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Our approach to sustainability

At Rank we are dedicated to ensuring we operate sustainably and we have aligned our processes and policies to international best practice as part of the strategy to build an even more resilient and responsible business.

The following report presents a summary of Rank’s ESG & Safer Gambling commitments and approach. 

Our more detailed sustainability disclosure is included in our maiden full year Sustainability Report, which includes indexes aligned to the Sustainability Accounting Standards Board (SASB) and the Global Reporting Initiative (GRI). We have included in both the Annual Report and Sustainability Report, our full disclosure in line with the recommendations of the Task Force on Climate-related Financial Disclosures (‘TCFD’). 

Materiality assessment 

To ensure that what is most material to the business is being addressed in our ESG strategy, a key first step was conducting a materiality assessment that engaged with our stakeholders.

Conducted during the 2020/21 financial year, this assessment established which issues are most important for Rank, from an internal and external perspective. The results have shaped and will continue to inform our ESG strategy.

 

ESG strategy

During the development of our sustainability strategy, it has been important to ensure that our objectives relate to and integrate with our company growth objectives. Our aim and obligation to shareholders is to be careful custodians of their investment and this review of material issues within our operations has improved our appreciation of material risks, aiding our management and mitigation of potential issues to preserve value in our organisation.

We have established four key focus areas which feed into the overarching Group strategic pillars and are therefore integrated with our corporate strategy. Each focus area has underlying objectives and key material issues. We have also started to define a range of associated ESG-related key performance indicators on which to measure our progress.

 

What this means

To deliver an exciting and entertaining experience, we require a workforce of engaged and motivated employees.

We have engaged with our utility suppliers, fleet managers and carbon consultants to understand where we can make CO2 savings across our operations.

Through our venues, we connect with a wide range of communities and have the ability to positively impact socio-economic standards, through jobs, tax payments and charitable donations.

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