Las Vegas Named One Of The World’s Most Admired Companies

Las Vegas Sands has commended a number of awards as the company is named one of the’ world’s most admired companies’ as well as paying tribute to climate change efforts.

The company has marked the fourth straight year on Fortune’s annual list of the most admired and influential firms, and the seventh in the last eight, based on input from peers, experts and industry leaders.

When designing the list, Fortune partnered with partner Korn Ferry Hay Group on a corporate credibility survey that included nominee companies from an initial pool of the biggest US firms.

Korn Ferry asked executives, directors and analysts to rate companies in their own industry on nine criteria for the final list of best-respected companies in 52 industries, from investment value and management and product quality to social responsibility and the ability to attract talent.

Sheldon Adelson, chairman and chief executive officer of Las Vegas Sands said: “Being included among the top companies in the world, year after year, is a testament to our innovation in the integrated resort business, consistently solid operational execution and financial performance and, especially, our reputation as being a good corporate citizen committed to making the communities in which we operate better places to live and work.

“Thanks to the strength of our leadership team and our team members’ unwavering commitment to delivering on the company’s plans and programs, Sands has built an enduring reputation as a global hospitality and business leader.”

In addition, CDP, the international non-profit environmental disclosure website, has also listed LVS on the Climate Change A List as a pioneer for the fifth year in a row, a distinction held by only 2% of disclosing businesses.

Via Sands ECO360, the global sustainability system for the company, Sands has committed to several environmental measures across its land-based portfolio, all of which contributed to its positioning.

“The CDP provides a comprehensive framework that continues to inspire us to become leaders in our industry and provide guidance for strategic direction,” commented Katarina Tesarova, senior vice president of global sustainability at Las Vegas Sands.

“Among the thousands of companies that were scored this year, Sands is one of a very small number from around the world to make the A List. We’re proud to be recognised, and we will continue to work towards additional reduction of our environmental impact.”