MGM China Holdings Limited Sustainability Profile
MGM China Holdings Limited, a prominent player in the gaming and hospitality industry, is headquartered in Macau (MO). Founded in 2005, the company has rapidly established itself as a leader in the region, operating luxurious resorts and casinos that cater to both local and international visitors. MGM China’s flagship properties, including MGM Macau and MGM Cotai, offer a unique blend of world-class entertainment, fine dining, and premium accommodations, setting them apart in a competitive market. The company is renowned for its commitment to innovation and customer experience, which has earned it numerous accolades within the industry. With a strong market position, MGM China Holdings continues to expand its footprint in Asia, contributing significantly to the region's tourism and economic growth.
DitchCarbon Score
How does MGM China Holdings 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 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
MGM China Holdings Limited's score of 42 is higher than 65% 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 Holdings Limited's reported carbon emissions
In 2024, MGM China Holdings Limited reported total carbon emissions of approximately 11109000 kg CO2e for Scope 1, 120278000 kg CO2e for Scope 2, and 140523000 kg CO2e for Scope 3 emissions. The combined total for Scope 1 and 2 emissions reached about 131387000 kg CO2e. Notably, the Scope 3 emissions included significant contributions from purchased goods and services (about 77328000 kg CO2e) and waste generated in operations (approximately 6617000 kg CO2e). In 2023, the company recorded emissions of about 8671000 kg CO2e for Scope 1, 116902000 kg CO2e for Scope 2, and 94435000 kg CO2e for Scope 3, with a total of approximately 125574000 kg CO2e for Scope 1 and 2 combined. The Scope 3 emissions were primarily driven by purchased goods and services (around 56517000 kg CO2e) and waste generated in operations (approximately 4880000 kg CO2e). MGM China Holdings Limited has not set specific reduction targets or climate pledges, and there are no documented initiatives aimed at reducing emissions. The emissions data is cascaded from its parent company, MGM Resorts International, reflecting the company's current subsidiary status within the corporate family. This relationship influences the reporting and management of their carbon footprint, aligning with broader corporate sustainability efforts.
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| 2022 | 2023 | 2024 | |
|---|---|---|---|
| Scope 1 | 6,400,000 | 0,000,000 | 00,000,000 |
| Scope 2 | 105,240,000 | 000,000,000 | 000,000,000 |
| Scope 3 | - | 00,000,000 | 000,000,000 |
How Carbon Intensive is MGM China Holdings Limited's Industry?
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MGM China Holdings Limited's Scope 3 Categories Breakdown
MGM China Holdings Limited's Scope 3 emissions, which increased by 49% last year and increased by approximately 49% since 2023, demonstrating supply chain emissions tracking. Most of their carbon footprint comes from suppliers and value chain emissions, with Scope 3 emissions accounting for 52% of total emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 55% of Scope 3 emissions.
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MGM China Holdings 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.
MGM China Holdings 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.
