GlobalData offers a comprehensive analysis of Sun International, providing key insights into its Environmental, Social, and Governance(ESG) factors. By closely monitoring and aggregating mentions of Net Zero and associated ESG keywords, GlobalData delivers valuable information on Sun International‘s ESG performance. GlobalData’s company profile on Sun International offers a 360-degree view of the company, SWOT analysis, key financials, and business strategy including insights on ESG implementation among other information. Buy the report here.
Sun International, a hospitality and gaming company, has set absolute carbon emission reduction targets using the Equity Method proposed by Promethium Carbon in 2018. Sun International latest filings mentioned the keywords ‘Emissions’ and ‘Climate Change’ most number of times in relation to Net Zero.
The company aims to achieve net-zero emissions by an undisclosed year and is reviewing its Scope 1 and 2 emission targets in 2023 while setting Scope 3 emission targets. The company has taken steps to reduce its environmental impact, including recycling 451.817 tonnes of plastic in 2022 and shifting from single-use to reusable packaging to eliminate plastic pollution. Sun International has also invested in effective waste management, which can reduce operational and capital costs through improved efficiencies and provide new input sources.
Water pollution is a concern for Sun International, and the company aims to report the total water discharge to all areas in megalitres, the list of priority substances of concern for which discharges are treated, and the number of incidents of non-compliance with discharge limits. The company recognizes that pollutant emissions in densely populated areas are particularly harmful due to the large number of people affected and the higher level of ambient pollution. Sun International's reporting is aligned with global initiatives on sustainability/ESG and climate change disclosure, including the IFRS Exposure Drafts on Sustainability-related Financial Information (IFR S1) and Climate-related Disclosures (IFR S2), the Value Reporting Foundation's Integrated Reporting Framework, the GRI Sustainability Reporting Standards, and the Taskforce on Climate-related Financial Disclosures (TCFD) recommendations.
In conclusion, Sun International's sustainability reporting guideline specifies definitions and guidance for reporting sustainability information, and the company has undergone assurance procedures to ensure the accuracy of its reporting. The company's assurance methodology included testing the measurement, collection, aggregation, and reporting processes in place. Sun International's scope of the subject matter for moderate assurance in accordance with the AA1000AS assurance standard includes key performance indicators such as total Scope 1 and Scope 2 greenhouse gas (GHG) emissions, total volume of freshwater withdrawal, and total volume of water discharged.