DraftKings Publishes First Environmental, Social and Governance Report
February 22 2021 - 4:00PM
DraftKings Inc. (Nasdaq: DKNG) (the “Company”, “DraftKings”) today
released its inaugural Environmental, Social and Governance (“ESG”)
Report. The ESG Report highlights DraftKings’ commitment to social
and corporate responsibility in 2020 and details the company’s
views on sustainable growth.
“Throughout our journey to becoming a leader in digital sports
entertainment and gaming, our business decisions have been guided
by our corporate responsibility and ethics,” said Jason Robins,
DraftKings co-founder, CEO and Chairman. “Our commitment to
cybersecurity, sustainability, compliance, responsible gaming, the
health of our employees and the betterment of our communities is
intrinsic to the continued success of our business and the value we
deliver for our shareholders.”
To further company ESG initiatives and to assist in the
preparation of the ESG Report, DraftKings created a sustainability
working group to consider ESG factors that are material to its
business and evaluate potential ESG risks and opportunities based
on the views held by DraftKings’ shareholders, leading ESG
frameworks and ESG rating agencies. For the ESG framework, the
working group utilized aspects of the Sustainability Accounting
Standards Board and the Task Force on Climate-related Financial
Disclosures. Additionally, the company structurally aligned certain
material ESG areas of DraftKings’ focus with the U.N. Sustainable
Development Goals.
As a result of its research, the sustainability working group
identified the below ESG topics as the key issues impacting
DraftKings’ operations and stakeholders:
- Responsible Gaming
- People & Community
- IEB
- Employee Engagement, Wellness and Development
- Community Involvement
- Cybersecurity
- Enterprise Risk Management & Compliance
- Energy and Waste Management
DraftKings is committed to furthering its impact in these areas
and will continue to report on the Company’s ESG progress. This
initial report serves as a first step in formalizing DraftKings’
commitment to ESG and going forward will serve as a critical
measure of success both internally and externally.
To learn more about DraftKings’ ESG efforts and to view the
report in full, please visit DraftKings’ Investor Relations site.
About DraftKingsDraftKings Inc. is a digital
sports entertainment and gaming company created to fuel the
competitive spirit of sports fans with products that range across
daily fantasy, regulated gaming and digital media. Headquartered in
Boston, and launched in 2012 by Jason Robins, Matt Kalish and Paul
Liberman, DraftKings is the only U.S.-based vertically integrated
sports betting operator. DraftKings is a multi-channel provider of
sports betting and gaming technologies, powering sports and gaming
entertainment for 50+ operators in 17 countries. DraftKings’
Sportsbook is live with mobile and/or retail betting operations in
the United States pursuant to regulations in Colorado, Illinois,
Indiana, Iowa, Michigan, Mississippi, New Hampshire, New Jersey,
New York, Oregon, Pennsylvania, Tennessee, Virginia and West
Virginia. DraftKings’ daily fantasy sports product is available in
8 countries internationally with 15 distinct sports categories.
DraftKings is the official daily fantasy partner of the NFL, MLB,
NASCAR and the PGA TOUR as well as an authorized gaming operator of
the NBA and MLB and an official betting operator of the PGA
TOUR.
Forward Looking StatementsCertain statements
made in this release are “forward looking statements” within the
meaning of the “safe harbor” provisions of the United States
Private Securities Litigation Reform Act of 1995. When used in this
press release, the words “estimates,” “projected,” “expects,”
“anticipates,” “forecasts,” “plans,” “intends,” “believes,”
“seeks,” “may,” “will,” “should,” “future,” “propose” and
variations of these words or similar expressions (or the negative
versions of such words or expressions) are intended to identify
forward-looking statements. These forward-looking statements are
not guarantees of future performance, conditions or results, and
involve a number of known and unknown risks, uncertainties,
assumptions and other important factors, many of which are outside
DraftKings’ control, that could cause actual results or outcomes to
differ materially from those discussed in the forward-looking
statements. For a discussion of additional risks and uncertainties,
which could cause actual results to differ from those contained in
the forward-looking statements, see DraftKings’ Securities and
Exchange Commission filings. DraftKings does not undertake any
obligation to update or revise any forward-looking statements,
whether as a result of new information, future events or otherwise,
except as required by law.
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