Macao Electric Lighting Sustainability Profile
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.
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.
Industry Benchmark
Macao Electric Lighting's score of 42 is higher than 62% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Macao Electric Lighting's reported carbon emissions
In 2023, Macao Electric Lighting reported total carbon emissions of approximately 645.3 million kg CO2e, comprising 20.4 million kg CO2e from Scope 1, 252.2 million kg CO2e from Scope 2, and 372.7 million kg CO2e from Scope 3 emissions. This data reflects a comprehensive assessment of their emissions across all relevant scopes, with significant contributions from purchased goods and services, capital goods, and energy-related activities. The company has not disclosed any specific reduction targets or initiatives as part of its climate commitments. Additionally, there are no emissions reduction targets cascaded from parent company Melco International Development Limited, nor any commitments to initiatives such as the Science Based Targets initiative (SBTi) or the Carbon Disclosure Project (CDP). Macao Electric Lighting's emissions data indicates a focus on transparency, although the absence of reduction targets suggests an opportunity for enhanced climate action strategies in the future.
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Access structured emissions data, company-specific emission factors, and source documents
| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|
| Scope 1 | - | 00,000,000 | - | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | - | 000,000,000 | - | 0,000,000 | 000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | - | 000,000 | - | 00,000,000 | - | 00,000,000 | 000,000,000 | 000,000,000 |
How Carbon Intensive is Macao Electric Lighting's Industry?
How Carbon Intensive is Macao Electric Lighting's Location?
Macao Electric Lighting's Scope 3 Categories Breakdown
Macao Electric Lighting's Scope 3 emissions, which decreased by 1% last year and increased significantly since 2017, demonstrating supply chain emissions tracking. Most of their carbon footprint comes from suppliers and value chain emissions, with Scope 3 emissions accounting for 58% of total emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 45% of Scope 3 emissions.
Top Scope 3 Categories
Macao Electric Lighting's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Macao Electric Lighting has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
