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 39 is higher than 59% 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 272,557,000 kg CO2e, which includes 20,392,000 kg CO2e from Scope 1 emissions and 252,165,000 kg CO2e from Scope 2 emissions. The company also disclosed Scope 3 emissions amounting to about 372,748,000 kg CO2e, with significant contributions from purchased goods and services (167,148,000 kg CO2e) and capital goods (77,461,000 kg CO2e). The emissions data for 2022 showed a total of approximately 227,929,000 kg CO2e from Scope 1 and 2, with Scope 3 emissions at about 377,625,000 kg CO2e. In 2021, the total emissions were around 227,217,000 kg CO2e for Scope 1 and 2, and 89,579,000 kg CO2e for Scope 3. Macao Electric Lighting has not set specific reduction targets or initiatives as part of its climate commitments, and there are no SBTi (Science Based Targets initiative) reduction targets reported. The company’s emissions data is not cascaded from a parent organization, indicating that it operates independently in its reporting. Overall, while Macao Electric Lighting has made strides in emissions reporting, it currently lacks defined reduction strategies or commitments to mitigate its carbon footprint.
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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 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | 839,690 | 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.
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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.
