Consumer Discretionary
MGM Resorts International (MGM)
Data as of July 8, 2026
Environment story
The 10-K provides no quantified Scope 1/2/3 emissions data, renewable electricity percentage, or a disclosed net-zero target year, which under the scoring rubric results in penalties for non-disclosure on both emissions trajectory and decarbonization timeline. The filing explicitly flags water scarcity and climate change as material operating risks for its desert-based Las Vegas Strip portfolio, but does not disclose fines, toxic-waste incidents, or mitigation capital expenditures. This is informational research and does not constitute financial advice.
Criticisms on file
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Water scarcity risk disclosed as a material factor that could negatively impact operations, particularly for Las Vegas Strip resorts located in a desert climate.Source: MGM_10k.txt — Risk Factors, 'Water scarcity could negatively impact our operations'
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Extreme weather and climate change disclosed as a risk that may cause property damage or interrupt business.Source: MGM_10k.txt — Cautionary Statement Concerning Forward-Looking Statements
Disclosed initiatives
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Environmental Stewardship PillarCorporate Responsibility framework names 'investing in environmental stewardship' as one of four strategic pillars with board-level oversight for over a decade.
Social story
MGM discloses a large unionized workforce (~37,000 of U.S. employees under collective bargaining agreements) with no documented strikes or union-suppression activity in the reporting period; several CBAs are set to expire in 2026 with negotiations pending. Executive leadership diversity is limited, with only one of five named executive officers being a woman (20%), falling below the 30% threshold. CEO-to-median-worker pay ratio is not disclosed in this filing. Supply-chain human-rights exposure (e.g., conflict minerals) is not applicable to MGM's hospitality/gaming operating model. This is informational research and does not constitute financial advice.
Criticisms on file
No material criticisms on file for this pillar.
Disclosed initiatives
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GameSense Responsible Gaming ProgramEnterprise-wide responsible gambling education and machine-learning risk-profiling tools (LeoSafePlay) to detect at-risk gaming behavior.Reduces problem-gambling harm exposure
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World of Wellbeing (WOW) & Enhanced EAPHolistic employee wellness program covering physical, emotional, financial, and community pillars; new virtual physical therapy and enhanced mental health EAP benefits.
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Tuition Reimbursement & Education PartnershipsPartnership with Nevada System of Higher Education for free online degree completion plus student loan debt repayment support.
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MGM Resorts FoundationEmployee Emergency Grants, Community Grants, and a Matching Gifts program (est. 2021) for charitable donations.
Governance story
The filing shows a single-class common stock structure with no dual-class supermajority voting disclosed. Board independence percentage is not disclosed in this excerpt. The company discloses ongoing state regulatory investigations tied to a September 2023 cybersecurity incident, which represents an active consumer-protection/data-privacy regulatory exposure. No antitrust or financial-fraud consent decrees are disclosed. Lobbying activity referenced relates to state-level gaming-expansion advocacy rather than explicit climate or consumer-protection deregulation. This is informational research and does not constitute financial advice.
Criticisms on file
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September 2023 cybersecurity incident remains subject to state regulator investigations and potential legal proceedings, with uncertainty regarding availability of insurance proceeds.Source: MGM_10k.txt — Cautionary Statement Concerning Forward-Looking Statements
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Active state-level lobbying for gaming-expansion legislation disclosed in Texas, North Carolina, and Georgia.Source: MGM_10k.txt — Risk Factors, competition section
Disclosed initiatives
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Board-Level Corporate Responsibility OversightBoard-level oversight of Corporate Responsibility efforts maintained for over a decade.
These are Missionomics' own editorial scores — directional signals built from disclosed facts under a published method, not certifications or definitive ratings of MGM Resorts International. Coverage and confidence vary by data point, and figures can lag real-world changes. Read the full Methodology for sourcing, scoring, and correction details — or open MGM Resorts International in the app for interactive charts and portfolio building.
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