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Public Profile
Financial Intermediation
HK
updated 8 days ago

Macao Electric Lighting

Company website

Macao Electric Lighting, also known as MELCO, is a leading provider of electrical solutions headquartered in Hong Kong. Established in the early 20th century, the company has grown to become a key player in the energy sector, primarily serving Macao and surrounding regions. Specialising in electric lighting and power distribution, MELCO offers a range of innovative products and services that stand out for their efficiency and reliability. The company has achieved significant milestones, including advancements in sustainable energy practices, positioning itself as a pioneer in the industry. With a strong market presence, Macao Electric Lighting is recognised for its commitment to quality and customer satisfaction, making it a trusted name in the electrical services sector.

DitchCarbon Score

How does Macao Electric Lighting's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.

45

Industry Average

Mean score of companies in the Financial Intermediation industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.

27

Industry Benchmark

Macao Electric Lighting's score of 45 is higher than 69% of the industry. This can give you a sense of how well the company is doing compared to its peers.

69%

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Macao Electric Lighting's reported carbon emissions

In 2024, Macao Electric Lighting reported total carbon emissions of approximately 28217000 kg CO2e from Scope 1, which includes mobile combustion (about 13210000 kg CO2e), fugitive emissions (approximately 6758000 kg CO2e), and stationary combustion (around 8249000 kg CO2e). The company also disclosed Scope 2 emissions of about 265100000 kg CO2e and Scope 3 emissions totalling approximately 468055000 kg CO2e, with significant contributions from capital goods (about 96002000 kg CO2e) and purchased goods and services (approximately 223089000 kg CO2e). In 2023, emissions were slightly lower, with Scope 1 emissions at about 20392000 kg CO2e, Scope 2 emissions at approximately 252165000 kg CO2e, and Scope 3 emissions around 372748000 kg CO2e. The trend shows a gradual increase in emissions over the years, with 2022 reporting Scope 1 emissions of about 17152000 kg CO2e, Scope 2 emissions of approximately 210353000 kg CO2e, and Scope 3 emissions at around 377625000 kg CO2e. Macao Electric Lighting has not set specific reduction targets or initiatives as part of their climate commitments, and there are no SBTi (Science Based Targets initiative) reduction targets reported. The emissions data is not cascaded from any parent company, indicating that the figures are independently reported by Macao Electric Lighting. Overall, while the company has made strides in transparency regarding its emissions, it currently lacks defined reduction strategies or commitments to mitigate its carbon footprint.

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2017201920202021202220232024
Scope 1
20,154,190
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
Scope 2
385,719,970
0,000,000
000,000
000,000
000,000,000
000,000,000
000,000,000
Scope 3
839,690
00,000,000
-
-
000,000,000
000,000,000
000,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Macao Electric Lighting's primary industry is Financial intermediation services, except insurance and pension funding services (65), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Macao Electric Lighting is in HK, which we do not have grid emissions data for.

Reduction initiatives & disclosure networks

Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.

Macao Electric Lighting is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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Where does DitchCarbon data come from?

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