REG - Entain PLC - Entain publishes ESG report

EntainAnnouncement

09/07/2024 09:00

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RNS Number : 6649V  Entain PLC  09 July 2024

9 July 2024

Entain plc
("Entain", the "Group")

 

Entain publishes ESG report

Entain plc (LSE: ENT), the global sports betting and gaming group, today
publishes its 2023-2024 ESG report, outlining the Group's approach to, and
performance against, our sustainability and ESG agenda and key metrics.

In 2023, Entain unveiled a new Sustainability Strategy
(https://www.entaingroup.com/media/qntdyawj/entain-esg-strategy-2024.pdf) ,
building on the progress made against its strategic sustainability
initiatives. A copy of the report can be found here.

Highlights and targets covered in the ESG report include:

Be a leader in player protection

·      Rolled out Entain's player protection programme, ARC™, for our
digital offering across 27 jurisdictions and launched ARC™ for retail in the
UK and the Republic of Ireland.

·      Contributed 1% of our Gross Gaming Yield ("GGY") in the UK to
Research, Education and Treatment (RET), totalling £18.7m.

·      Continued stakeholder education and training in the US, through
our partnership with EPIC Global Solutions, major leagues, as well as players
associations, including Major League Baseball, National Football League,
League Soccer Players Associations and the NHL Alumni Association.

Provide a secure and trusted platform

·      As of February 2023, 100% of Group revenues are derived from
regulated or regulating markets.

·      Launched a new Ethics & Compliance Charter and Strategy.

·      Revised ESG governance structure with two board-level committees
(Sustainability & Compliance and People & Governance).

Create the environment for everyone to do their best work

·      Launched Your Goals, Entain's new objective-setting programme for
colleagues.

·      Refreshed our values and related behaviours.

·      Won Innovator of the Year at the Women in Gaming Diversity Awards
for our Returnship programme with McLaren Racing.

Positively impact our communities

·      Long-term target to be net zero by 2035

o  Ambition to reduce our Scope 1, 2 and material Scope 3 emissions by 90% by
2035 (from 2020 base year).

·      Near-term targets

o  Ambition to reduce our absolute Scope 1 and 2 (market-based) emissions by
29.4% by 2027 (from 2020 base year).

o  Ambition to reduce our material Scope 3 emissions by 29.4% by 2027 (from
2020 base year).

·      Continued to purchase just under 100% of our UK and Republic of
Ireland electricity from renewable sources.

We are currently reviewing our emissions reduction targets and expect to
conclude this review and announce any resulting changes in due course.

Entain's performance has been recognised by multiple awards and endorsements
from respected, independent third parties. The Group has been awarded the
highest level of accreditation (Advanced Level 3) for its online activities
and Advanced Level 2 for its land-based activities from GamCare's Safer
Gambling Standard. Entain was one of only six UK-listed companies to achieve
Tier 1 in the 2024 CCLA Corporate Mental Health Benchmark UK 100.
 Additionally, our continued membership of the FTSE4Good Index and the Dow
Jones Sustainability Index provides further recognition of our longstanding
commitment to sustainability.

Entain's 2023-2024 ESG report is available on our website and can be accessed
here
(https://entaingroup-cms.emperordev.com/media/ss0ige53/entain-esg-report-2023-final.pdf)
.

 

Enquiries:

Investor Relations - Entain plc
 
investors@entaingroup.com (mailto:investors@entaingroup.com)

Media - Entain
plc
media@entaingroup.com (mailto:media@entaingroup.com)

Powerscourt
Tel: +44 (0) 20 7250 1446

Rob Greening/Russ Lynch/Sam Austrums
 
entain@powerscourt-group.com (mailto:entain@powerscourt-group.com)

 

 

About Entain plc

Entain plc (LSE: ENT) is a FTSE100 company and is one of the world's largest
sports betting and gaming groups, operating both online and in the retail
sector. The Group owns a comprehensive portfolio of established brands; Sports
brands include BetCity, bwin, Coral, Crystalbet, Eurobet, Ladbrokes, Neds,
Sportingbet, Sports Interaction, STS, SuperSport and TAB NZ; Gaming brands
include Foxy Bingo, Gala, GiocoDigitale, Ninja Casino, Optibet, Partypoker and
PartyCasino. The Group owns proprietary technology across all its core product
verticals and in addition to its B2C operations provides services to a number
of third-party customers on a B2B basis.

The Group has a 50/50 joint venture, BetMGM, a leader in sports betting and
iGaming in the US. Entain provides the technology and capabilities which power
BetMGM as well as exclusive games and products, specially developed at its
in-house gaming studios. The Group is tax resident in the UK and is the only
global operator to exclusively operate in domestically regulated or regulating
markets operating in over 30 territories.

Entain is a leader in ESG, a member of FTSE4Good, the DJSI and is AA rated by
MSCI. The Group has set a science-based target, committing to be carbon net
zero by 2035 and through the Entain Foundation supports a variety of
initiatives, focusing on safer gambling, grassroots sport, diversity in
technology and community projects. For more information see the Group's
website: www.entaingroup.com.

 

LEI: 213800GNI3K45LQR8L28

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