From March 9 to April 1, Marina Bay Sands featured 22 sustainable light art installations created by artists all around the world for “i Light Marina Bay” around the Marina Bay waterfront. As Asia’s leading sustainable light art festival organized by the Urban Redevelopment Authority of Singapore, these installations reinforced the property’s position as a sustainable precinct.
As bottom-up investors, our process starts at the company level. We subject all candidates for inclusion in our high-conviction portfolios to rigorous fundamental analysis and peer review. ESG analysis is embedded in this assessment, influencing key assumptions such as the cost of capital, revenues and expenses. From this we can seek to estimate a company’s intrinsic value.
On March 22, Sands Cares, the company’s global corporate giving program, partnered with the United Way of Southern Nevada to sponsor Nevada’s Big Give. Since 2011, thousands of Nevadans have participated in the 24-hour online crowdfunding event that was created to rally together community support for Nevada’s charitable causes. In total, $631,153 was raised by 4,360 individual donors that benefitted 235 nonprofits.
The Arbor Day Foundation announced today the beginning of its spring tree planting initiatives through its Energy-Saving Trees and Community Canopy programs. Through these two community-based homeowner education programs more than 30,000 trees will be distributed by 50 partners across the United States bringing the total number of trees planted on homeowner’s properties free of charge over the last three years to more than 250,000.
Sands Cares, the global corporate giving program of Las Vegas Sands Corp., The Venetian and The Palazzo, donated $50,000, $25,000 per year over the next two years, to help fund the operating costs of local philanthropic organization, Mondays Dark. Twice a month, Mondays Dark gathers stars from Hollywood and the Las Vegas Strip, musical acts, comedians, athletes, and the occasional celebrity chef, for 90 minutes of conversation and entertainment. Its mission is to raise $10,000 per performance for a rotating roster of Las Vegas charities.
There is no denying that our modern lives are taking a toll on all of the earth’s natural cycles, whether carbon, resource, or biological. When we look at the carbon cycle, global greenhouse gas (GHG) emissions have grown by nearly 80% since 1970, and atmospheric concentrations of the major greenhouse gases are at their highest level in 800,000 years.