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International Game Technology Achieves Improved ESG Score

International Game Technology PLC (NYSE: IGT) recently announced an impressive improvement in its Environmental, Social, and Governance (ESG) score, receiving a rating of 4.3 out of 5.0 from FTSE Russell. This remarkable score positions IGT in the top 3% within the Travel and Leisure sector, a significant enhancement from the previous score of 4.2 in 2023. This result reflects the company's unwavering dedication to advancing its sustainability practices and leadership in the gaming industry.

Wendy Montgomery, Senior Vice President of Marketing, Communications, and Sustainability at IGT, commented on this achievement, stating, "As a company committed to continually elevating our sustainability practices and leadership, IGT is proud to once again achieve an improved ESG score from FTSE Russell." This statement highlights IGT’s commitment to integrating sustainability into its core operations through its global Sustainable Play program, which comprises a range of sustainable practices and policies throughout the organization. Montgomery emphasized that this improved score is a validation of IGT's ongoing commitment to enhancing its ESG performance.

The evaluation process for FTSE Russell's ESG scores involves comprehensive assessments based on more than 300 individual indicators. These scores are designed to provide investors with a nuanced understanding of a company's management and exposure to various ESG issues. By aligning the scoring system with the United Nations Sustainable Development Goals (SDGs), FTSE Russell's ESG framework ensures that companies are evaluated on their adherence to critical sustainability principles.

IGT's focus on ESG principles is not merely a response to increasing regulatory pressures, but rather a fundamental aspect of its business strategy. As a global leader in gaming, IGT is dedicated to providing entertaining and responsible gaming experiences across various platforms—including lotteries, gaming machines, and digital channels. With substantial investments in innovation, player insights, and cutting-edge technology, IGT is committed to delivering unrivaled gaming experiences that satisfy players and drive growth across its operations.

The company has a robust local presence and maintains relationships with governments and regulators in over 100 jurisdictions worldwide. This extensive network enables IGT to create value while adhering to the highest service standards, integrity, and responsibility.

For stakeholders interested in learning more about IGT's global sustainability initiatives, further information can be found on the company's official website, IGT.com, or through its LinkedIn page.

Looking Ahead

The upward trend in IGT's ESG scores positions the company favorably in an increasingly competitive industry that prioritizes corporate responsibility and sustainable practices. As consumer awareness regarding environmental and social issues continues to rise, businesses like IGT that successfully embed these values into their operations are likely to gain a competitive edge.

In conclusion, IGT's enhanced ESG score is not only a testament to its commitment to sustainable practices but also serves as a clarion call to other companies within the gaming sector. By prioritizing ESG initiatives, IGT is paving the way for a more responsible gaming industry that values sustainability alongside profitability. Investors and consumers alike should observe how IGT leverages this momentum to further enhance its sustainability practices in the future.