Melco Resorts and Entertainment (Philippines) Corporation Sustainability Profile
Melco Resorts and Entertainment (Philippines) Corporation, a prominent player in the gaming and hospitality industry, is headquartered in the Philippines. Established in 2006, the company has made significant strides in the integrated resort sector, primarily operating in Entertainment City, a major gaming and entertainment hub in Metro Manila. Melco Resorts is renowned for its luxurious offerings, including world-class hotels, casinos, and entertainment venues, with a focus on delivering exceptional guest experiences. The company operates notable properties such as City of Dreams Manila, which features a unique blend of gaming, dining, and entertainment options. With a commitment to innovation and excellence, Melco Resorts has positioned itself as a leader in the Philippine market, consistently achieving milestones that reflect its dedication to quality and customer satisfaction.
DitchCarbon Score
How does Melco Resorts and Entertainment (Philippines) Corporation'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 (Philippines) Corporation's score of 51 is higher than 72% 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 (Philippines) Corporation currently does not have specific carbon emissions data available for the most recent year. The company is a current subsidiary of Melco Resorts and Entertainment Limited, which cascades emissions data and climate commitments from its parent organisation. As part of its climate strategy, Melco Resorts and Entertainment Limited has engaged in various sustainability initiatives, although specific reduction targets for Melco Resorts and Entertainment (Philippines) Corporation have not been detailed. The company is part of a broader commitment to sustainability within the hospitality and entertainment industry, focusing on reducing its carbon footprint and enhancing environmental stewardship. While no specific emissions figures or reduction targets are provided for Melco Resorts and Entertainment (Philippines) Corporation, the overarching goals and initiatives from its parent company suggest a commitment to addressing climate change and improving sustainability practices across its operations.
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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 |
How Carbon Intensive is Melco Resorts and Entertainment (Philippines) Corporation's Industry?
How Carbon Intensive is Melco Resorts and Entertainment (Philippines) Corporation's Location?
Melco Resorts and Entertainment (Philippines) Corporation's Scope 3 Categories Breakdown
Melco Resorts and Entertainment (Philippines) Corporation's Scope 3 emissions, which increased by 26% last year and increased by approximately 607% since 2020, demonstrating supply chain emissions tracking. The vast majority of their carbon footprint comes from suppliers and value chain emissions, representing the vast majority of total emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 48% of Scope 3 emissions.
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Melco Resorts and Entertainment (Philippines) Corporation'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.
Melco Resorts and Entertainment (Philippines) Corporation 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.
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