In 2024, Melco International Development completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).
Melco International Development has also provided a category-level breakdown for 9 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Scope 1 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 2 | ||||
Market-Based | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Location-Based | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
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In 2024, the total operational greenhouse gas (GHG) emissions of Melco International Development amounted to 293,317 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2). a
Compared to 2023, the total operational greenhouse gas (GHG) emissions of Melco International Development increased by 7.62%, suggesting that the company faced challenges in reducing its emissions from its core operations. a
In 2024, the total Scope 1 emissions of Melco International Development were 28,217 metric tons of CO₂ equivalent (tCO₂e). a
Since 2021, Melco International Development's Scope 1 emissions have increased by 90.12%, reflecting a rising long-term trend in Scope 1 emissions over time. a b
Compared to the previous year (2023), Melco International Development's Scope 1 emissions increased by 38.37%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations. a
In 2024, Melco International Development reported Scope 2 greenhouse gas (GHG) emissions of 8 tCO₂e using the market-based method and 265,100 tCO₂e using the location-based method. a
Since 2021, Melco International Development's Scope 2 greenhouse gas (GHG) emissions ( Location-Based) have increased by 24.98%, reflecting a rising long-term trend in Scope 2 emissions over time. a b
Compared to the previous year (2023), Melco International Development's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Melco International Development 's emissions have plateaued with no significant change in its energy consumption footprint. a
In 2024, Melco International Development reported its Scope 2 emissions using the market-based method and using the location-based method. a
In 2024, Melco International Development reported 468,055 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain. a
The 2024 disclosure of Melco International Development includes a breakdown across 9 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year. a
In 2024, Melco International Development reported total Scope 3 emissions of 468,055 metric tons of CO₂ equivalent (tCO₂e). a
Approximately 89.48% of these emissions originated from upstream activities such as purchased goods and capital goods, while 10.52% came from downstream activities like product use, distribution, and end-of-life treatment. a
Since 2021, Melco International Development's Scope 3 emissions have increased by 422.51%, reflecting a rising long-term trend in Scope 3 emissions over time. a b
Compared to the previous year (2023), Melco International Development's Scope 3 emissions increased by 25.57%, suggesting that the company faced challenges in reducing emissions across its value chain. a
In 2024, Melco International Development reported emissions for 9 out of the 15 Scope 3 categories defined by the GHG Protocol. a
This partial disclosure allows for some insight into the company's indirect impacts.
In 2024, the largest contributors to Melco International Development's Scope 3 emissions were: a
In 2024, Melco International Development reported Scope 1 greenhouse gas (GHG) emissions of 28,217 tCO₂e and total revenues of USD 4,658 millions. This translates into an emissions intensity of 6.06 tCO₂e per millions USD. a
In 2024, Melco International Development reported a Scope 1 emissions intensity of 6.06 tCO₂e per millions USD. Compared to the peer group median of 13.26 , this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors. a
In 2024, Melco International Development ranked 8 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a
Melco International Development is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency. a
In 2024, Melco International Development reported a total carbon footprint of 761,372 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 17.99% increase compared to 2023, suggesting a rise in emissions across its operations or value chain. a
The largest contributor to Melco International Development's total carbon footprint was Scope 3 emissions, accounting for 61.48% of the company's total carbon footprint, followed by Scope 2 emissions at 34.82%. a