Melco Resorts & Entertainment Limited

Greenhouse gas emissions & sustainability report data

📊 Latest report period: 2023🗂️ Report periods on file: 2023, 2022, 2021, 2020

By scope: Scope 1: 20.4K tCO2e/year; Scope 2: 252.2K tCO2e/year; Scope 3: 372.7K tCO2e/year. Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.

💧
Water Usage
3.1M m3/year
2023
♻️
Waste
13.9K tons/year
2023
⚙️
Energy Use
470.0K MWh/year
2023

📊 Emissions by Scope (2023)

ScopeWhat it coversReported value
Scope 1Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions).20.4K tCO2e/year
Scope 2Indirect emissions from purchased electricity, steam, heat and cooling.252.2K tCO2e/year
Scope 3Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.).372.7K tCO2e/year

New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.

📈 Emissions by Report Period

Report periodHeadline emissions figure reported
202114.8K tCO2e/year (Scope 1 & 2 market-based)

Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.

✅ Reported Environmental Achievements

🎯 Climate & Sustainability Targets

🔜 Short-term

  • Reduce water consumption by 19% by 2030
  • Reduce non-hazardous waste generation by 5% by 2030
  • Diverting 5% of useful materials from disposal by 2030

📅 Medium-term

  • Achieve carbon-neutral resorts by 2030
  • Achieve zero waste across resorts by 2030
  • Sourcing 80% of procurement choices with sustainability attributes by 2025
  • Procuring 20% of seafood from sustainable sources by 2025
  • Sourcing 50% of chemicals rated as Green or Amber by 2025

🔭 Long-term

  • 95% of managers in Macau to be recruited from the local community by 2030
  • 50% of management roles to be held by women by 2030

🌱 ESG Focus Areas

Energy & Climate ResilienceMaterial Use & WasteEngaging our PeopleSafety, Health & WellbeingResponsible GamingCommunity Investment & EngagementEthical & Sustainable Supply ChainEthics & IntegrityPrivacy & Cybersecurity

⚠️ Challenges & Risks +

  • Maintaining focus on being cost effective and efficient while progressing environmental initiatives
  • Going deeper in the assessment of climate-related and other environmental impacts, and enhancing understanding of the related financial impacts
  • Expanding procurement of more responsible options and introducing new categories on restaurant menus
  • Navigating the challenges of inflation and geopolitical pressures
  • Building resilience in sourcing to mitigate risks from natural events and other factors impacting supply chain continuity
  • Maintaining effective management practices and mitigation strategies, aligned with high ESG standards, and providing training on advanced social engineering attacks

📋 Report Information

Reporting Period: 2023
Frameworks: GRI Standards, IFRS S1, IFRS S2, SASB, TCFD
Assurance: Third-party assurance provider verified the Company’s Scope 1, 2 and 3 GHG emission inventory for the year 2023 against ISO 14064-3:2019