{"id":712034,"date":"2022-11-15T13:00:15","date_gmt":"2022-11-15T18:00:15","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/vail-resorts-is-on-track-to-achieve-zero-net-operating-footprint-by-2030-announces-it-met-100-renewable-electricity-goal-in-new-progress-report\/"},"modified":"2022-11-15T13:00:15","modified_gmt":"2022-11-15T18:00:15","slug":"vail-resorts-is-on-track-to-achieve-zero-net-operating-footprint-by-2030-announces-it-met-100-renewable-electricity-goal-in-new-progress-report","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/vail-resorts-is-on-track-to-achieve-zero-net-operating-footprint-by-2030-announces-it-met-100-renewable-electricity-goal-in-new-progress-report\/","title":{"rendered":"Vail Resorts is on Track to Achieve Zero Net Operating Footprint by 2030; Announces it Met 100% Renewable Electricity Goal in New Progress Report"},"content":{"rendered":"<div class=\"xn-newslines\">\n<p class=\"xn-distributor\">PR Newswire<\/p>\n<\/p><\/div>\n<div class=\"xn-content\">\n<p>\n        <span class=\"legendSpanClass\"><br \/>\n          <span class=\"xn-location\">BROOMFIELD, Colo.<\/span><br \/>\n        <\/span>, <span class=\"legendSpanClass\"><span class=\"xn-chron\">Nov. 15, 2022<\/span><\/span> \/PRNewswire\/ &#8212; As the 2022\/23 ski and ride season gets underway in the northern hemisphere, and with climate change in sharp focus, the industry leader in sustainability, Vail Resorts, today releases its <a href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3710494-1&amp;h=1007099923&amp;u=https%3A%2F%2Fepicpromise.com%2Fmedia%2F2299%2Fepicpromise_2022progressreport_final_3-compressed.pdf&amp;a=fifth+annual+Progress+Report\" target=\"_blank\" rel=\"nofollow noopener\">fifth annual Progress Report<\/a>\u00a0outlining the progress the company has made towards reaching a zero net operating footprint by 2030. Vail Resorts is ahead of schedule to meet its emissions goals, and is on track to reach zero waste to landfill and zero net operating impact on forests and habitat to achieve a zero net operating footprint by 2030.<\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder1\">\n<p>\n          <a href=\"https:\/\/mma.prnewswire.com\/media\/1947799\/Vail_Resorts___Fifth_Annual_Progress_Report.html\" target=\"_blank\" rel=\"nofollow noopener\"><br \/>\n            <img decoding=\"async\" src=\"https:\/\/mma.prnewswire.com\/media\/1947799\/Vail_Resorts___Fifth_Annual_Progress_Report.jpg\" title=\"Vail Resorts issues its fifth annual Progress Report; remains on track to reach zero net operating footprint by 2030\" alt=\"Vail Resorts issues its fifth annual Progress Report; remains on track to reach zero net operating footprint by 2030\" \/><br \/>\n          <\/a>\n        <\/p>\n<\/p><\/div>\n<p>The report details how the company actively works to mitigate climate change and preserve the environment, promotes the health and sustainability of resort communities through multi-faceted and localized support, supports its dedicated and passionate employees, and ensures equitable access to its resorts for the sustainable growth of the industry. Notable achievements include:<\/p>\n<ul type=\"disc\">\n<li>Vail Resorts reached <b>100% renewable electricity across its North American mountain resorts, and 96% worldwide.<\/b> It is critical to develop and add new renewable electricity to the grid to displace fossil fuels.<\/li>\n<li>The company <b>donated <span class=\"xn-money\">$22.9 million<\/span> to over 250 local organizations<\/b> working to address the various needs of their communities \u2013 from food and housing assistance and childcare, to inclusive access programs and forest health.<\/li>\n<li>Vail Resorts<b> provided <span class=\"xn-money\">$1.3 million<\/span> in emergency relief grants and scholarships<\/b>, including financial support to team members directly impacted by the <span class=\"xn-location\">Marshall<\/span> Fire in <span class=\"xn-location\">Colorado<\/span>.<\/li>\n<li>During the 2021\/22 winter season, Vail Resorts <b>hosted more than 8,000 youth <\/b>including from cities such as <span class=\"xn-location\">New York<\/span>, <span class=\"xn-location\">Chicago<\/span>, <span class=\"xn-location\">Boston<\/span> and others, who otherwise might not have had access to skiing and riding, and <b>provided more than <span class=\"xn-money\">$8 million<\/span> in donated goods and services<\/b>.<\/li>\n<li>Vail Resorts<b> champions sustainability <\/b>across the industry, and advocates at the state, local, and federal levels <b>for climate action<\/b> through participation in groups<b> including Ceres, RE100, and its leadership in the Mountain Collaborative for Climate Action<\/b>.<\/li>\n<\/ul>\n<p>&#8220;It is because of the passionate work of our team that we are able to share these results. We have set bold goals and commitments and continue to deliver on promises we have made to our environment and our communities,&#8221; said <span class=\"xn-person\">Kirsten Lynch<\/span>, CEO of Vail Resorts.<\/p>\n<p>&#8220;Climate change requires all of us working together to mitigate the challenges facing not just our industry, but our planet \u2013 and we remain dedicated to doing our part as responsible stewards of the great outdoors and committed partners to our communities. I am so proud of our team for staying focused and on track as we continue to make progress towards a zero net operating footprint,&#8221; Lynch continued.<\/p>\n<p>\n        <b>Responsible and active stewards of the environment.<\/b>\n      <\/p>\n<p>The company and its employees understand that no one person or company can solve the climate crisis alone, and collaboration is vital to progress. To mitigate its impact on the climate, and maintain its leading position, Vail Resorts remains committed to working with like-minded partners and making strategic investments, including:<\/p>\n<ul type=\"disc\">\n<li>In 2022, it made its most significant single-year capital investment in energy efficiency projects, <a href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3710494-1&amp;h=192849073&amp;u=https%3A%2F%2Fnews.vailresorts.com%2Fcorporate%2Fcombating-climate-change-vail-resorts-announces-36-million-across-19-resorts-in-largest-single-year-energy-efficiency-investment.htm&amp;a=totaling+%243.6+million\" target=\"_blank\" rel=\"nofollow noopener\">totaling <span class=\"xn-money\">$3.6 million<\/span><\/a>.<\/li>\n<li>Continuing to drive climate advocacy efforts through participation in groups including Ceres and RE100, and its leadership in the <a href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3710494-1&amp;h=1118722133&amp;u=https%3A%2F%2Fwww.mountaincollab.com%2F&amp;a=Mountain+Collaborative+for+Climate+Action\" target=\"_blank\" rel=\"nofollow noopener\">Mountain Collaborative for Climate Action<\/a>, now in its third year.<\/li>\n<li>Empowering committed Vail Resorts team members who are working on projects like upcycling retired lift towers into terrain features at Northstar, recycling chair pads in <span class=\"xn-location\">Park City<\/span>, and more.<\/li>\n<\/ul>\n<p>\n        <b>Caring deeply about the mountain communities where we operate and our dedicated teams.<\/b>\n      <\/p>\n<p>This year, Vail Resorts donated <span class=\"xn-money\">$22.9 million<\/span> to over 250 local organizations, including Habitat for Humanity Vail Valley, Park City Community Foundation, Whistler Blackcomb Foundation, the Boys and Girls Club of North Tahoe, Boys and Girls Club of South Lake Tahoe, SOS Outreach, National Brotherhood of Skiers, the Summit Foundation, and many more.<\/p>\n<p>&#8220;We see Vail Resorts as a neighbor, and their financial support and partnership is a testament to the company&#8217;s willingness to tackle our community&#8217;s challenges alongside us,&#8221; said <span class=\"xn-person\">Diego Zegarra<\/span>, vice president of equity and impact for the Park City Community Foundation. &#8220;Whether it&#8217;s helping to support our community&#8217;s mental health needs, supporting our housing efforts, or helping us to improve access to the sport, we know that as a major employer they can help us with our community&#8217;s unique needs.&#8221;<\/p>\n<p>In addition to community support, Vail Resorts&#8217; EpicPromise Employee Foundation is a 501(c)(3) nonprofit that serves the company&#8217;s employees through emergency relief grants and educational scholarships. The Foundation provided $1.3 million in emergency relief grants and scholarships to team members and their dependents in 2021\/22. This includes support to team members impacted by the devastating Marshall Fire in Colorado.<\/p>\n<p>\n        <b>Passionate about investing in equitable access for all.\u00a0 <\/b>\n      <\/p>\n<p>Ensuring equitable access is a priority for the company and one important way the company lives its <i>Be Inclusive <\/i>core value. Adaptive access for those with physical and mental barriers, and youth access \u2013 both in its legacy communities and in urban centers near resorts \u2013 are Vail Resorts&#8217; two priorities for ensuring equitable access for all.<\/p>\n<p>The future of skiing and riding will depend on inclusion and access. Vail Resorts is especially proud of its Epic for Everyone youth access program, which during the 2021\/22 season served 8,000 youth who may not have otherwise had access to the sport from across many of its mountain communities, including <span class=\"xn-location\">Vail<\/span>, Heavenly, and <span class=\"xn-location\">Park City<\/span>, as well as from cities surrounding its regional ski areas, such as <span class=\"xn-location\">Boston<\/span>, <span class=\"xn-location\">New York<\/span>, <span class=\"xn-location\">Chicago<\/span>, <span class=\"xn-location\">Detroit<\/span>, <span class=\"xn-location\">Philadelphia<\/span>, <span class=\"xn-location\">St. Louis<\/span> and more.<\/p>\n<p>The company provided over <span class=\"xn-money\">$8 million<\/span> of goods and services to youth participants including ski and ride school, meals, and equipment rentals, plus two additional free lift tickets to continue practicing with a guardian. These services are combined with mentorship, including an introduction to career opportunities like snowmaking, operations, and ski and snowboard instruction.<\/p>\n<p>For the upcoming 2022\/23 winter season, Vail Resorts will add more than a dozen partnerships with nonprofit and youth development organizations working to support youth of color. <a href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3710494-1&amp;h=1871568602&amp;u=https%3A%2F%2Fnews.vailresorts.com%2Fcorporate%2Fskiingandsnowboardingareforeveryone.htm&amp;a=With+this+expansion%2C+the+company+plans+to+host+9%2C000+youth+across+29+resorts+and+provide+approximately+%249+million+in+product+contributions.\" target=\"_blank\" rel=\"nofollow noopener\">With this expansion, the company plans to host 9,000 youth across 29 resorts and provide approximately <span class=\"xn-money\">$9 million<\/span> in product contributions.<\/a>\u00a0<\/p>\n<p>\n        <b>The<\/b><br \/>\n        <b>\u00a0full 2021\/22 EpicPromise Progress Report <\/b><br \/>\n        <b><br \/>\n          <a href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3710494-1&amp;h=2112288471&amp;u=https%3A%2F%2Fepicpromise.com%2Fmedia%2F2299%2Fepicpromise_2022progressreport_final_3-compressed.pdf&amp;a=can+be+read+here\" target=\"_blank\" rel=\"nofollow noopener\">can be read here<\/a><br \/>\n        <\/b><br \/>\n        <b>.<\/b>\n      <\/p>\n<div class=\"wcag-arialevel-3\" style=\"font-size: 1.17em;margin-block-start: 1em;margin-block-end: 1em;margin-inline-start: 0px;margin-inline-end: 0px;font-weight: bold;text-align: left\" role=\"heading\">\n        <b>About Vail Resorts, Inc. (NYSE: MTN):<\/b>\u00a0\u00a0<\/div>\n<p>Vail Resorts is a network of the best destination and close-to-home ski resorts in the world including Vail Mountain, <span class=\"xn-location\">Breckenridge<\/span>, Park City Mountain, Whistler Blackcomb, <span class=\"xn-location\">Stowe<\/span>, and 32 additional resorts across <span class=\"xn-location\">North America<\/span>; Andermatt-Sedrun in <span class=\"xn-location\">Switzerland<\/span>; and Perisher, Hotham, and <span class=\"xn-location\">Falls Creek<\/span> in <span class=\"xn-location\">Australia<\/span>. We are passionate about providing an <i>Experience of a Lifetime<\/i> to our team members and guests, and our EpicPromise is to reach a zero net operating footprint by 2030, support our employees and communities, and broaden engagement in our sport. Our company owns and\/or manages a collection of elegant hotels under the RockResorts brand, a portfolio of vacation rentals, condominiums and branded hotels located in close proximity to our mountain destinations, as well as the Grand Teton Lodge Company in <span class=\"xn-location\">Jackson Hole, Wyo.<\/span> Vail Resorts Retail operates more than 250 retail and rental locations across <span class=\"xn-location\">North America<\/span>. Learn more about our company at <a href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3710494-1&amp;h=646677907&amp;u=http%3A%2F%2Fwww.vailresorts.com%2F&amp;a=www.VailResorts.com\" target=\"_blank\" rel=\"nofollow noopener\">www.VailResorts.com<\/a>, or discover our resorts and pass options at <a href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3710494-1&amp;h=887422388&amp;u=http%3A%2F%2Fwww.epicpass.com%2F&amp;a=www.EpicPass.com\" target=\"_blank\" rel=\"nofollow noopener\">www.EpicPass.com<\/a>.\u00a0<\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder2\">\n<p>\n          <a href=\"https:\/\/mma.prnewswire.com\/media\/258138\/vail_logo.html\" target=\"_blank\" rel=\"nofollow noopener\"><br \/>\n            <img decoding=\"async\" src=\"https:\/\/mma.prnewswire.com\/media\/258138\/vail_logo.jpg\" title=\"Vail Resorts Logo (PRNewsFoto\/Vail Resorts, Inc.) (PRNewsfoto\/Vail Resorts, Inc.)\" alt=\"Vail Resorts Logo (PRNewsFoto\/Vail Resorts, Inc.) (PRNewsfoto\/Vail Resorts, Inc.)\" \/><br \/>\n          <\/a>\n        <\/p>\n<\/p><\/div>\n<p id=\"PURL\">\n        <img loading=\"lazy\" decoding=\"async\" title=\"Cision\" width=\"12\" height=\"12\" alt=\"Cision\" src=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=LA37455&amp;sd=2022-11-15\" \/> View original content to download multimedia:<a id=\"PRNURL\" rel=\"nofollow noopener\" href=\"https:\/\/www.prnewswire.com\/news-releases\/vail-resorts-is-on-track-to-achieve-zero-net-operating-footprint-by-2030-announces-it-met-100-renewable-electricity-goal-in-new-progress-report-301679001.html\" target=\"_blank\">https:\/\/www.prnewswire.com\/news-releases\/vail-resorts-is-on-track-to-achieve-zero-net-operating-footprint-by-2030-announces-it-met-100-renewable-electricity-goal-in-new-progress-report-301679001.html<\/a><\/p>\n<p>SOURCE  Vail Resorts, Inc.<\/p>\n<\/p><\/div>\n<p>    <img decoding=\"async\" alt=\"\" src=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=LA37455&amp;Transmission_Id=202211151256PR_NEWS_USPR_____LA37455&amp;DateId=20221115\" style=\"border:0px;width:1px;height:1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>PR Newswire BROOMFIELD, Colo. , Nov. 15, 2022 \/PRNewswire\/ &#8212; As the 2022\/23 ski and ride season gets underway in the northern hemisphere, and with climate change in sharp focus, the industry leader in sustainability, Vail Resorts, today releases its fifth annual Progress Report\u00a0outlining the progress the company has made towards reaching a zero net operating footprint by 2030. Vail Resorts is ahead of schedule to meet its emissions goals, and is on track to reach zero waste to landfill and zero net operating impact on forests and habitat to achieve a zero net operating footprint by 2030. The report details how the company actively works to mitigate climate change and preserve the environment, promotes the health and sustainability of &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/vail-resorts-is-on-track-to-achieve-zero-net-operating-footprint-by-2030-announces-it-met-100-renewable-electricity-goal-in-new-progress-report\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Vail Resorts is on Track to Achieve Zero Net Operating Footprint by 2030; Announces it Met 100% Renewable Electricity Goal in New Progress Report&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-712034","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Vail Resorts is on Track to Achieve Zero Net Operating Footprint by 2030; Announces it Met 100% Renewable Electricity Goal in New Progress Report - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/vail-resorts-is-on-track-to-achieve-zero-net-operating-footprint-by-2030-announces-it-met-100-renewable-electricity-goal-in-new-progress-report\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Vail Resorts is on Track to Achieve Zero Net Operating Footprint by 2030; Announces it Met 100% Renewable Electricity Goal in New Progress Report - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PR Newswire BROOMFIELD, Colo. , Nov. 15, 2022 \/PRNewswire\/ &#8212; As the 2022\/23 ski and ride season gets underway in the northern hemisphere, and with climate change in sharp focus, the industry leader in sustainability, Vail Resorts, today releases its fifth annual Progress Report\u00a0outlining the progress the company has made towards reaching a zero net operating footprint by 2030. Vail Resorts is ahead of schedule to meet its emissions goals, and is on track to reach zero waste to landfill and zero net operating impact on forests and habitat to achieve a zero net operating footprint by 2030. The report details how the company actively works to mitigate climate change and preserve the environment, promotes the health and sustainability of &hellip; Continue reading &quot;Vail Resorts is on Track to Achieve Zero Net Operating Footprint by 2030; Announces it Met 100% Renewable Electricity Goal in New Progress Report&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/vail-resorts-is-on-track-to-achieve-zero-net-operating-footprint-by-2030-announces-it-met-100-renewable-electricity-goal-in-new-progress-report\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2022-11-15T18:00:15+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/mma.prnewswire.com\/media\/1947799\/Vail_Resorts___Fifth_Annual_Progress_Report.jpg\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"6 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/vail-resorts-is-on-track-to-achieve-zero-net-operating-footprint-by-2030-announces-it-met-100-renewable-electricity-goal-in-new-progress-report\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/vail-resorts-is-on-track-to-achieve-zero-net-operating-footprint-by-2030-announces-it-met-100-renewable-electricity-goal-in-new-progress-report\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Vail Resorts is on Track to Achieve Zero Net Operating Footprint by 2030; 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Vail Resorts is ahead of schedule to meet its emissions goals, and is on track to reach zero waste to landfill and zero net operating impact on forests and habitat to achieve a zero net operating footprint by 2030. 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