Penn Entertainment reports “significant progess” in its CSR efforts in latest annual report

Penn Entertainment has published its 2022 Corporate Social Responsibility (CSR) report. The company reported “significant progress” in its efforts throughout the year to improve upon its responsible gaming awareness efforts, environmental conservation initiatives, and goals toward increasing diversity and inclusion. 

The document outlines Penn’s achievements, including completing the first Scope 1 & 2 Greenhouse Gas Emissions Inventory and the first Sustainability Accounting Standards Board (SASB) aligned disclosure; expanding the STEM Scholarship Program in collaboration with Historically Black Colleges and Universities (HBCUs), and contributing $7.6 million, team members giving 8,000 hours of service to local charitable organizations in communities.

Additionally, the company finished a mandatory in-house diversity training program designed for all its team members during the year and further developed a data-driven framework that enables the company to track and compile ESG efforts. This year, the company started using ESG metrics as part of its long-term executive compensation program. 

According to the report, Penn Interactive became the first US operator to voluntarily complete the comprehensive responsible gambling accreditation programs known as RG Check from the Responsible Gambling Council (RGC).

Jay Snowden

Jay Snowden, CEO and president of Penn Entertainment, said: “I am proud of the significant progress we made last year in growing our CSR efforts in the areas that matter most to our team members, customers, community partners, and key stakeholders.”

In the year ahead, we are committed to continuing to advance our CSR priorities through the ongoing creation of new and sustainable initiatives that reflect our unique PENN culture and are at the heart of our company’s core values,” he concluded.

Last week, the company announced the launch of PENN Play, an enhanced customer loyalty program expected to better serve the gambling operator’s 26 million members. The new program is set to empower customers with expanded options to earn and redeem rewards across the firm’s portfolio of brands. 

PENN Play replaces the former mychoice branded program and further connects the company’s brands under one loyalty scheme