SKYCITY recognises the urgency for action against a changing climate. The company supports Adelaide’s ambitious plan to be a carbon neutral city and aims to work closely with the City of Adelaide and the Government of South Australia on a carbon neutral journey.
SKYCITY has owned and operated Adelaide Casino since 2000. An expansion is occurring in 2019, with a new hotel under construction in the riverbank precinct, including several restaurants and bars.
SKYCITY is the first hospitality business in Oceania to set science-based targets to undertake activities that will help keep the rise in global temperature to well below 2 degrees. SKYCITY has committed to reduce scope 1 and 2 greenhouse gas emissions to 38% by 2030 and 73% by 2050 from a 2015 base year. The company also commits that 67% of its suppliers by spend will set science-based targets by 2023, covering purchased goods and services and capital goods.
To ensure targets are met, SKYCITY has placed a price on carbon, an internal levy at $25 per tonne of carbon emitted, in line with the New Zealand government’s price on carbon under the Emissions Trading Scheme. One quarter of the funds derived from the levy will be used to go carbon neutral by 2021 with the remaining three quarters of the fund going towards a Green Fund to be used to finance carbon reduction projects at all SKYCITY properties. SKYCITY has also committed to match the amount spent by staff to voluntarily offset their personal carbon footprints from the Green Fund contribution.