Entain witnesses emissions reduction in 2021-22 ESG report
Entain has witnessed a 7% reduction in absolute GHG emissions from 2020, as well as revealing a majority of its revenue stems from domestic regulated markets.
Publishing its 2021-22 ESG report, which sets out the firm’s approach to, and performance on, sustainability and ESG related issues, the operator revealed that, alongside the aforementioned, its UK and Republic of Ireland retail estates ran on 100% renewable energy.
Jette Nygaard-Andersen, Entain’s CEO, stated: “We have continued to make great progress on all areas of ESG, which is fully-embedded throughout all of our operations.
“We are committed to providing the safest possible betting and gaming platform, taking a leading role in supporting the communities in which we operate, reducing our environmental impact and in doing so, making Entain the best place to work for all of our people.
“By delivering on this ambition, we will create long-term, sustainable growth for all of our stakeholders.”
In 2021 over 99% of Entain’s revenues came from domestically regulated and regulating markets. Moreover, the company revealed that it has increased the number of domestically regulated jurisdictions in which it operates to 31, as well as stating that it exited 10 markets where, it stated, the firm “did not see a pathway” to sustainable regulation through to Q1 2022.
In addition, the report highlights the company’s progress in safer betting and gaming by detailing its Advanced Safer Gambling Standard awarding by GamCare, updating its ARC player protection programme roll-out across all UK online products, with trials being introduced to international markets this year.
Furthermore, Entain noted the launch of its multi-million-pound diversity and inclusion project, entitled EnTrain, which aims to reach one million people by 2030.
Regarding its impact on the environment, the firm revealed that, since 2020, it has witnessed a seven per cent reduction in absolute GHG emission, with 100 per cent renewable energy in the UK and Republic of Ireland retail estates.
Moreover, Entain has developed a near-term science-based greenhouse gas reduction target, for verification by the Science-Based Targets initiative. Additionally, it has reiterated its commitment to its net-zero aim targeting carbon emissions by 2035, which will be verified by the SBTi.
The report also provides a further update from that delivered at Entain:Sustain in November 2021, the industry’s first sustainability and ESG focused event.