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 40 is higher than 98% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Melco Resorts And Entertainment's reported carbon emissions
In 2023, Melco Resorts and Entertainment reported total carbon emissions of approximately 20392000 kg CO2e for Scope 1 and 252155000 kg CO2e for Scope 2. Additionally, their Scope 3 emissions reached about 372748000 kg CO2e. The company has shown a commitment to reducing its carbon footprint, although specific reduction targets or initiatives have not been disclosed. Over the years, Melco's emissions have fluctuated, with Scope 1 emissions increasing from about 13551000 kg CO2e in 2016 to 20392000 kg CO2e in 2023. Scope 2 emissions also varied, peaking at approximately 267998000 kg CO2e in 2016 and then stabilising around 252155000 kg CO2e in 2023. The company has not publicly committed to Science-Based Targets Initiative (SBTi) reduction targets, nor have they outlined specific climate pledges. Melco's emissions profile indicates a significant reliance on energy-intensive operations, typical of the hospitality and entertainment industry. The absence of defined reduction strategies highlights an area for potential improvement in their sustainability efforts.
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Access structured emissions data, company-specific emission factors, and source documents
| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|
| Scope 1 | 13,551,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 267,998,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 00,000 |
| Scope 3 | - | - | - | - | 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.
Melco Resorts And Entertainment 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.
