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OrganisationsMelco Resorts And Entertainment
Melco Resorts And Entertainment logo

Melco Resorts And Entertainment

Recreation and Sports ServicesHong Kong SAR China
Last verified 9 days agomelco-resorts.com

Melco Resorts and Entertainment Limited, commonly referred to as Melco, is a leading player in the recreational, cultural, and sporting services industry, headquartered in Hong Kong. Founded in 2004, the company has established itself as a prominent operator of integrated resort facilities, primarily in Asia, with significant operations in Macau and the Philippines.

Melco is renowned for its luxurious offerings, including world-class hotels, casinos, and entertainment venues, which set it apart in a competitive market. The company’s commitment to innovation and sustainability has garnered numerous accolades, solidifying its position as a market leader. With a focus on delivering exceptional guest experiences, Melco continues to redefine the landscape of leisure and entertainment in the region.

31
DitchCarbon score

0 vs industry average

Melco Resorts And Entertainment’s score of 31 is higher than 53% of the industry. This can give you a sense of how well the company is doing compared to its peers.

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Industry Intensity

Low

Recreation and Sports Services has below-average carbon intensity

Industry performance

0.171
20182025

The Recreation and Sports Services industry has reduced its overall emissions by 32% since 2018

Emissions trajectory 2020 – 2027

000.0M000.0M000.0M000.0M0

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20202021202220232024202520262027

Reported emissions

Scope 1
•••kg CO₂e
Scope 2
•••kg CO₂e
Scope 3
•••kg CO₂e
Total reported
•••kg CO₂e

Scope 3 accounts for ••• of total emissions.

Melco Resorts And Entertainment's reported carbon emissions

Melco Resorts and Entertainment, a prominent player in the recreational, cultural, and sporting services industry headquartered in Hong Kong, is actively engaged in reducing its environmental footprint. For the reporting year 2024, the company reported total emissions of approximately 778.6 million kg CO2e. This figure comprises Scope 1 emissions of about 28.2 million kg CO2e, Scope 2 emissions of approximately 265.1 million kg CO2e, and Scope 3 emissions totalling around 468.1 million kg CO2e.

Breaking down the Scope 3 emissions for 2024, the largest contributors were purchased goods and services at approximately 223.1 million kg CO2e, followed by fuel and energy-related activities at about 75.7 million kg CO2e, and downstream leased assets at approximately 49.3 million kg CO2e.

In 2023, Melco Resorts and Entertainment reported total emissions of approximately 613.2 million kg CO2e, with Scope 1 emissions at roughly 20.4 million kg CO2e, Scope 2 emissions at about 252.2 million kg CO2e, and Scope 3 emissions at approximately 372.7 million kg CO2e.

For the reporting year 2022, the company's total emissions were approximately 599.9 million kg CO2e. This included Scope 1 emissions of about 17.1 million kg CO2e, Scope 2 emissions of roughly 208.5 million kg CO2e, and Scope 3 emissions of approximately 377.6 million kg CO2e. The significant portion of Scope 3 emissions in 2022 came from capital goods, amounting to about 200.4 million kg CO2e.

In 2021, total emissions were approximately 316.1 million kg CO2e, with Scope 1 emissions at about 14.8 million kg CO2e, Scope 2 emissions at roughly 211.8 million kg CO2e, and Scope 3 emissions at approximately 89.6 million kg CO2e.

Melco Resorts and Entertainment's sustainability efforts are informed by data cascaded from its parent organisation, Melco Resorts & Entertainment Limited. The company has disclosed data across Scope 1, 2, and 3 emissions, with a particular focus on upstream categories within Scope 3. While specific reduction targets are not detailed in the provided information, the company's reporting across multiple scopes indicates a commitment to understanding and managing its climate impact within the recreational sector.

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Melco Resorts And Entertainment’s Climate Goals (2030 & 2050)

No climate goals have been disclosed for Melco Resorts And Entertainment yet.

Scope 3 top emissions categories

9 of 15 categories disclosed
Purchased Goods & Services48%
Capital Goods21%
Fuel & Energy Activities16%
Downstream Leased Assets11%
Employee Commuting4%
Business Travel0%
Waste Generated in Operations0%
Upstream Transportation & Distribution0%
Purchased Goods & Services48%
Capital Goods21%
Fuel & Energy Activities16%
Downstream Leased Assets11%
Employee Commuting4%
Business Travel0%
Waste Generated in Operations0%
Upstream Transportation & Distribution0%

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Climate initiatives

SCIENCE BASED TARGETS

Science Based Targets Initiative

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Not active
CDP

Carbon Disclosure Project

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Active
THE CLIMATE PLEDGE

The Climate Pledge

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Not active
United Nations Global Compact

UN Global Compact Climate Champions initiative

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Not active
RE 100

RE 100

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Climate Action 100+

Climate Action 100

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Emissions comparison with industry peers

View similar organisations
CompanyCountryIndustryLast updatedScoreDetails
Melco Resorts And Entertainment logoMelco Resorts And Entertainment
HKRecreation and Sports Services
9 days ago
31
Caesars Entertainment logoCaesars Entertainment
USBusiness Services
2 days ago
61
View
Mgm Resorts logoMgm Resorts
USHospitality
2 days ago
53
View
Wynn Resorts logoWynn Resorts
USHospitality
2 days ago
33
View
V
Venetian Macao Resort Hotel
MO-
2 days ago
23
View
Crown Resorts Limited logoCrown Resorts Limited
AURecreation and Sports Services
2 days ago
23
View
Genting Malaysia Berhad logoGenting Malaysia Berhad
MYRecreation and Sports Services
2 days ago
22
View

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Ditchcarbonv260722.1
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