The British Columbia Lottery Corporation (BCLC) recently unveiled its annual report, titled ‘Winning With Purpose: BCLC’s Annual Report,’ providing insights into the organization’s strides in environmental, social, and governance (ESG) goals for the fiscal year 2022/23. This comprehensive report outlines BCLC’s commitment to integrating a social purpose into its business operations, aiming to not only generate financial returns but also create net positive impacts.
Financial Milestones:
The report kicks off by spotlighting BCLC’s financial prowess, showcasing the delivery of an impressive $1.6 billion in net income to the Province of British Columbia. Amid this financial success, the report emphasizes BCLC’s parallel efforts to expand its social and environmental commitments, underscoring a balanced approach to business operations.
Jim Gudjonson, BCLC’s Manager of Sustainability Innovation, sheds light on the report, stating, “This report tells the story of our purpose in action and more importantly the multiple ways we create value for our players and communities while generating net positive impacts on the planet.”
ESG Objectives and Achievements:
‘Winning With Purpose’ meticulously details BCLC’s progress towards its ESG objectives. Key highlights include the reinforcement of the Game Break self-exclusion program, enhanced Indigenous reconciliation efforts, and proactive steps toward promoting diversity through dedicated conferences. Additionally, the report outlines the initiation of a decarbonization roadmap and the establishment of a robust Stakeholder Governance Framework.
Internal Programs and Inclusive Initiatives:
BCLC’s commitment to diversity and inclusion is exemplified through internal programs such as the Inclusive Holiday Program. Launched during British Columbia’s multiculturalism week, this program empowers employees to substitute up to six observed statutory holidays with days significant to their personal, cultural, or religious beliefs. This initiative reflects BCLC’s dedication to fostering an inclusive workplace environment.
Collaborative Ventures and Omnichannel Experiences:
Highlighting collaborative endeavors, the report showcases BCLC’s partnership with Instant Win Gaming (IWG) to introduce the Set for Life game on PlayNow.com. This strategic move bridges the gap between retail and online gaming, offering an omnichannel experience for players in British Columbia and Manitoba. The collaboration aligns with BCLC’s commitment to staying at the forefront of industry trends and meeting the evolving preferences of its diverse player base.
In summary, ‘BCLC’s Winning With Purpose’ provides a comprehensive overview of the organization’s multifaceted approach to success, balancing financial achievements with a commitment to environmental, social, and governance goals. As BCLC continues its journey, the report serves as a testament to its dedication to creating value for players and communities while championing positive impacts on a global scale.