventions, the Global Reporting Initiative standards, and the ISO 26000 standard. The rating entity relies on these norms to produce analysis and reports after sourcing performance figures and data to provide a guide for possible improvement of the operating practices of the company concerned. The highest rating awarded to IGT represents the recognition of the company’s continued commitment to quality and sustainability.

Source: “IGT Earns Gold Medal from Leading Rating Agency EcoVadis”. European Gaming. February 19, 2024.

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ISS ESG Improves NOVOMATIC’s Sustainability Rating to C https://kenowizard.com/2023/12/05/iss-esg-improves-novomatics-sustainability-rating-to-c/ https://kenowizard.com/2023/12/05/iss-esg-improves-novomatics-sustainability-rating-to-c/#respond Tue, 05 Dec 2023 19:04:50 +0000 https://kenowizard.com/2023/12/05/iss-esg-improves-novomatics-sustainability-rating-to-c/ ISS ESG, a sustainability rating agency, has updated NOVOMATIC’s sustainability rating to C, marking it as one of the best companies within the electronics industry. ISS ESG, which is one of the best sustainability experts along with Sustainalytics and Moody’s ESG Solutions, assessed Novomatic’s business, examining its environmental, economic and social performance. As usual, ISS [...]

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ISS ESG, a sustainability rating agency, has updated NOVOMATIC’s sustainability rating to C, marking it as one of the best companies within the electronics industry.

ISS ESG, which is one of the best sustainability experts along with Sustainalytics and Moody’s ESG Solutions, assessed Novomatic’s business, examining its environmental, economic and social performance. As usual, ISS ESG formed its rating based on approximately 100 industry-specific markers.

In October, ISS ESG upgraded NOVOMATIC’s rating to C. This places NOVOMATIC among the top 30% of electronics companies, aligning it with the likes of Apple, Dell and Hewlett-Packard.

NOVOMATIC reported that its business made significant headways in a number of areas, including the following:

  • Employees and suppliers
  • Society and product responsibility
  • Corporate governance and business ethics 

Sustainability Means a Lot to NOVOMATIC

NOVOMATIC addressed the matter, saying that ESG is an integral part of its corporate strategy. The company noted that it remains bullish on making continuous improvements as part of its comprehensive sustainability program.

NOVOMATIC board member Ryszard Presch echoed this sentiment, saying:

As an international gaming technology group, we have always assumed social responsibility and act conscientiously and transparently in all areas of our business.

Ryszard Presch, board member, NOVOMATIC

Johannes Gratzl, another board member, thanked ISS ESG for its recognition. He praised the top rating, highlighting its importance to the company.

With this rating, we have made a great leap forward, and our level of transparency is now at the highest level. We are also well above the industry average when it comes to the core issue of working conditions and standards.

Johannes Gratzl, board member, NOVOMATIC

This is not the first time NOVOMATIC’s sustainability efforts have been recognized. Previously, NOVOMATIC emerged as the industry winner of PwC’s ESG Ranking 2023.

In September, NOVOMATIC published its H1 results, reporting strong growth across multiple metrics. The company’s EBITDA increased in all markets where it operates, highlighting the strength of its business.

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IGT Posts Sustainability Report for 16th Year in a Row https://kenowizard.com/2023/07/11/igt-posts-sustainability-report-for-16th-year-in-a-row/ https://kenowizard.com/2023/07/11/igt-posts-sustainability-report-for-16th-year-in-a-row/#respond Tue, 11 Jul 2023 20:57:09 +0000 https://kenowizard.com/2023/07/11/igt-posts-sustainability-report-for-16th-year-in-a-row/ International Game Technology, a world leader in gambling, has published its 2022 Sustainability Report, highlighting the company’s sustainability efforts. The company listed four core sustainability pillars, which include the protection of its people, advancement of responsibility, support for its communities and the fostering of sustainable operations. “Valuing and Protecting Our People” IGT pointed out that [...]

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International Game Technology, a world leader in gambling, has published its 2022 Sustainability Report, highlighting the company’s sustainability efforts. The company listed four core sustainability pillars, which include the protection of its people, advancement of responsibility, support for its communities and the fostering of sustainable operations.

“Valuing and Protecting Our People”

IGT pointed out that it fields employees in almost 60 countries, making it a very cosmopolitan company. As a result, the company seeks to respect individuals’ beliefs while protecting human rights and promoting diversity, equity and inclusion.

In 2022, IGT added its Human Rights Policy Statement to employee training. The training has now been completed by 97%+ of the company’s employees. In addition, the company was included in the Human Rights Campaign Foundation’s Corporate Equality Index, which measures the inclusion of LGBT+ people.

Finally, IGT noted that in 2022, it was the first casino and gambling company to sign the UN Women’s Empowerment Principles.

“Advancing Responsibility”

As a global leader in gaming, IGT recognizes the importance of responsibility to its business. The company is therefore bullish on mitigating risk for its customers, employees, players, suppliers and the environment through a system of codes, policies guidelines and practices.

Last year, the company achieved Global Gambling Guidance Group’s responsible gaming accreditation for sports betting, becoming the first US industry supplier to do so.

In addition, IGT adopted a Positive Play approach, encouraging safer gambling across all of its business segments.

“Supporting Our Communities”

IGT prides itself on its sustainable community initiatives. The company operates through corporate and employee-driven programs to facilitate opportunities for support, learning and growth.

In 2022, the gaming giant published its first formal Community Giving and Engagement Policy to inform its stakeholders of its approach to supporting its communities.

In the meantime, IGT’s flagship philanthropic initiative, After School Advantage, provided young people with access to science, technology, engineering and math (STEM) educational opportunities. Thanks to an agreement with the STEM Discovery Centre, the program was also expanded to the UK.

“Fostering Sustainable Operations”

IGT expressed its desire to ensure that its corporate policies and ESG standards apply to its entire value chain. The company is fully committed to addressing its environmental impact and mitigating its effect on climate change, biodiversity and air pollution while increasing circularity.

IGT added that in 2022, it submitted near-term and long-term targets to the Science Based Targets initiative for validation. The company promised to do what it can to reduce its carbon emissions as a way to fight climate change.

In addition, IGT implemented decarbonization workstreams to see how it can reduce GHG emissions.

CEO Sadusky Promises the Efforts Will Continue

IGT’s chief executive officer, Vince Sadusky, said that the current report marks the 16th consecutive year the company has released a Sustainability Report. He noted that this shows how seriously the company takes all initiatives that could have a positive impact on its corporate culture and the planet.

With a strong foundation centered around Sustainable Play and priorities aligned with UN Global Compact principles and Sustainable Development Goals, IGT continues to make considerable progress as an industry leader in global sustainability as we build a more sustainable business for the future.

Vince Sadusky, CEO, IGT

Meanwhile, IGT just forayed into Panama, launching content with Sortis Hotel, Spa & Casino.

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