Melco Resorts Finance Limited Sustainability Profile
Melco Resorts Finance Limited, a prominent player in the global gaming and hospitality industry, is headquartered in Hong Kong (HK). Founded in 2004, the company has established itself as a leader in integrated resort development, primarily operating in key markets such as Macau and the Philippines. Melco Resorts is renowned for its luxurious offerings, including world-class casinos, hotels, and entertainment venues, which set it apart from competitors. The company’s flagship properties, such as City of Dreams and Studio City, exemplify its commitment to innovation and excellence. With a strong market position, Melco Resorts has achieved significant milestones, including numerous awards for its sustainability initiatives and customer service. As a forward-thinking enterprise, Melco continues to shape the future of the gaming and hospitality sectors, making it a noteworthy entity in the industry.
DitchCarbon Score
How does Melco Resorts Finance Limited'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 Hospitality 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 Finance Limited's score of 37 is higher than 67% 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 Finance Limited, headquartered in Hong Kong (HK), currently does not report specific carbon emissions data, as indicated by the absence of emissions figures. The company is a current subsidiary of Melco Resorts & Entertainment Limited, which may influence its climate commitments and reporting practices. As of now, Melco Resorts Finance Limited has not established any documented reduction targets or climate pledges. The lack of specific emissions data and reduction initiatives suggests that the company may still be in the early stages of developing a comprehensive climate strategy. Given the context of the broader industry, it is essential for companies like Melco Resorts Finance Limited to align with global climate standards and initiatives, such as the Science Based Targets initiative (SBTi) and the Carbon Disclosure Project (CDP), to enhance transparency and accountability in their environmental impact. In summary, while Melco Resorts Finance Limited does not currently provide emissions data or specific climate commitments, its affiliation with Melco Resorts & Entertainment Limited may play a role in shaping its future sustainability efforts.
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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 Finance Limited's Industry?
How Carbon Intensive is Melco Resorts Finance Limited's Location?
Melco Resorts Finance Limited's Scope 3 Categories Breakdown
Melco Resorts Finance Limited'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 Finance Limited'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 Finance Limited 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.
