Melco Resorts And Entertainment
Melco Resorts and Entertainment Limited, commonly referred to as Melco, is a leading developer and operator of integrated resort facilities, headquartered in Hong Kong. Founded in 2004, the company has established a strong presence in major operational regions, particularly in Macau, where it has become synonymous with luxury gaming and entertainment experiences. Melco's core offerings include world-class casinos, hotels, and entertainment venues, distinguished by their innovative design and commitment to sustainability. The company has achieved notable milestones, such as the launch of its flagship property, City of Dreams, which has set new standards in the industry. With a focus on premium customer service and unique entertainment options, Melco holds a prominent position in the global gaming market, continually striving to enhance the guest experience while contributing to the local economy.
DitchCarbon Score
How does Melco Resorts And Entertainment'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 Recreation and Sports Services 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
Melco Resorts And Entertainment's score of 47 is higher than 70% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Melco Resorts And Entertainment's reported carbon emissions
In 2024, Melco Resorts and Entertainment 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 increase in emissions compared to 2023, where emissions were about 20392000 kg CO2e for Scope 1, 252165000 kg CO2e for Scope 2, and 372748000 kg CO2e for Scope 3. The breakdown of emissions for 2024 includes 13210000 kg CO2e from mobile combustion, 6758000 kg CO2e from fugitive emissions, and 8249000 kg CO2e from stationary combustion under Scope 1. Scope 2 emissions were reported as 8000 kg CO2e on a market-based approach. For Scope 3, the largest contributors were purchased goods and services at approximately 223089000 kg CO2e and capital goods at about 96002000 kg CO2e. Melco Resorts and Entertainment has not set specific reduction targets or initiatives as part of their climate commitments, and their emissions data is cascaded from their parent company, Melco Resorts & Entertainment Limited. The company has disclosed emissions across all three scopes, indicating a comprehensive approach to carbon accounting. Overall, while Melco Resorts and Entertainment has made strides in transparency regarding their emissions, the lack of defined reduction targets suggests a need for further commitment to climate action.
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| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Scope 1 | 16,011,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 206,420,000 | 000,000,000 | 000,000 | 00,000 | 0,000 |
| Scope 3 | 66,167,000 | 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.
Melco Resorts And Entertainment 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.
