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 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.
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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 for Scope 1, 265100000 kg CO2e for Scope 2, and 468055000 kg CO2e for Scope 3. This represents a significant carbon footprint, with Scope 3 emissions being the largest contributor. In 2023, the company recorded emissions of about 20392000 kg CO2e for Scope 1, 252165000 kg CO2e for Scope 2, and 372748000 kg CO2e for Scope 3, indicating a slight increase in Scope 1 emissions year-on-year. The emissions data for 2022 showed similar trends, with Scope 1 emissions at approximately 17152000 kg CO2e, Scope 2 at 210353000 kg CO2e, and Scope 3 at 377625000 kg CO2e. The company has consistently disclosed emissions across all three scopes, demonstrating transparency in its reporting. Despite the substantial emissions figures, Macao Electric Lighting has not set specific reduction targets or initiatives as part of its climate commitments. The absence of documented reduction initiatives or SBTi targets suggests a need for enhanced climate action strategies. The emissions data is sourced directly from Melco International Development Limited, the parent company, ensuring accuracy and consistency in reporting. Overall, while Macao Electric Lighting's emissions remain high, the lack of defined reduction strategies highlights an opportunity for the company to strengthen its climate commitments and contribute to global sustainability efforts.
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| 2017 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|
| 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 | - | 00,000,000 | 000,000,000 | 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 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.
