PENN Entertainment Releases 2023 Corporate Social Responsibility Report

PENN Entertainment, Inc., a prominent provider of integrated entertainment, sports content, and casino gaming experiences in North America, has published its 2023 Corporate Social Responsibility (CSR) report. The full report is now available on the corporate responsibility page of the Company’s website.

The CSR report outlines PENN’s Environmental, Social, and Governance (ESG) initiatives, which encompass support for its team members, contributions to local communities, and efforts to advance sustainability practices aimed at reducing the Company’s environmental impact.

Key highlights from PENN’s 2023 CSR Report include:

Donated over $8 million to local charities and generated more than $17 million in economic development grants. Contributed over $750,000 to Veteran and military-support focused nonprofit organizations, including the establishment of a new military scholarship at Penn State Berks. PENN team members volunteered more than 9,500 hours to support various charitable causes.

Implemented a new Diverse Vendor Incubator Program and surpassed goals for diverse vendor procurement, with a total spend exceeding $108 million. Introduced “PENN Women,” an employee resource group aimed at fostering inclusivity and providing mentorship opportunities at all levels of the company.

Enhanced sustainability efforts, including the completion of the Company’s first Scope 3 greenhouse gas (GHG) emissions inventory review, updates to Scope 1 and 2 assessments, and the establishment of a GHG reduction goal as part of PENN’s commitment to climate footprinting.

Through its comprehensive CSR initiatives, PENN Entertainment demonstrates its commitment to social responsibility, environmental stewardship, and supporting the well-being of its team members and communities.

Jay Snowden, CEO and President of PENN Entertainment commented: “I want to thank our Board’s Nominating and Corporate Governance Committee, as well as our internal ESG and Diversity Committees, for continuing to raise the bar in terms of supporting our team members, investing in our local communities and growing our sustainability practices across our Company. I couldn’t be more proud of what we accomplished last year and look forward to continuing to explore ways to make an even greater impact by supporting the causes that are most important to our team members, customers, and key stakeholders.”