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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 2024, 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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0000000
Total Scope 2
Market-Based
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0000000
Location-Based
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0000000
Total Scope 3
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0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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Verified Sources Behind MGM Resorts International’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 Resorts International’s data sources below and access millions more through our Disclosure Search.

a. MGM Resorts International's Verification report 2024
a. MGM Resorts International's Verification report 2024
b. MGM Resorts International's TCFD Report 2023
b. MGM Resorts International's TCFD Report 2023
c. MGM Resorts International's TCFD Report 2022
c. MGM Resorts International's TCFD Report 2022

Insights into MGM Resorts International's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions ofMGM Resorts International amounted to707,029metric 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 Resorts Internationaldecreased by 6.22%, showing that the company has made progress in taking action to reduce the climate impact of its operations.ab

MGM Resorts International's Scope 1 Emissions Over Time

201920202021202220232024070 k140 k210 k280 ktCO2e-28%+25%-3%-4%-4%
  • Total Scope 1
  • Year-over-Year Change

What are MGM Resorts International's Scope 1 emissions?

In 2024, the total Scope 1 emissions of MGM Resorts International were 224,425 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

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

Since 2019, MGM Resorts International's Scope 1 emissions have decreased by 19.41%, reflecting a declining long-term trend in Scope 1 emissions over time.ab

Compared to the previous year(2023), MGM Resorts International's Scope 1 emissions decreased by 3.56%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.ab

What are MGM Resorts International's Scope 2 emissions?

In 2024, MGM Resorts International reported Scope 2 greenhouse gas (GHG) emissions of 388,786 tCOâ‚‚e using the market-based method and 482,604 tCOâ‚‚e using the location-based method.a

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

Since 2019, MGM Resorts International's Scope 2 greenhouse gas (GHG) emissions (Location-Based)have decreased by 33.61%, reflecting a declining long-term trend in Scope 2 emissions over time.ab

Compared to the previous year(2023), 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.ab

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

In 2024, MGM Resorts International reported its Scope 2 emissions using the market-based method and using the location-based method.a

MGM Resorts International's Scope 2 Emissions Over Time

2019202020212022202320240200 k400 k600 k800 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into MGM Resorts International's Value Chain Emissions

In 2024, MGM Resorts International reported 251,347 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 MGM Resorts International includes a breakdown across 3of the 15 Scope 3 categories defined by the GHG Protocol,down from 7 in 2023, indicating a decline in reporting granularity and reduced insight into the company's full value chain emissions.a

MGM Resorts International's Scope 3 Emissions Over Time

2019202020212022202320240550 k1.1 M1.65 M2.2 MtCO2e-45%+39%+33%-2%-87%
  • Total Scope 3
  • Year-over-Year Change

What are MGM Resorts International's Scope 3 emissions?

In 2024, MGM Resorts International reported total Scope 3 emissions of 251,347 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).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

Has MGM Resorts International reduced its Scope 3 emissions over time?

Since 2019, MGM Resorts International's Scope 3 emissionshave decreased by 87.48%, reflecting a declining long-term trend in Scope 3 emissions over time.ac

Compared to the previous year (2023), MGM Resorts International's Scope 3 emissions decreased by 87.45%, highlighting the company's efforts to lower indirect emissions from its value chain.ab

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

In 2024, MGM Resorts International reported emissions for 3 out of the 15 Scope 3 categories defined by the GHG Protocol.a

The limited disclosure restricts visibility into specific emission sources across the company's value chain.

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

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

  • Fuel- and Energy-Related Services (Cat. 3): 187,445 tCOâ‚‚e(74.58%)
  • Waste Generated in Operations (Cat. 5): 56,699 tCOâ‚‚e(22.56%)
  • Business Travel (Cat. 6): 7,203 tCOâ‚‚e(2.87%)

MGM Resorts International's Scope 3 Emissions by Categories

Waste Generated inOperations (Cat. 5)(22.6%)Business Travel(Cat. 6)(2.9%)Fuel- andEnergy-RelatedServices (Cat. 3)(74.6%)

Insights into MGM Resorts International’s GHG Emissions Intensity Compared to Industry Peers

In 2024, MGM Resorts International reported Scope 1 greenhouse gas (GHG) emissions of 224,425 tCOâ‚‚e and total revenues of USD 17,241 millions. This translates into an emissions intensity of 13.02 tCOâ‚‚e per millions USD.a

MGM Resorts International's Scope 1 Emissions Intensity Compared to Peers

5005,000100,0002,000,00020,000,000Scope 1 Emissions (tCO2e)5002,00010,00020,000100,000Revenues (Millions of USD)Wynn ResortsYear: 2024Scope 1: 304,745 tCO2eRevenue: $M 7,128Scope 1 Intensity: 42.75 tCO2e/$MPolarisYear: 2024Scope 1: 49,513 tCO2eRevenue: $M 7,175Scope 1 Intensity: 6.90 tCO2e/$MMohawk IndustriesYear: 2024Scope 1: 1,967,585 tCO2eRevenue: $M 10,837Scope 1 Intensity: 181.56 tCO2e/$MSilgan HoldingsYear: 2021Scope 1: 260,303 tCO2eRevenue: $M 5,677Scope 1 Intensity: 45.85 tCO2e/$MMeritage HomesYear: 2024Scope 1: 5,129 tCO2eRevenue: $M 6,393Scope 1 Intensity: 0.80 tCO2e/$MGraphic Packaging HoldingYear: 2024Scope 1: 1,351,100 tCO2eRevenue: $M 8,807Scope 1 Intensity: 153.41 tCO2e/$MKB HomeYear: 2024Scope 1: 2,163 tCO2eRevenue: $M 6,930Scope 1 Intensity: 0.31 tCO2e/$MVail ResortsYear: 2024Scope 1: 84,055 tCO2eRevenue: $M 2,885Scope 1 Intensity: 29.13 tCO2e/$MDICK'S Sporting GoodsYear: 2022Scope 1: 52,131 tCO2eRevenue: $M 12,368Scope 1 Intensity: 4.21 tCO2e/$MAcademy Sports and OutdoorsYear: 2024Scope 1: 11,972 tCO2eRevenue: $M 5,933Scope 1 Intensity: 2.02 tCO2e/$MNordstromYear: 2024Scope 1: 25,890 tCO2eRevenue: $M 14,557Scope 1 Intensity: 1.78 tCO2e/$MRivian AutomotiveYear: 2024Scope 1: 32,082 tCO2eRevenue: $M 4,970Scope 1 Intensity: 6.46 tCO2e/$MTaylor Morrison HomeYear: 2024Scope 1: 7,460 tCO2eRevenue: $M 8,168Scope 1 Intensity: 0.91 tCO2e/$MInternational PaperYear: 2024Scope 1: 6,266,000 tCO2eRevenue: $M 18,619Scope 1 Intensity: 336.54 tCO2e/$MPENN EntertainmentYear: 2023Scope 1: 73,122 tCO2eRevenue: $M 6,363Scope 1 Intensity: 11.49 tCO2e/$MGenuine PartsYear: 2024Scope 1: 144,244 tCO2eRevenue: $M 23,486Scope 1 Intensity: 6.14 tCO2e/$MPenske Automotive GroupYear: 2024Scope 1: 103,206 tCO2eRevenue: $M 30,455Scope 1 Intensity: 3.39 tCO2e/$MLas Vegas SandsYear: 2024Scope 1: 155,421 tCO2eRevenue: $M 11,298Scope 1 Intensity: 13.76 tCO2e/$MBest BuyYear: 2024Scope 1: 209,440 tCO2eRevenue: $M 41,528Scope 1 Intensity: 5.04 tCO2e/$MCaesars EntertainmentYear: 2024Scope 1: 229,616 tCO2eRevenue: $M 11,245Scope 1 Intensity: 20.42 tCO2e/$MBoyd GamingYear: 2024Scope 1: 54,173 tCO2eRevenue: $M 3,930Scope 1 Intensity: 13.78 tCO2e/$MMarriott Vacations WorldwideYear: 2024Scope 1: 68,212 tCO2eRevenue: $M 4,967Scope 1 Intensity: 13.73 tCO2e/$MLennarYear: 2022Scope 1: 10,515 tCO2eRevenue: $M 33,670Scope 1 Intensity: 0.31 tCO2e/$MLithia MotorsYear: 2024Scope 1: 43,354 tCO2eRevenue: $M 36,189Scope 1 Intensity: 1.20 tCO2e/$MPultegroupYear: 2024Scope 1: 5,225 tCO2eRevenue: $M 17,949Scope 1 Intensity: 0.29 tCO2e/$MMGM Resorts InternationalYear: 2024Scope 1: 224,425 tCO2eRevenue: $M 17,241Scope 1 Intensity: 13.02 tCO2e/$M

How does MGM Resorts International's GHG emissions intensity compare to its peers?

In 2024, MGM Resorts International reported a Scope 1 emissions intensity of 13.02 tCOâ‚‚e per millions USD. Compared to the peer group median of 6.46, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a

Where does MGM Resorts International rank on GHG emissions intensity within its industry?

In 2024, MGM Resorts International ranked 16 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a

MGM Resorts International is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a

Insights into MGM Resorts International's Total Carbon Footprint

In 2024, MGM Resorts International reported a total carbon footprint of 958,376 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 65.24% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output.ab

The largest contributor to MGM Resorts International's total carbon footprint was Scope 2 emissions, accounting for 50.36% of the company's total carbon footprint, followed by Scope 3 emissions at 26.23%.a

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