Wynn Achieves Remarkable Results in Two CUHK Business Sustainability Indices
Wynn was recently ranked among top 10 enterprises in the fourth Greater China Hotel Business Sustainability Index (Hotel BSI) and top 20 enterprises in the fifth Greater Bay Area Business Sustainability Index (GBABSI) in the Business Sustainability Indices (BSI) 2024 assessment conducted by the Chinese University of Hong Kong (CUHK). These remarkable rankings are a recognition of Wynn's efforts and achievements in advancing sustainable development.
Since its launch in 2015 by the CUHK Business School's Centre for Business Sustainability, the BSI offered a framework that supports companies in driving their sustainability strategy and promotes business practices that contribute to positive social and environmental impact. The Hotel BSI aims to promote corporate social responsibility and business sustainability and encourage enterprises to continuously enhance their fulfillment of social responsibility. The jury evaluates the sustainability performance of enterprises in the four aspects of corporate values, process (management and practice), and impact. Wynn has ranked among the top 10 enterprises for three consecutive years. This year, Wynn's Hotel BSI score increased over 32% compared to the first year and was positioned as 26% above the average score of all the participating companies, which demonstrates Wynn's determination in its pursuit of higher operational efficiency and enhanced sustainability.
Moreover, the GBABSI mainly encourages and supports enterprises to thrive in a responsible and sustainable manner so that they may contribute toward the sustainable development of the Greater Bay Area. Wynn has ranked among the top 20 companies in the GBABSI assessment for three consecutive years with a score 18% higher than the average of other participating enterprises. Hitting the list once again this year is a testimony of Wynn's continuous investment and progress in the field of environmental, social and governance, making Wynn a role model of Greater Bay Area enterprises.
For years, Wynn has actively implemented and strengthened its sustainable development strategies by introducing new technologies in support of sustainability. These efforts include becoming the first integrated resort in Macau to recycle shredded playing cards locally and pioneering the introduction of the automated water refilling system, Nordaq 2000 and the food waste management system powered by artificial intelligence, Winnow Vision to Macau which have significantly reduced the use of plastic bottles and food waste. Wynn has also extended its environmental protection plans and philosophy into the community. In the future, Wynn will continue to enhance operational efficiency and strengthen its environmental, social and governance policies and initiatives, such as supporting local suppliers and SMEs, facilitating talent cultivation and development, and promoting eco-friendly applications and innovation, thus enhancing its fulfillment of corporate social responsibility and contributing toward Macau's longterm sustainable development.
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