LAS VEGAS, NV (June 28, 2016) MGM Resorts International (NYSE: MGM) was named today as one of America's most community-minded companies by Points of Light, the largest organization in the world dedicated to volunteer service. The company was recognized through the Civic 50, an annual survey used to identify and recognize companies for their commitment to improving the quality of life in the communities where they do business.
Winners were announced at the Points of Light conference held today in Detroit, MI, where leaders in volunteerism and civic engagement gathered to discuss social innovation, cross-sector collaboration and citizen engagement.
"We are extremely honored to be recognized among the Civic 50. Our communities provide the critical framework for our business operations and the social infrastructure for our employees," said Phyllis A. James, executive vice president and Chief Diversity and Corporate Responsibility Officer. "For us, financial donations and volunteer service to our communities are not only a moral obligation that our company and our employees share, but also a vital part of our business imperatives."
Civic 50 applicants were evaluated based on several criteria, including:
o The quantity and impact of financial and human resources applied to civic improvement
o Whether internal and external resources are activated to maximize community impact
o How a company’s community engagement activities support its business interests
o How broadly community engagement is supported and institutionalized within a company’s policies
o Systems and incentives
o How a company measures the social and business value of its community engagement programs.
Jennifer Lawson, Executive Director of the Corporate Institute at Points of Light, said, “Since 2012, we have seen a notable shift in the results from the survey in a direction that speaks to the commitment of American companies to connect values of community service and civic engagement to the culture and operating practices of their business.”
The Civic 50 measures corporate civic engagement and recognizes companies that incorporate socially responsible practices and community leadership into their culture. A working group of leading researchers, industry thought leaders and corporate advisors provided strategic guidance on the program's objectives, including defining indicators, developing methodology, and identifying partners and participants. The Civic 50 is the only survey and ranking system that exclusively measures corporate involvement in communities. It is conducted annually by Points of Light, in partnership with Bloomberg LP.
MGM Resorts has a long history of supporting the communities in which it operates. Since 2002, MGM Resorts employees have raised more than $65 million and supported thousands of charitable organizations through the MGM Resorts Foundation. In 2015, MGM Resorts’ employees volunteered over 157,851 hours with nonprofit organizations and agencies.
To view a complete list of The Civic 50 companies for 2015 and to learn more about the importance of civic engagement in corporate America, please visit civic50.org.
About MGM Resorts International
MGM Resorts International (NYSE: MGM) is one of the world's leading global hospitality companies, operating a portfolio of destination resort brands including Bellagio, MGM Grand, Mandalay Bay and The Mirage. The Company is in the process of developing MGM National Harbor in Maryland and MGM Springfield in Massachusetts. MGM Resorts controls, and holds a 73 percent economic interest in the operating partnership of MGM Growth Properties LLC (NYSE: MGP), a premier triple-net lease real estate investment trust engaged in the acquisition, ownership and leasing of large-scale destination entertainment and leisure resorts. The Company also owns 51 percent of MGM China Holdings Limited (HK: 2282), which owns the MGM Macau resort and casino and is developing a gaming resort in Cotai, and 50 percent of CityCenter in Las Vegas, which features ARIA Resort & Casino. MGM Resorts is a FORTUNE Magazine World's Most Admired Company. For more information about MGM Resorts International, visit the Company's website at www.mgmresorts.com.
MGM Resorts International