Venetian Macau Limited Sustainability Profile
Venetian Macau Limited, a prominent player in the gaming and hospitality industry, is headquartered in Macau (MO). Founded in 2007, the company operates primarily in the Asia-Pacific region, with a focus on luxury integrated resorts. Its flagship property, The Venetian Macao, is renowned for its opulent design and extensive offerings, including a vast casino, high-end retail, and world-class dining experiences. The Venetian Macau Limited distinguishes itself through its unique blend of Venetian-inspired architecture and a commitment to exceptional guest service. As a leader in the market, the company has achieved significant milestones, including numerous awards for excellence in hospitality and entertainment. With a strong market position, Venetian Macau Limited continues to set the standard for integrated resort experiences in the region.
DitchCarbon Score
How does Venetian Macau 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
Venetian Macau Limited's score of 39 is higher than 68% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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As of the latest available data, Venetian Macau Limited does not report specific carbon emissions figures, indicating a lack of detailed emissions data for the most recent year. The company is a current subsidiary of Las Vegas Sands Corp., which may influence its climate commitments and reporting practices. Venetian Macau Limited's climate initiatives and reduction targets are inherited from its parent company, Las Vegas Sands Corp. This includes commitments to the Science Based Targets initiative (SBTi) and participation in the Carbon Disclosure Project (CDP), both of which are aimed at enhancing transparency and accountability in carbon emissions management. However, specific reduction targets or achievements have not been disclosed for Venetian Macau Limited. The absence of direct emissions data suggests that Venetian Macau Limited may still be in the process of establishing its own comprehensive climate strategy, potentially aligning with the broader sustainability goals set by its parent company. As a part of the hospitality and gaming industry, Venetian Macau Limited is likely to face increasing pressure to address climate change and reduce its carbon footprint in line with global standards.
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| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2024 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | 244,606,000 | 000,000,000 | 000,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 000,000,000 |
| Scope 2 | 757,360,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | 39,217,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 000,000,000 | - |
How Carbon Intensive is Venetian Macau Limited's Industry?
How Carbon Intensive is Venetian Macau Limited's Location?
Venetian Macau Limited's Scope 3 Categories Breakdown
Venetian Macau Limited's Scope 3 emissions, which increased by 540% last year and increased by approximately 738% since 2017, demonstrating supply chain emissions tracking. Most of their carbon footprint comes from suppliers and value chain emissions, with Scope 3 emissions accounting for 50% of total emissions under the GHG Protocol, with "Fuel and Energy Related Activities" being the largest emissions source at 39% of Scope 3 emissions.
Top Scope 3 Categories
Venetian Macau 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.
Venetian Macau 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.
