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Melco Resorts & Entertainment Ltd
Melco Resorts & Entertainment's GHG Emissions Data Preview
In 2024, Melco Resorts & Entertainment 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 Resorts & Entertainment 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.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 2 | ||||
Location-Based | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
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aVerified Sources Behind Melco Resorts & Entertainment’s Greenhouse Gas (GHG) Emissions Data
Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Melco Resorts & Entertainment’s data sources below and access millions more through our Disclosure Search.
Insights into Melco Resorts & Entertainment's Operational Emissions
In 2024, the total operational greenhouse gas (GHG) emissions ofMelco Resorts & Entertainment amounted to293,310metric 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 Resorts & Entertainmentincreased by 7.62%, suggesting that the company faced challenges in reducing its emissions from its core operations.a
Melco Resorts & Entertainment's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are Melco Resorts & Entertainment's Scope 1 emissions?
In 2024, the total Scope 1 emissions of Melco Resorts & Entertainment were 28,217 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
Has Melco Resorts & Entertainment reduced its Scope 1 emissions over time?
Since 2019, Melco Resorts & Entertainment's Scope 1 emissions have decreased by 3.75%, reflecting a declining long-term trend in Scope 1 emissions over time.ab
Compared to the previous year(2023), Melco Resorts & Entertainment'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
What are Melco Resorts & Entertainment's Scope 2 emissions?
In 2024, Melco Resorts & Entertainment reported Scope 2 greenhouse gas (GHG) emissions of 265,093 tCOâ‚‚e using the location-based method.a
Has Melco Resorts & Entertainment reduced its Scope 2 emissions over time?
Since 2019, Melco Resorts & Entertainment's Scope 2 greenhouse gas (GHG) emissions (Location-Based)have remained relatively stable, indicating that Melco Resorts & Entertainment's emissions have plateaued with no significant change in its energy consumption footprint.ab
Compared to the previous year(2023), Melco Resorts & Entertainment's Scope 2 emissions(Location-Based) have remained relatively stable, indicating that Melco Resorts & Entertainment's emissions have plateaued with no significant change in its energy consumption footprint.a
What methodology does Melco Resorts & Entertainment use for Scope 2 reporting?
In 2024, Melco Resorts & Entertainment reported its Scope 2 emissions using the location-based method.a
Melco Resorts & Entertainment's Scope 2 Emissions Over Time
- Total Scope 2 Location-Based
Insights into Melco Resorts & Entertainment's Value Chain Emissions
In 2024, Melco Resorts & Entertainment reported 468,055 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a
The 2024 disclosure of Melco Resorts & Entertainment includes a breakdown across 9of 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
Melco Resorts & Entertainment's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are Melco Resorts & Entertainment's Scope 3 emissions?
In 2024, Melco Resorts & Entertainment reported total Scope 3 emissions of 468,055 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).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
Has Melco Resorts & Entertainment reduced its Scope 3 emissions over time?
Since 2019, Melco Resorts & Entertainment's Scope 3 emissionshave increased by 464.46%, reflecting a rising long-term trend in Scope 3 emissions over time.ab
Compared to the previous year (2023), Melco Resorts & Entertainment's Scope 3 emissions increased by 25.57%, suggesting that the company faced challenges in reducing emissions across its value chain.a
What categories of Scope 3 emissions does Melco Resorts & Entertainment disclose?
In 2024, Melco Resorts & Entertainment 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.
What are the main sources of Melco Resorts & Entertainment's Scope 3 emissions?
In 2024, the largest contributors to Melco Resorts & Entertainment's Scope 3 emissions were:a
- Purchased Goods and Services (Cat. 1): 223,089 tCOâ‚‚e(47.66%)
- Capital Goods (Cat. 2): 96,002 tCOâ‚‚e(20.51%)
- Fuel- and Energy-Related Services (Cat. 3): 75,704 tCOâ‚‚e(16.17%)
Melco Resorts & Entertainment's Scope 3 Emissions by Categories
Insights into Melco Resorts & Entertainment’s GHG Emissions Intensity Compared to Industry Peers
In 2024, Melco Resorts & Entertainment reported Scope 1 greenhouse gas (GHG) emissions of 28,217 tCOâ‚‚e and total revenues of USD 4,638 millions. This translates into an emissions intensity of 6.08 tCOâ‚‚e per millions USD.a
Melco Resorts & Entertainment's Scope 1 Emissions Intensity Compared to Peers
How does Melco Resorts & Entertainment's GHG emissions intensity compare to its peers?
In 2024, Melco Resorts & Entertainment reported a Scope 1 emissions intensity of 6.08 tCOâ‚‚e per millions USD. Compared to the peer group median of 12.25, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a
Where does Melco Resorts & Entertainment rank on GHG emissions intensity within its industry?
In 2024, Melco Resorts & Entertainment ranked 9 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a
Melco Resorts & Entertainment is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a
Insights into Melco Resorts & Entertainment's Total Carbon Footprint
In 2024, Melco Resorts & Entertainment reported a total carbon footprint of 761,365 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) 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 Resorts & Entertainment'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