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's GHG Emissions Data Preview

In 2023, MGM Resorts International 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 Resorts International has also provided a category-level breakdown for 7 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
Market-Based
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Location-Based
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Unspecified Calculation Method
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Total Scope 3
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This table provides a simplified preview of selected GHG emissions 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 Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of MGM Resorts International amounted to 753,891 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).

Compared to 2022, the total operational greenhouse gas (GHG) emissions of MGM Resorts International decreased by 2.6%, showing that the company has made progress in taking action to reduce the climate impact of its operations.

MGM Resorts International's Scope 1 Emissions Over Time

201820192020202120222023070 k140 k210 k280 ktCO2e+13%-28%+25%-3%-4%
  • Total Scope 1
  • Year-over-Year Change

What are MGM Resorts International's Scope 1 emissions?

In 2023, the total Scope 1 emissions of MGM Resorts International were 232,707 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Has MGM Resorts International reduced its Scope 1 emissions over time?

Since 2018, MGM Resorts International's Scope 1 emissions have decreased by 5.46%, reflecting a declining long-term trend in Scope 1 emissions over time.

Compared to the previous year (2022), MGM Resorts International's Scope 1 emissions decreased by 4.19%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.

What are MGM Resorts International's Scope 2 emissions?

In 2023, MGM Resorts International reported Scope 2 greenhouse gas (GHG) emissions of 407,884 tCOâ‚‚e using the market-based method, and 521,184 tCOâ‚‚e using the location-based method.

Has MGM Resorts International reduced its Scope 2 emissions over time?

Compared to the previous year (2022), MGM Resorts International's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that MGM Resorts International 's emissions have plateaued with no significant change in its energy consumption footprint.

What methodology does MGM Resorts International use for Scope 2 reporting?

In 2023, MGM Resorts International reported its Scope 2 emissions using the market-based method and using the location-based method.

MGM Resorts International's Scope 2 Emissions Over Time

2018201920202021202220230200 k400 k600 k800 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based
  • Total Scope 2 (Unspecified Calculation Method)

Insights into MGM Resorts International's Value Chain Emissions

In 2023, MGM Resorts International reported 2,002,848 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.

The 2023 disclosure of MGM Resorts International includes a breakdown across 7 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.

MGM Resorts International's Scope 3 Emissions Over Time

201920202021202220230550 k1.1 M1.65 M2.2 MtCO2e-45%+39%+33%-2%
  • Total Scope 3
  • Year-over-Year Change

What are MGM Resorts International's Scope 3 emissions?

In 2023, MGM Resorts International reported total Scope 3 emissions of 2,002,848 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

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.

Compared to the previous year (2022), MGM Resorts International's Scope 3 emissions remained relatively stable, indicating that MGM Resorts International 's emissions have plateaued with no significant change in its value chain footprint.

What categories of Scope 3 emissions does MGM Resorts International disclose?

In 2023, MGM Resorts International reported emissions for 7 out of the 15 Scope 3 categories defined by the GHG Protocol.

This partial disclosure allows for some insight into the company's indirect impacts.

What are the main sources of MGM Resorts International's Scope 3 emissions?

In 2023, the largest contributors to MGM Resorts International's Scope 3 emissions were:

  • Purchased Goods and Services (Cat. 1): 1,015,395 tCOâ‚‚e (50.7%)
  • Capital Goods (Cat. 2): 595,432 tCOâ‚‚e (29.73%)
  • Fuel- and Energy-Related Services (Cat. 3): 237,147 tCOâ‚‚e (11.84%)

MGM Resorts International's Scope 3 Emissions by Categories

Fuel- andEnergy-RelatedServices (Cat. 3)(11.8%)Capital Goods(Cat. 2)(29.7%)Purchased Goods andServices (Cat. 1)(50.7%)

Insights into MGM Resorts International's Total Carbon Footprint

In 2023, MGM Resorts International reported a total carbon footprint of 2,756,739 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 1.98% decrease compared to 2022, indicating progress in reducing its overall greenhouse gas output.

The largest contributor to MGM Resorts International's total carbon footprint was Scope 3 emissions, accounting for 72.65% of the company's total carbon footprint, followed by Scope 2 emissions at 18.91%.