MGM Resorts International, one of the leading hospitality and entertainment companies in the world, has recently announced their commitment to increasing their use of solar energy at their properties. The company has set a goal to contract for more solar energy from a new farm by 2026, in an effort to reduce their carbon footprint and promote sustainability.
The new farm, which will be located in a yet-to-be-disclosed location, will be dedicated solely to providing clean, renewable energy to MGM’s properties. This investment in solar energy is part of the company’s broader strategy to reduce their environmental impact and transition to a more sustainable business model. It is estimated that the new farm will generate enough energy to power several of MGM’s flagship properties, including their iconic Las Vegas resorts.
MGM’s commitment to increasing their use of solar energy comes at a time when companies across industries are recognizing the importance of reducing their greenhouse gas emissions and mitigating the impacts of climate change. With a growing focus on corporate sustainability, many businesses are seeking ways to incorporate renewable energy into their operations. MGM’s decision to expand their use of solar energy reflects their dedication to being a leader in environmental stewardship and promoting sustainable practices within the hospitality industry.
In addition to their investment in solar energy, MGM has also implemented a number of other sustainability initiatives across their properties. This includes reducing water consumption, increasing recycling efforts, and implementing energy-efficient technologies. The company has set ambitious goals for reducing their carbon footprint and has made significant progress in achieving these targets.
MGM’s commitment to sustainability has not gone unnoticed by industry experts and environmental advocates. The company has received numerous awards and accolades for their environmental efforts, including being recognized as a leader in corporate sustainability by the Dow Jones Sustainability Index. With their latest announcement to contract for more solar energy from a new farm by 2026, MGM is further solidifying their position as a leader in sustainable business practices.
As MGM continues to prioritize sustainability and renewable energy, other companies in the hospitality industry are likely to follow suit. By investing in clean energy sources such as solar power, businesses can reduce their environmental impact, lower their operating costs, and demonstrate their commitment to a more sustainable future. MGM’s decision to contract for more solar energy from a new farm by 2026 is a significant step towards achieving these goals, and sets a positive example for the industry as a whole.