Mgm China Sustainability Profile
MGM China Holdings Limited, commonly referred to as MGM China, is a prominent player in the gaming and hospitality industry, headquartered in Macau, CN. Founded in 2005, the company has rapidly established itself as a leader in the region, operating luxurious integrated resorts that combine world-class gaming, dining, and entertainment experiences. MGM China's flagship properties, including MGM Macau and MGM Cotai, are renowned for their unique architectural designs and exceptional service standards. The company focuses on delivering a premium experience, setting itself apart with innovative offerings and a commitment to sustainability. With a strong market position, MGM China has achieved notable milestones, including multiple awards for excellence in hospitality and gaming. As a key contributor to Macau's tourism sector, MGM China continues to shape the landscape of the region's entertainment industry.
DitchCarbon Score
How does Mgm China'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
Mgm China's score of 22 is lower than 82% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Mgm China's reported carbon emissions
In 2023, MGM China reported total carbon emissions of approximately 125,574,000 kg CO2e, comprising 8,671,000 kg CO2e from Scope 1 and 116,902,000 kg CO2e from Scope 2 emissions. This marks a notable increase from 2022, where total emissions were about 111,641,000 kg CO2e, with Scope 1 emissions at 6,400,000 kg CO2e and Scope 2 emissions at 105,240,000 kg CO2e. The company has not disclosed any Scope 3 emissions data, indicating a potential area for future reporting and improvement. Despite the lack of specific reduction targets or initiatives, MGM China is committed to addressing its carbon footprint, although no formal climate pledges or SBTi targets have been established. MGM China's emissions data is not cascaded from any parent organization, and all figures are reported directly from the company. The emissions intensity for 2023 is approximately 210 kg CO2e per square metre, reflecting the company's operational efficiency in relation to its emissions. Overall, while MGM China has made strides in emissions reporting, the absence of reduction targets suggests an opportunity for enhanced climate commitments moving forward.
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| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 9,268,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 152,596,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | - | - | - | - | - |
How Carbon Intensive is Mgm China's Industry?
How Carbon Intensive is Mgm China's Location?
Mgm China'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.
Mgm China 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.
