MGM China Holdings Ltd

Common Name
MGM China Holdings
Country
Macau
Sector
Consumer Cyclical
Industry
Resorts & Casinos
Employees
13,327
Ticker
2282
Exchange
HONG KONG EXCHANGES AND CLEARING LTD
Description
MGM China Holdings Ltd. is a prominent player within the integrated resort and gaming industry in Macau, a renowned global gaming and entertainment hub. The company is primarily engaged in the develop...

MGM China Holdings's GHG Emissions Data Preview

In 2024, MGM China Holdings 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).

MGM China Holdings has also provided a category-level breakdown for 8 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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Total Scope 2
Unspecified Calculation Method
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Total Scope 3
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Total Scope 1 Revenue Intensity (tCO2e/$M)
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Verified Sources Behind MGM China Holdings’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 MGM China Holdings’s data sources below and access millions more through our Disclosure Search.

a. MGM China Holdings's Sustainability Report 2024
a. MGM China Holdings's Sustainability Report 2024
b. MGM China Holdings's Sustainability Report 2023
b. MGM China Holdings's Sustainability Report 2023

Insights into MGM China Holdings's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of MGM China Holdings amounted to 131,387 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 MGM China Holdings increased by 4.63%, suggesting that the company faced challenges in reducing its emissions from its core operations. a

MGM China Holdings's Scope 1 Emissions Over Time

202120222023202403 k6 k9 k12 ktCO2e0%+35%+28%
  • Total Scope 1
  • Year-over-Year Change

What are MGM China Holdings's Scope 1 emissions?

In 2024, the total Scope 1 emissions of MGM China Holdings were 11,109 metric tons of CO₂ equivalent (tCO₂e). a

Has MGM China Holdings reduced its Scope 1 emissions over time?

Since 2021, MGM China Holdings's Scope 1 emissions have increased by 73.66%, reflecting a rising long-term trend in Scope 1 emissions over time. a b

Compared to the previous year (2023), MGM China Holdings's Scope 1 emissions increased by 28.12%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations. a

What are MGM China Holdings's Scope 2 emissions?

In 2024, MGM China Holdings reported Scope 2 greenhouse gas (GHG) emissions of 120,278 tCO₂e without specifying the calculation method. a

Has MGM China Holdings reduced its Scope 2 emissions over time?

Since 2021, MGM China Holdings's Scope 2 greenhouse gas (GHG) emissions ( Unspecified Calculation Method) have decreased by 20.66%, reflecting a declining long-term trend in Scope 2 emissions over time. a b

Compared to the previous year (2023), MGM China Holdings's Scope 2 emissions (Unspecified Calculation Method) have remained relatively stable, indicating that MGM China Holdings 's emissions have plateaued with no significant change in its energy consumption footprint. a

What methodology does MGM China Holdings use for Scope 2 reporting?

In 2024, MGM China Holdings reported its Scope 2 emissions using an unspecified methodology. a

MGM China Holdings's Scope 2 Emissions Over Time

2021202220232024040 k80 k120 k160 ktCO2e
  • Total Scope 2 (Unspecified Calculation Method)

Insights into MGM China Holdings's Value Chain Emissions

In 2024, MGM China Holdings reported 140,523 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 MGM China Holdings includes a breakdown across 8 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

MGM China Holdings's Scope 3 Emissions Over Time

20232024040 k80 k120 k160 ktCO2e+49%
  • Total Scope 3
  • Year-over-Year Change

What are MGM China Holdings's Scope 3 emissions?

In 2024, MGM China Holdings reported total Scope 3 emissions of 140,523 metric tons of CO₂ equivalent (tCO₂e). a

Approximately 100% of these emissions originated from upstream activities such as purchased goods and capital goods, while 0% came from downstream activities like product use, distribution, and end-of-life treatment. a

Compared to the previous year (2023), MGM China Holdings's Scope 3 emissions increased by 48.8%, suggesting that the company faced challenges in reducing emissions across its value chain. a

What categories of Scope 3 emissions does MGM China Holdings disclose?

In 2024, MGM China Holdings reported emissions for 8 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 MGM China Holdings's Scope 3 emissions?

In 2024, the largest contributors to MGM China Holdings's Scope 3 emissions were: a

  • Purchased Goods and Services (Cat. 1): 77,328 tCO₂e (55.03%)
  • Capital Goods (Cat. 2): 29,498 tCO₂e (20.99%)
  • Fuel- and Energy-Related Services (Cat. 3): 24,494 tCO₂e (17.43%)

MGM China Holdings's Scope 3 Emissions by Categories

Capital Goods(Cat. 2)(21.0%)Purchased Goods andServices (Cat. 1)(55.0%)Fuel- andEnergy-RelatedServices (Cat. 3)(17.4%)

Insights into MGM China Holdings’s GHG Emissions Intensity Compared to Industry Peers

In 2024, MGM China Holdings reported Scope 1 greenhouse gas (GHG) emissions of 11,109 tCO₂e and total revenues of USD 4,042 millions. This translates into an emissions intensity of 2.75 tCO₂e per millions USD. a

MGM China Holdings's Scope 1 Emissions Intensity Compared to Peers

5005,000100,0001,000,00020,000,000Scope 1 Emissions (tCO2e)502002,00020,000200,000Revenues (Millions of USD)KMGenting MalaysiaYear: 2024Scope 1: 39,535 tCO2eRevenue: $M 2,440Scope 1 Intensity: 16.20 tCO2e/$MWynn ResortsYear: 2024Scope 1: 304,745 tCO2eRevenue: $M 7,128Scope 1 Intensity: 42.75 tCO2e/$MKKKangwon Land IncYear: 2023Scope 1: 28,507 tCO2eRevenue: $M 1,087Scope 1 Intensity: 26.23 tCO2e/$MVail ResortsYear: 2023Scope 1: 87,923 tCO2eRevenue: $M 2,889Scope 1 Intensity: 30.43 tCO2e/$MDeltaYear: 2023Scope 1: 8,740 tCO2eRevenue: $M 117Scope 1 Intensity: 74.40 tCO2e/$MMelco Resorts & EntertainmentYear: 2023Scope 1: 20,392 tCO2eRevenue: $M 3,775Scope 1 Intensity: 5.40 tCO2e/$MGalaxy Entertainment GroupYear: 2024Scope 1: 402,597 tCO2eRevenue: $M 5,592Scope 1 Intensity: 71.99 tCO2e/$MMGM Resorts InternationalYear: 2024Scope 1: 224,425 tCO2eRevenue: $M 17,241Scope 1 Intensity: 13.02 tCO2e/$MPENN EntertainmentYear: 2022Scope 1: 64,080 tCO2eRevenue: $M 6,402Scope 1 Intensity: 10.01 tCO2e/$MMelco International DevelopmentYear: 2024Scope 1: 28,217 tCO2eRevenue: $M 4,658Scope 1 Intensity: 6.06 tCO2e/$MGentingYear: 2024Scope 1: 4,202,311 tCO2eRevenue: $M 6,199Scope 1 Intensity: 677.95 tCO2e/$MStar Entertainment GroupYear: 2023Scope 1: 9,774 tCO2eRevenue: $M 1,237Scope 1 Intensity: 7.90 tCO2e/$MSkycity Entertainment GroupYear: 2023Scope 1: 5,361 tCO2eRevenue: $M 525Scope 1 Intensity: 10.22 tCO2e/$MLas Vegas SandsYear: 2024Scope 1: 155,421 tCO2eRevenue: $M 11,298Scope 1 Intensity: 13.76 tCO2e/$MGenting SingaporeYear: 2024Scope 1: 2,440 tCO2eRevenue: $M 1,856Scope 1 Intensity: 1.31 tCO2e/$MCaesars EntertainmentYear: 2024Scope 1: 229,616 tCO2eRevenue: $M 11,245Scope 1 Intensity: 20.42 tCO2e/$MResorttrustYear: 2023Scope 1: 54,192 tCO2eRevenue: $M 1,275Scope 1 Intensity: 42.50 tCO2e/$MTsogo SunYear: 2023Scope 1: 11,958 tCO2eRevenue: $M 622Scope 1 Intensity: 19.22 tCO2e/$MBoyd GamingYear: 2024Scope 1: 54,173 tCO2eRevenue: $M 3,930Scope 1 Intensity: 13.78 tCO2e/$MWynn MacauYear: 2024Scope 1: 12,485 tCO2eRevenue: $M 3,701Scope 1 Intensity: 3.37 tCO2e/$MNagacorpYear: 2023Scope 1: 9,100 tCO2eRevenue: $M 3,909Scope 1 Intensity: 2.33 tCO2e/$MMarriott Vacations WorldwideYear: 2023Scope 1: 63,857 tCO2eRevenue: $M 4,727Scope 1 Intensity: 13.51 tCO2e/$MMonte-Carlo SBMYear: 2025Scope 1: 1,925 tCO2eRevenue: $M 831Scope 1 Intensity: 2.32 tCO2e/$MSands ChinaYear: 2023Scope 1: 94,216 tCO2eRevenue: $M 51,079Scope 1 Intensity: 1.84 tCO2e/$MMMMGM China HoldingsYear: 2024Scope 1: 11,109 tCO2eRevenue: $M 4,042Scope 1 Intensity: 2.75 tCO2e/$M

How does MGM China Holdings's GHG emissions intensity compare to its peers?

In 2024, MGM China Holdings reported a Scope 1 emissions intensity of 2.75 tCO₂e per millions USD. Compared to the peer group median of 13.63 , this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors. a

Where does MGM China Holdings rank on GHG emissions intensity within its industry?

In 2024, MGM China Holdings ranked 5 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

This places MGM China Holdings among the top performers, with one of the lowest emissions intensities relative to peers. a

Insights into MGM China Holdings's Total Carbon Footprint

In 2024, MGM China Holdings reported a total carbon footprint of 271,910 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 23.59% increase compared to 2023, suggesting a rise in emissions across its operations or value chain. a

The largest contributor to MGM China Holdings's total carbon footprint was Scope 3 emissions, accounting for 51.68% of the company's total carbon footprint, followed by Scope 2 emissions at 44.23%. a

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