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Penn Entertainment, formerly known as Penn National Gaming, is a leading player in the recreational, cultural, and sporting services industry, headquartered in the United States. Founded in 1972, the company has evolved significantly, expanding its operations across various states and establishing a strong presence in the gaming and entertainment sectors.
Specialising in casino operations, sports betting, and online gaming, Penn Entertainment distinguishes itself through innovative offerings and a commitment to customer experience. The company operates a diverse portfolio of properties, including renowned brands like Barstool Sportsbook, which enhances its market position in the competitive landscape.
With a focus on responsible gaming and community engagement, Penn Entertainment has achieved notable milestones, solidifying its reputation as a trusted leader in the industry. Its strategic initiatives and dedication to excellence continue to drive growth and enhance its standing in the recreational services market.
-1 vs industry average
Penn Entertainment’s score of 29 is higher than 51% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Recreation and Sports Services has below-average carbon intensity
The Recreation and Sports Services industry has reduced its overall emissions by 32% since 2018
Scope 3 accounts for ••• of total emissions.
PENN Entertainment, a US-based company in the Recreational, cultural and sporting services industry, reported approximately 276.4 million kg CO2e in combined Scope 1 and 2 emissions for 2023. This comprised about 73.1 million kg CO2e from Scope 1 emissions and approximately 203.3 million kg CO2e from Scope 2 emissions.
In 2022, PENN Entertainment's total emissions were approximately 516.2 million kg CO2e. This included about 64.1 million kg CO2e in Scope 1 emissions, approximately 215.1 million kg CO2e in Scope 2 emissions, and approximately 237 million kg CO2e in Scope 3 emissions. Key Scope 3 categories included approximately 238.4 million kg CO2e from purchased goods and services, roughly 83.1 million kg CO2e from capital goods, and about 57.6 million kg CO2e from employee commute.
For 2021, the company's combined Scope 1 and 2 emissions were approximately 285.9 million kg CO2e, with Scope 1 emissions at about 58.3 million kg CO2e and Scope 2 emissions at roughly 227.6 million kg CO2e.
PENN Entertainment has set several climate commitments. They aim to reduce their Scope 1 and Scope 2 emissions to near zero by the middle of this decade, specifically targeting the period between 2023 and 2025. Additionally, the company is committed to lowering its absolute Scope 1 and 2 emissions by 25% by 2030, using a 2022 baseline.
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
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