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Sands China Ltd

Common Name
Sands China
Country
Macau
Sector
Consumer Cyclical
Industry
Resorts & Casinos
Employees
27,052
Ticker
1928
Exchange
HONG KONG EXCHANGES AND CLEARING LTD
Description
Sands China Ltd., a prominent hospitality and gaming company, plays a pivotal role in the integrated resort industry across Macau, which is one of the most significant gaming destinations globally. Th...

Sands China's GHG Emissions Data Preview

In 2024, Sands China 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).

Sands China 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)2024202320222021 - 2017
Total Scope 1
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0000000
Total Scope 2
Market-Based
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a
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a
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a
0000000
Location-Based
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a
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a
0000000
Total Scope 3
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a
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a
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a
0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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a
0000000
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Verified Sources Behind Sands China’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 Sands China’s data sources below and access millions more through our Disclosure Search.

a. Sands China's ESG Report 2024
a. Sands China's ESG Report 2024
b. Sands China's ESG Report 2023
b. Sands China's ESG Report 2023
c. Sands China's ESG Report 2022
c. Sands China's ESG Report 2022

Insights into Sands China's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions ofSands China amounted to381,832metric 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 Sands Chinadecreased by 18.01%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a

Sands China's Scope 1 Emissions Over Time

201920202021202220232024045 k90 k135 k180 ktCO2e-80%-23%+22%+201%+36%
  • Total Scope 1
  • Year-over-Year Change

What are Sands China's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Sands China were 127,885 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Has Sands China reduced its Scope 1 emissions over time?

Since 2019, Sands China's Scope 1 emissions have decreased by 23.61%, reflecting a declining long-term trend in Scope 1 emissions over time.ac

Compared to the previous year(2023), Sands China's Scope 1 emissions increased by 35.74%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.a

What are Sands China's Scope 2 emissions?

In 2024, Sands China reported Scope 2 greenhouse gas (GHG) emissions of 170,632 tCOâ‚‚e using the market-based method and 253,947 tCOâ‚‚e using the location-based method.a

Has Sands China reduced its Scope 2 emissions over time?

Since 2019, Sands China's Scope 2 greenhouse gas (GHG) emissions (Location-Based)have decreased by 55.98%, reflecting a declining long-term trend in Scope 2 emissions over time.ac

Compared to the previous year(2023), Sands China's Scope 2 emissions(Location-Based) fell by 31.64% in 2024, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption.a

What methodology does Sands China use for Scope 2 reporting?

In 2024, Sands China reported its Scope 2 emissions using the market-based method and using the location-based method.a

Sands China's Scope 2 Emissions Over Time

2019202020212022202320240150 k300 k450 k600 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Sands China's Value Chain Emissions

In 2024, Sands China reported 1,408,168 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 Sands China includes a breakdown across 8of 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

Sands China's Scope 3 Emissions Over Time

2019202020212022202320240400 k800 k1.2 M1.6 MtCO2e-10%-7%+736%+54%+179%
  • Total Scope 3
  • Year-over-Year Change

What are Sands China's Scope 3 emissions?

In 2024, Sands China reported total Scope 3 emissions of 1,408,168 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 Sands China reduced its Scope 3 emissions over time?

Since 2019, Sands China's Scope 3 emissionshave increased by 2,907.36%, reflecting a rising long-term trend in Scope 3 emissions over time.ac

Compared to the previous year (2023), Sands China's Scope 3 emissions increased by 178.99%, suggesting that the company faced challenges in reducing emissions across its value chain.a

What categories of Scope 3 emissions does Sands China disclose?

In 2024, Sands China 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 Sands China's Scope 3 emissions?

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

  • Capital Goods (Cat. 2): 750,248 tCOâ‚‚e(53.28%)
  • Purchased Goods and Services (Cat. 1): 539,059 tCOâ‚‚e(38.28%)
  • Fuel- and Energy-Related Services (Cat. 3): 94,953 tCOâ‚‚e(6.74%)

Sands China's Scope 3 Emissions by Categories

Capital Goods(Cat. 2)(53.3%)Purchased Goods andServices (Cat. 1)(38.3%)Fuel- andEnergy-RelatedServices (Cat. 3)(6.7%)

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

In 2024, Sands China reported Scope 1 greenhouse gas (GHG) emissions of 127,885 tCOâ‚‚e and total revenues of USD 55,347 millions. This translates into an emissions intensity of 2.31 tCOâ‚‚e per millions USD.a

Sands China's Scope 1 Emissions Intensity Compared to Peers

5005,000100,0001,000,00020,000,000Scope 1 Emissions (tCO2e)1001,0005,00020,000200,000Revenues (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: 2024Scope 1: 84,055 tCO2eRevenue: $M 2,885Scope 1 Intensity: 29.13 tCO2e/$MMelco Resorts & EntertainmentYear: 2024Scope 1: 28,217 tCO2eRevenue: $M 4,638Scope 1 Intensity: 6.08 tCO2e/$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: 2023Scope 1: 73,122 tCO2eRevenue: $M 6,363Scope 1 Intensity: 11.49 tCO2e/$MMelco International DevelopmentYear: 2024Scope 1: 28,217 tCO2eRevenue: $M 4,658Scope 1 Intensity: 6.06 tCO2e/$MGentingYear: 2024Scope 1: 4,202,311 tCO2eRevenue: $M 6,199Scope 1 Intensity: 677.95 tCO2e/$MMMMGM China HoldingsYear: 2024Scope 1: 11,109 tCO2eRevenue: $M 4,042Scope 1 Intensity: 2.75 tCO2e/$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: $M 11,245Scope 1 Intensity: 20.42 tCO2e/$MCentral Plaza HotelYear: 2024Scope 1: 17,078 tCO2eRevenue: $M 671Scope 1 Intensity: 25.45 tCO2e/$MResorttrustYear: 2024Scope 1: 57,021 tCO2eRevenue: $M 1,333Scope 1 Intensity: 42.79 tCO2e/$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: 2024Scope 1: 68,212 tCO2eRevenue: $M 4,967Scope 1 Intensity: 13.73 tCO2e/$MMonte-Carlo SBMYear: 2025Scope 1: 1,925 tCO2eRevenue: $M 831Scope 1 Intensity: 2.32 tCO2e/$MSands ChinaYear: 2024Scope 1: 127,885 tCO2eRevenue: $M 55,347Scope 1 Intensity: 2.31 tCO2e/$M

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

In 2024, Sands China reported a Scope 1 emissions intensity of 2.31 tCOâ‚‚e per millions USD. Compared to the peer group median of 13.74, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a

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

In 2024, Sands China ranked 2 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a

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

Insights into Sands China's Total Carbon Footprint

In 2024, Sands China reported a total carbon footprint of 1,790,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 84.45% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.a

The largest contributor to Sands China's total carbon footprint was Scope 3 emissions, accounting for 78.67% of the company's total carbon footprint, followed by Scope 2 emissions at 14.19%.a

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