Entain PLC Entain commits to being carbon net zero by 2035 (0997R)
March 04 2021 - 1:01AM
UK Regulatory
TIDMENT
RNS Number : 0997R
Entain PLC
04 March 2021
0701 4 March 2021
Entain plc
("Entain" or the "Group")
Entain commits to being carbon net zero by 2035
The latest development in a wide range of industry-leading ESG
initiatives
Entain plc (LSE: ENT), the global sports-betting and gaming
entertainment group, is pleased to announce that it has committed
to becoming net zero for greenhouse gas emissions by no later than
2035, which is 15 years ahead of the 2050 target for carbon
neutrality agreed by governments under the Paris Agreement.
Entain has formally sent a letter of commitment to the Science
Based Target initiative ("SBTi") and is now developing its strategy
to fast-track the decarbonisation process throughout its business
around the world. In addition to reducing and offsetting emissions
within its own operations, Entain will also work with its suppliers
to decarbonise its supply chain. The Group currently has a
workforce of over 24,000, with 4,500 retail outlets and more than
20 offices across five continents.
The commitment will dramatically accelerate the already
significant progress that Entain has made in reducing its emissions
by 15% between 2018-2021. These efforts have seen the Group achieve
the Carbon Trust Standard for Carbon in the UK, reflecting Entain's
effectiveness in responding to climate change through governance,
carbon accounting, and carbon management.
Commenting on the commitment, Entain CEO Jette Nygaard-Andersen
said:
"This is an ambitious and critically important commitment that
we are making today, and one that I am proud to make on behalf of
our people around the world. We have a strong culture of behaving
ethically and responsibly in everything that we do, and we know
that as a large global business we have a duty to do everything
that we can to help tackle the climate crisis."
More broadly, today's announcement underlines Entain's approach
to operating responsibly across all aspects of its business, and to
its adherence to the very highest standards of environmental,
social and governance-related behaviour:
-- In addition to the launch of its Sustainability Charter in
November, Entain also recently retained its position as a member of
both the Dow Jones Sustainability Index for Europe ("DJSI") and the
FTSE4Food Index Series.
-- The Group has an inclusive culture, and employs a more
diverse selection of people than ever before. Its efforts in this
regard have been recognised by the EGR Diversity & Inclusion
awards
-- Following the recently announced appointments of Stella David
and Vicky Jarman to the Board of Entain, there will be 40% female
representation at Board, with Jette Nygaard-Andersen one of only a
small number of female CEOs in the FTSE 100
-- T he Group is proud to be able to contribute to the wider
communities in which it operates, through the Entain Foundation,
which is committed to donating GBP100 million over five years,
including our new Pitching In programme that supports grass roots
sports and sports people
ENDS
Enquiries:
Investor Relations
Entain plc investors@entaingroup.co m
David Lloyd-Seed, Group Director of Investor Relations & Corporate Communications
david.lloyd-seed@entaingroup.com
Media
Entain plc
Jay Dossetter, Head of ESG and Press Office j ay.dossetter@entaingroup.com
Powerscourt Tel: +44 (0) 20 7250 1446
Rob Greening / Elly Williamson entain@powerscourt-group.com
About Entain plc
Entain plc (LSE:ENT) is a FTSE100 company and is one of the
world's largest sports-betting and gaming groups, operating both
online and in the retail sector. The Group owns a comprehensive
portfolio of established brands; Sports Brands include bwin, Coral,
Crystalbet, Eurobet, Ladbrokes, Neds and Sportingbet; Gaming Brands
include CasinoClub, Foxy Bingo, Gala, Gioco Digitale, partypoker
and PartyCasino. The Group owns proprietary technology across all
of its core product verticals and in addition to its B2C operations
provides services to a number of third-party customers on a B2B
basis. The Group has also entered into a joint-venture with MGM
Resorts to capitalise on the sports-betting and gaming opportunity
in the US. The Group is tax resident in the UK with licenses in
more than 20 countries, across five continents.
For more information see the Group's website:
www.entaingroup.com
About the SBTi
The Science Based Targets initiative (SBTi) is a joint
initiative between CDP, UN Global Compact, the World Resources
Institute, and World Wildlife Fund, aiming to catalyse change
towards a net-zero economy by driving the adoption of GHG emission
reduction targets in the corporate sector that are consistent with
the ambition required to keep temperature increase well-below
2degC. Over 1,000 of the world's largest and most influential
companies have joined the Science Based Targets initiative to
date.
Visit www.sciencebasedtargets.org to find out more.
LEI: 213800GNI3K45LQR8L28
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