Studio City International Holdings Limited Sustainability Profile
Studio City International Holdings Limited, commonly referred to as Studio City, is a prominent player in the integrated resort and entertainment industry, headquartered in Hong Kong (HK). Founded in 2014, the company has rapidly established itself in Macau, a key operational region known for its vibrant tourism and gaming sectors. Specialising in world-class entertainment, gaming, and hospitality services, Studio City is renowned for its unique offerings, including a Hollywood-inspired theme and a range of attractions that cater to diverse audiences. The company has achieved significant milestones, including the successful launch of its flagship property, Studio City Macau, which features a variety of gaming options, dining experiences, and entertainment venues. With a strong market position, Studio City International Holdings Limited continues to innovate and expand, solidifying its reputation as a leader in the integrated resort landscape.
DitchCarbon Score
How does Studio City International 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
Studio City International Holdings Limited's score of 37 is higher than 62% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Studio City International Holdings 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 performance metrics. As of now, there are no documented reduction targets or climate pledges from Studio City International Holdings Limited. However, emissions data and climate initiatives may be inherited from its parent company, Melco Resorts & Entertainment Limited, which operates at a cascade level of 2. This relationship suggests that any climate strategies or emissions reductions may align with Melco's broader sustainability goals. In the context of the industry, it is essential for companies like Studio City International Holdings Limited to establish clear carbon reduction targets and commitments to enhance their environmental performance and meet stakeholder expectations.
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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 Studio City International Holdings Limited's Industry?
How Carbon Intensive is Studio City International Holdings Limited's Location?
Studio City International Holdings Limited's Scope 3 Categories Breakdown
Studio City International Holdings 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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Studio City International 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.
Studio City International 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.
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