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.
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 35 is higher than 85% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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, which cover all other indirect emissions, accounted for approximately 372,748,000 kg CO2e. 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 emissions at 17,152,000 kg CO2e and Scope 2 emissions at 210,353,000 kg CO2e. The company has not publicly disclosed specific reduction targets or initiatives, indicating a potential area for improvement in its climate commitments. Macao Electric Lighting's emissions intensity has varied, with a reported intensity of 12.0 kg CO2e per square metre for Scope 1 and 2 emissions in 2023. The company has not set any science-based targets or formal climate pledges, which may limit its ability to effectively address climate change in line with global standards. Overall, while Macao Electric Lighting has made strides in tracking its emissions, the absence of clear reduction targets suggests a need for enhanced climate action and commitment to sustainability.
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| 2017 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|
| 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
Location emissions intensity
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.
