Bally’s presents environmental, social, and governance strategy

Bally’s Corporation announced that it will create an environmental, social and governance (ESG) committee.

US.- Bally’s Corporation has presented its environmental, social and governance (ESG) strategy update. It will create an ESG committee chaired by Robeson Reeves. The committee will be in charge of future ESG strategies and goals and will oversee Bally’s practices to evaluate and identify ESG risks and impacts.

Reeves, who is president of Bally’s interactive division, will work alongside Bally’s chair Soo Kim and chief executive Lee Fenton. Independent director Wanda Y Wilson will also join the committee.

“Bally’s is committed to expanding its role as a responsible leader in the gaming industry, serving as an integral partner in the communities in which we operate, and providing transparency to our investors and other stakeholders on ESG topics,” Reeves said. “Our recent accomplishments represent the first, important steps towards achieving this goal, and I look forward to providing updates as additional progress is made.”

Bally’s alse announced the company has completed a business-wide sustainability audit, which it said will inform its ESG strategy. It’s also set to publish a number of sustainability metrics, including statistics about energy consumption, responsible gambling stats and metrics about its anti-money laundering controls. At the start of the next quarter, the company will be reporting under the UN Social Development Goals framework.

Bally’s has also launched “Game in Good Hands,” an initiative that promises users a “trustworthy, rewarding and responsible brand portfolio.” It has also increased the amount of funding it will provide to the Bally’s Foundation, which donated $3m to mental health causes in 2021.

See also: Bally’s forms special committee to assess $2bn takeover bid