Melco Resorts & Entertainment Ltd
Melco Resorts & Entertainment's GHG Emissions Data Preview
In 2023, 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) | 2023 | 2022 | 2021 | 2020 - 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 2023, the total operational greenhouse gas (GHG) emissions of Melco Resorts & Entertainment amounted to 272,547 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 2022, the total operational greenhouse gas (GHG) emissions of Melco Resorts & Entertainment increased by 20.78%, 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 2023, the total Scope 1 emissions of Melco Resorts & Entertainment were 20,392 metric tons of CO₂ equivalent (tCO₂e). a
Has Melco Resorts & Entertainment reduced its Scope 1 emissions over time?
Since 2018, Melco Resorts & Entertainment's Scope 1 emissions have increased by 3.16%, reflecting a rising long-term trend in Scope 1 emissions over time. a b
Compared to the previous year (2022), Melco Resorts & Entertainment's Scope 1 emissions increased by 18.96%, 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 2023, Melco Resorts & Entertainment reported Scope 2 greenhouse gas (GHG) emissions of 252,155 tCO₂e using the location-based method. a
Has Melco Resorts & Entertainment reduced its Scope 2 emissions over time?
Since 2018, 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. a b
Compared to the previous year (2022), Melco Resorts & Entertainment's Scope 2 emissions (Location-Based) rose by 20.93% in 2023, suggesting that the company faced challenges in reducing emissions from purchased electricity and energy a
What methodology does Melco Resorts & Entertainment use for Scope 2 reporting?
In 2023, 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 2023, Melco Resorts & Entertainment reported 372,748 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 2023 disclosure of Melco Resorts & Entertainment includes a breakdown across 9 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2022, 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 2023, Melco Resorts & Entertainment reported total Scope 3 emissions of 372,748 metric tons of CO₂ equivalent (tCO₂e). a
Approximately 88.13% of these emissions originated from upstream activities such as purchased goods and capital goods, while 11.87% came from downstream activities like product use, distribution, and end-of-life treatment. a
Compared to the previous year (2022), Melco Resorts & Entertainment's Scope 3 emissions remained relatively stable, indicating that Melco Resorts & Entertainment 's emissions have plateaued with no significant change in its value chain footprint. a
What categories of Scope 3 emissions does Melco Resorts & Entertainment disclose?
In 2023, 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 2023, the largest contributors to Melco Resorts & Entertainment's Scope 3 emissions were: a
- Purchased Goods and Services (Cat. 1): 167,148 tCO₂e (44.84%)
- Capital Goods (Cat. 2): 77,461 tCO₂e (20.78%)
- Fuel- and Energy-Related Services (Cat. 3): 68,529 tCO₂e (18.38%)
Melco Resorts & Entertainment's Scope 3 Emissions by Categories
Insights into Melco Resorts & Entertainment’s GHG Emissions Intensity Compared to Industry Peers
In 2023, Melco Resorts & Entertainment reported Scope 1 greenhouse gas (GHG) emissions of 20,392 tCO₂e and total revenues of USD 3,775 millions. This translates into an emissions intensity of 5.4 tCO₂e 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 2023, Melco Resorts & Entertainment reported a Scope 1 emissions intensity of 5.4 tCO₂e per millions USD. Compared to the peer group median of 12.4 , 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 2023, Melco Resorts & Entertainment ranked 9 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e 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 2023, Melco Resorts & Entertainment reported a total carbon footprint of 645,295 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 6.96% increase compared to 2022, 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 57.76% of the company's total carbon footprint, followed by Scope 2 emissions at 39.08%. a