DIVERSITY, eQUITY AND INCLUSION
Our DEI Committee, led by and comprised of volunteers across functional areas and professional levels, meets regularly to share ideas and discuss the advancement of our DEI initiatives.
CoRPORATE CITIZENSHIP
Our corporate citizenship is led by our VICI Volunteers employee group, including the following key pillars:
Contribution Drives
Encouraging Volunteerism
Corporate Giving
Impact Opportunities
Community Engagement
Corporate Diversity
50% Female
Independent Directors
25% Female Named
Executive Officers
44% Female Employees
26% Racially/Ethnically Diverse Employees
(as of June 30, 2023)
Great Place to Work®
For the fourth year in a row, we were certified as a Great Place to Work® by the Great Place to Work® Institute in November 2022 following our annual employee engagement survey.
50/50 Women on Boards recognition
We have been recognized as a "GB" company for our gender-balanced Board of Directors by 50/50 Women on Boards™, the leading global education and advocacy campaign driving the movement towards gender balance and diversity on corporate boards.
Corporate Charitable Contribution Matching
Our Charitable Contribution Matching Program multiplies the impact of our employees’ support to charitable organizations of their choice, with a significant dollar-for-dollar matching cap per individual and supporting donations for in-person volunteer engagement.
OUR KEY OBJECTIVES AND APPROACH
Our key social responsibility objectives and approach are set forth in three pillars:
- Company Culture – Nurture our company culture and focus on the health, safety, wellbeing, and professional development of our employees through recruiting and retention, employee engagement, and strong support and benefits
- Community and Corporate Citizenship – Support the communities and charitable organizations in which we operate and own properties and demonstrate our commitment to corporate social responsibility through volunteering, regular giving, and taking advantage of unique opportunities as they arise
- Advance Social Responsibility Issues – Enhance our commitments to key social responsibility issues by implementing and expanding policies and procedures, employee training, and external engagement
TEAM VICI
Team VICI is comprised of approximately 27 employees (as of June 30, 2023) working primarily from our headquarters in New York City. Certain employees work remotely across the country and we provide opportunities and support for them to travel to join company-wide events and programs. All of our employees are full-time, either professional or administrative, and we do not utilize contract or contingent employees. As we continue to increase our headcount along with the growth of our business, we strive to nurture our company culture and take advantage of the highly interpersonal, relationship-based nature of our company. We appreciate that our employees are the driving force behind the achievement of our strategic goals and an essential part of our continued success.
Diversity, EQUITY & Inclusion
Since our formation, we have been committed to creating and maintaining a workplace in which all Team Members have the opportunity to participate and contribute to the success of the business and are valued for their skills, experience, and unique perspectives. This commitment extends to every individual in our organization, including our Board of Directors, executive management, and all other VICI Team Members. We also seek to further realize our commitment to diversity and inclusion in our engagement with tenants, vendors and suppliers, external advisors and other third parties.
Since the development of an internal diversity and inclusion framework presented to and discussed with the Nominating and Governance Committee in July 2020, our commitment has been further evidenced over the past few years by a CEO letter to employees affirming this commitment and formally establishing the DEI Committee in January 2021 (formerly the Diversity and Inclusion Task Force), our CEO’s participation in the CEO Action For Diversity and Inclusion Pledge in June 2021, and a comprehensive diversity, equity, inclusion, and belonging curriculum for our entire corporate team over the course of late 2021 and 2022. Our DEI Committee, led by and comprised of volunteers across functional areas and professional levels, meets regularly to share ideas and discuss the advancement of our DEI initiatives.
Vici Volunteers – Our Community Service Initiative
Our VICI Volunteers group, comprised of employees from various functional areas and professional levels and sponsored by our President and Chief Operating Officer, leads our organization’s community service engagement and related initiatives. As we continue to refine our corporate giving strategy and programs, we expect to maintain our core pillars of charitable activity presented below.
- Contribution Drives: We annually identify organizations for our organization and employees to support through year-end contribution drives. In 2022, we supported the Bowery Mission and Dress For Success with professional clothing drives and donated children’s toys to The Child Center of New York.
- Encouraging Volunteerism: Although limited over the past few years in consideration of our employees’ health and safety, we seek opportunities to engage in person with charitable organizations in New York City to support and fund their missions. Our Charitable Contribution Matching Program also recognizes our employees' volunteer efforts with supporting donations.
- Corporate Giving: We make direct contributions from time to time to specific causes, such as in response to economic hardship or natural disasters impacting the communities in which we own assets. We also support causes that our employees are personally involved in or that are particularly meaningful to them. Through these efforts, we have supported many different charitable organizations, including those in New York and other communities in which we own assets.
- Impact Opportunities: Although our operational presence is limited outside of New York City, we recognize the importance of communities surrounding our assets and the significant of our tenants in these communities. As opportunities arise, we seek to positively impact these communities in unique ways.
- Golf Course Community Engagement: In addition to our corporate efforts, each of our golf courses engage with and support their respective local communities with outreach, and engagement on a regular basis, including contributing a portion of rounds fees to local charitable organizations during designated awareness months, such as National Veterans & Military Families Month, National Breast Cancer Awareness Month, and National Autism Awareness Month, hosting fundraising events and donating hundreds of rounds of golf each year in support of local charity fundraising efforts, including those supporting education, healthcare, emergency services, youth sports and tournaments, and other local causes.
HUMAN CAPITAL MANAGEMENT
Employee Engagement
As a close-knit organization, we rely on our employees to drive positive outcomes in all areas of our business, both externally and internally. We are committed to advancing our employee engagement efforts and programs to provide opportunities for our employees to grow personally and professionally and contribute to the growth of the organization by providing feedback on their experience and identifying areas of focus or potential improvement.
Since 2019, we have utilized the Great Place to Work® platform for annual employee engagement surveys to monitor employee satisfaction, obtain qualitative and quantitative feedback, and utilize the results and insights to further improve our company and culture. For 2022-2023, we were certified as a Great Place to Work® by the Great Place to Work® Institute for the fourth year in a row. With 100% participation across our organization, 90% of our employees agreed that “Taking all things into account, this is a great place to work.”
Employee TRAINING AND PROFESSIONAL DEVELOPMENT
We invest in employee education, training and development by conducting regular training programs to educate and advance our employees’ understanding of concepts relevant to our business, such as information and cybersecurity, professional development, and with respect to important issues such as diversity, anti-harassment and other matters outlined in our Code of Business Conduct and Corporate Social Responsibility Policy. In addition, we strive to offer opportunities for individual professional development within our organization, including practical opportunities for exposure to areas outside of a given employee’s responsibility. Building on the programs described below, we intend to implement additional programs to provide employees with a clear career progression and more personalized professional development opportunities.
- On-Site Access: Provide opportunities to join key principals in meetings and on-site visits to support our business development, transactional, and asset management efforts, enabling employees to gain broader exposure to our tenants’ operations and experience our properties firsthand
- Lunch and Learns: Offer regular cadence of dedicated “lunch and learn” sessions, through which subject matter experts provide insight on topics of interest or relevance to our business, such as the history of gaming and lottery in the United States, recent triple-net portfolio acquisitions and market trends, and loan underwriting considerations
- Professional Development Stipend: Empower the independent pursuit of professional certification or credentials, conferences, workshops, continuing education opportunities, and other employee-identified experiences
Equal Opportunity and Anti-Discrimination
We are an equal opportunity employer. We provide equal employment opportunities to all Team Members and applicants for employment without regard to race, color, ancestry, national origin, age, gender, sex, sexual orientation, marital status, religion, age, pregnancy and childbirth (or any related medical conditions), disability, gender identity or expression, results of genetic testing, genetic information (including, where applicable, sickle cell trait), or service in the military, or any other protected categories under applicable federal, state, and local laws. This policy applies to all terms and conditions of employment, including hiring, placement, promotion, termination, layoff, recall, transfer, leave of absence, compensation, and training.
We expressly prohibit any form of unlawful harassment or discrimination based on any of the characteristics mentioned above or any other protected category under applicable federal, state and local laws. Improper interference with the ability of our Team Members to perform their expected job duties or any other violation of this policy is not tolerated and any employee or supervisor who engages in such conduct is subject to discipline, up to and including the termination of employment.
Labor, Health & Safety
We strive to provide each employee with a safe and healthy work environment and provide our expectation that each employee is responsible for maintaining a safe and healthy workplace for all other employees by following safety and health rules and reporting requirements. We comply with all applicable laws and industry standards on health and safety, wage and working hours, including overtime, and benefits. Our compensation is competitive and fair in the markets in which we operate. We do not engage in forced labor or abuse of labor, including physical abuse of employees or any form of compelled labor or child labor.
Supplier Relationships
We consider and evaluate our suppliers taking into consideration their ability to abide by the principles set forth in our Corporate Social Responsibility Policy and our Code of Business Conduct. We set forth our reasonable expectations for the business practices of our suppliers in our Responsible Supplier Principles. In addition, we are committed to working with suppliers who are dedicated to excellence in their respective fields, and include and support suppliers that represent diverse backgrounds, experiences, expertise and skills to assist us in supplying and growing our business. When available and feasible, we seek out opportunities to advance economic inclusion and to work with minority and women-owned or disadvantaged business enterprises.
We aim to work with suppliers and advisors who:
- share our goals and values with respect to social responsibility;
- comply with all applicable laws and regulations, including employment, wage and hour, health and safety, gaming, environmental, immigration, tax, anti-bribery, anti-corruption and anti-money laundering;
- institute and enforce policies prohibiting unlawful harassment and discrimination and provide mechanisms for reporting policy violations;
- prohibit all forms of forced labor, abuse of labor and child labor;
- neither condone nor support, directly or indirectly, human trafficking, abusive, or illegal labor activity; and
- support diversity and inclusion initiatives, incorporating women, minorities, veterans, and lesbian, gay, bisexual and transgender persons.