Public Profile

Macao Electric Lighting

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.

15

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.

13

Industry Benchmark

Macao Electric Lighting's score of 15 is higher than 81% of the industry. This can give you a sense of how well the company is doing compared to its peers.

81%

Macao Electric Lighting's reported carbon emissions

In 2023, Macao Electric Lighting reported total carbon emissions of approximately 372,748,000 kg CO2e. This figure includes 20,392,000 kg CO2e from Scope 1 emissions, which encompass direct emissions from owned or controlled sources, and 252,165,000 kg CO2e from Scope 2 emissions, related to indirect emissions from the generation of purchased electricity. Additionally, Scope 3 emissions totalled approximately 372,748,000 kg CO2e, reflecting emissions from the entire value chain, including capital goods and purchased goods and services. Over the years, Macao Electric Lighting has shown fluctuations in its emissions. For instance, in 2022, total emissions were about 377,625,000 kg CO2e, with Scope 1 and 2 emissions at approximately 17,264,000 kg CO2e. The company has not disclosed specific reduction targets or initiatives, nor has it committed to any climate pledges, indicating a potential area for improvement in its climate strategy. Overall, while Macao Electric Lighting has made strides in tracking its emissions across all three scopes, the absence of defined reduction targets suggests that further commitments may be necessary to align with industry standards for climate action.

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Add to project
201720192020202120222023
Scope 1
20,154,190
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
00,000
00,000
Scope 3
839,690
00,000,000
00,000,000
00,000,000
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. Macao Electric Lighting is headquartered 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 committed to any reduction initiatives 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
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers