Entain PLC (LON:ENT) has committed to becoming net zero for greenhouse gas emissions by no later than 2035, both in its own operations and across its supply chain.
The sports betting and gambling firm currently has a workforce of over 24,000, with 4,500 retail outlets and more than 20 offices across five continents.
READ: Entain raises offer for Enlabs by a third to quell objections
Earlier this week, gaming software developer Gamesys Group PLC (LON:GYS) announced it received carbon neutral certification from the Carbon Trust.
In its final results, the group said it has started the year with good momentum and in line with expectations, while it hopes to see normality returning over the coming months.
BetMGM, the joint venture with MGM Resorts, is now live in 12 states with market share up around 18% in the three months to the end of January.
The bookmaker, which owns Ladbrokes, Coral and Sportingbet, also gained market share in Australia, Brazil, Georgia and Italy, and is planning to further expand into regulated markets with the launch of bwin in Colombia and planned acquisitions of Bet.pt in Portugal and Enlabs in the Baltics.
Shareholder and regulatory approval is still pending for the £316mln offer for Enlabs, though it has been given the nod from owners of 51% of its shares.
To help improve its ESG credentials, Entain committed to only operate in regulated markets by 2023 and launched a new programme to enhance player protection.
It also established a £100mln Entain Foundation to support research into gaming safety and investment in communities.
In the year ending December 31, revenue was flat at £3.5bn, with underlying earnings (EBITDA) rising 11% to £843mln compared with 2019.
However, full-year revenues for BetMGM came in at US$178mln (£127mln), which was ahead of expectations.
The board did not propose a dividend because of COVID-19 uncertainty.
Analysts at Peel Hunt noted that there was no specific detail on the current or expected drag from German regulatory change in the results, though they reiterated the 'buy' recommendation based on strong growth.
Shares dipped 2% to 1,427.5p on Thursday at the opening bell.
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