Wynn Resorts, officially known as Wynn Resorts, Limited, is a premier player in the hotel and restaurant services industry, headquartered in the United States. Founded in 2002 by Steve Wynn, the company has established itself as a leader in luxury hospitality, primarily operating in Las Vegas and Macau.
Wynn Resorts is renowned for its opulent hotels and world-class dining experiences, offering unique amenities that set it apart from competitors. The company’s flagship properties, Wynn Las Vegas and Encore, are celebrated for their exquisite design and exceptional service.
With a commitment to sustainability and responsible tourism, Wynn Resorts has garnered numerous accolades, solidifying its market position as a top choice for discerning travellers seeking unparalleled luxury and entertainment.
+8 vs industry average
Wynn Resorts’s score of 33 is higher than 55% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Hospitality has typical carbon intensity
Industry performance
The Hospitality industry has reduced its overall emissions by 36% since 2018
Emissions trajectory 2020 – 2026
Reported emissions
Scope 3 accounts for ••• of total emissions.
Wynn Resorts's reported carbon emissions
Wynn Resorts, a hotel and restaurant services company headquartered in the US, has been reporting its carbon emissions. In 2023, the company reported Scope 1 emissions of approximately 12,383,000 kg CO2e and Scope 2 emissions of approximately 148,375,000 kg CO2e. For 2022, Scope 1 emissions were around 10,377,000 kg CO2e, and Scope 2 emissions were about 137,440,000 kg CO2e. In 2021, Scope 1 emissions were approximately 10,998,000 kg CO2e, with Scope 2 emissions at about 193,466,000 kg CO2e.
Prior to 2021, the reporting structure and scope of emissions data varied. In 2020, total emissions were approximately 188,193,000 kg CO2e, comprising Scope 1 of about 9,121,000 kg CO2e and Scope 2 of approximately 179,072,000 kg CO2e. In 2019, total reported emissions were about 298,364,000 kg CO2e, with Scope 1 at approximately 193,213,000 kg CO2e and Scope 2 at roughly 105,151,000 kg CO2e.
From 2015 to 2018, Wynn Resorts reported Scope 1 and Scope 3 emissions. For instance, in 2018, Scope 1 emissions were approximately 564,320,000 kg CO2e, and Scope 3 emissions were about 664,290,000 kg CO2e. In 2017, Scope 1 emissions were approximately 508,295,000 kg CO2e, with Scope 3 at roughly 609,815,000 kg CO2e. The year 2016 saw Scope 1 emissions of about 532,005,000 kg CO2e and Scope 3 emissions of approximately 407,123,000 kg CO2e. In 2015, Scope 1 emissions were around 526,930,000 kg CO2e, and Scope 3 emissions were approximately 290,720,000 kg CO2e.
Wynn Resorts has established several climate commitments. The company aims to reduce its Scope 1 and Scope 2 emissions to near zero by 2025. Additionally, they are working to stop and reverse the year-over-year growth of operational carbon dioxide (CO2) emissions by 2030, with a long-term goal of achieving Net-Zero by 2050. They also plan to increase renewable energy procurement to at least 50% of total consumption by 2030. The company reported a 36.6% decrease in total GHG emissions for both Scope 1 and Scope 2 in 2023 compared to 2019 pre-pandemic levels. Notably, Scope 3 emissions data has not been consistently disclosed in recent years, with purchased goods and services and employee commute being identified as missing data points.
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Wynn Resorts’s Climate Goals (2030 & 2050)
7 goals2023
36.6% reduction in Scope 1
Total GHG emissions (t CO2 e) decreased by 36.6%* Compared to 2019 (Pre-pandemic level)
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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Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Emissions comparison with industry peers
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Wynn Resorts
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