MGM Resorts International

Country
United States
Sector
Consumer Cyclical
Industry
Resorts & Casinos
Employees
60,000
Ticker
MGM
Exchange
NEW YORK STOCK EXCHANGE, INC.
Description
MGM Resorts International operates as a global hospitality and entertainment company, known for its luxury accommodations, high-profile casino resorts, and vibrant live entertainment options. The comp...

MGM Resorts International Energy Data Preview

In 2023, MGM Resorts International disclosed key data related to its energy management practices, providing transparency into its operational energy use in line with recognized sustainability reporting frameworks.

MGM Resorts International disclosed progress toward renewable energy adoption, highlighting the share of total energy sourced from renewable versus non-renewable sources.

Finally, MGM Resorts International also reported the types of energy sources as well as generation technologies, helping stakeholders evaluate MGM Resorts International's reliance on fossil fuels versus cleaner alternatives.

Metric (GJ)2024202320222021 - 2017
Total Energy Consumed
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Renewable Energy Consumed
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Non-renewable Energy Consumed
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Electricity Consumed
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This table provides a simplified preview of selected energy data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into MGM Resorts International's Energy Renewability

In 2023, MGM Resorts International consumed a total of 8.34 million Gigajoules of energy across its operations. Of this total, 12.67% was sourced from renewable energy, either derived from natural resources like biofuels, biomass, or biogas, or generated using renewable technologies such as solar or wind power. The remaining 87.33% was classified as non-renewable energy, coming from fossil-based fuels such as coal, natural gas, or crude oil, or from non-renewable generation technologies like nuclear power.

MGM Resorts International's Energy Renewability Rate

13%

How much of MGM Resorts International's energy consumed is renewable?

In 2023, MGM Resorts International consumed a total of 8.34 million Gigajoules of energy, of which 12.67% was derived from renewable sources, including biofuels, biomass, biogas, solar, and wind power.

This low level of renewable energy use highlights a heavy reliance on fossil fuels or other non-renewable sources, suggesting that MGM Resorts International has considerable room to improve its energy sustainability strategy.

Are MGM Resorts International's energy practices becoming more sustainable?

Since 2021, MGM Resorts International's total energy consumption decreased by 1.21%, including a further 2.14% drop in 2023, highlighting a continued decline in energy use.

Over the same period, the share of renewable energy in MGM Resorts International's consumption increased by 21.93%, including a 1.18% increase in 2023, showing consistent progress in clean energy adoption.

Overall, MGM Resorts International has reduced its total energy consumption while steadily increasing its use of renewables, reflecting a strong commitment to reducing its energy-related environmental footprint.

MGM Resorts International's Renewable vs Non-renewable Energy Over Time

7.75 M3.75 M249.67 k7.75 MGigajoules (GJ)20212022202313%13%89%87%87%
  • Renewable Energy Consumed
  • Non-renewable Energy Consumed

Insights into MGM Resorts International's Energy Consumption & Production Mix

In 2023, MGM Resorts International disclosed detailed information on the sources and generation technologies of the energy it consumed. This disclosure enables a clearer assessment of the MGM Resorts International's overall energy mix, its sourcing strategy, and its reliance on fossil fuels versus cleaner alternatives such as renewables and low-carbon technologies.

MGM Resorts International's Energy Consumed by Sources and Technologies

Electricity(Unspecified Source)(60.0%)Natural Gas(34.8%)Diesel, Gasoline(Petrol), Jet Fuel(ATF) and Propane(5.2%)

What are the main sources and generation technologies behind MGM Resorts International's energy consumption?

In 2023, MGM Resorts International's total energy consumption was primarily sourced from

  • Electricity (Unspecified Source) (60.01%)
  • Natural Gas (34.78%)
  • Diesel, Gasoline (Petrol), Jet Fuel (ATF) and Propane (5.21%)

How diverse is MGM Resorts International’s energy consumption mix?

In 2023, MGM Resorts International consumed energy from 5 different sources or generation technologies, indicating a moderately diverse energy mix, with some concentration in a primary source.

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