Sands China Ltd

Common Name
Sands China
Country
Macau
Sector
Consumer Cyclical
Industry
Resorts & Casinos
Employees
27,064
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 2023, 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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Total Scope 2
Market-Based
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Location-Based
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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 Sands China's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Sands China amounted to 465,705 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 Sands China increased by 22.49%, suggesting that the company faced challenges in reducing its emissions from its core operations.

Sands China's Scope 1 Emissions Over Time

201820192020202120222023055 k110 k165 k220 ktCO2e-19%-80%-23%+22%+201%
  • Total Scope 1
  • Year-over-Year Change

What are Sands China's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Sands China were 94,216 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Has Sands China reduced its Scope 1 emissions over time?

Since 2018, Sands China's Scope 1 emissions have decreased by 54.62%, reflecting a declining long-term trend in Scope 1 emissions over time.

Compared to the previous year (2022), Sands China's Scope 1 emissions increased by 201.46%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.

What are Sands China's Scope 2 emissions?

In 2023, Sands China reported Scope 2 greenhouse gas (GHG) emissions of 220,782 tCOâ‚‚e using the market-based method, and 371,489 tCOâ‚‚e using the location-based method.

Has Sands China reduced its Scope 2 emissions over time?

Since 2018, Sands China's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have decreased by 31.27%, reflecting a declining long-term trend in Scope 2 emissions over time.

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

What methodology does Sands China use for Scope 2 reporting?

In 2023, Sands China reported its Scope 2 emissions using the market-based method and using the location-based method.

Sands China's Scope 2 Emissions Over Time

2018201920202021202220230150 k300 k450 k600 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Sands China's Value Chain Emissions

In 2023, Sands China reported 504,743 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 Sands China includes a breakdown across 8 of the 15 Scope 3 categories defined by the GHG Protocol, down from 9 in 2022, indicating a decline in reporting granularity and reduced insight into the company's full value chain emissions.

Sands China's Scope 3 Emissions Over Time

2018201920202021202220230150 k300 k450 k600 ktCO2e+41%-10%-7%+736%+54%
  • Total Scope 3
  • Year-over-Year Change

What are Sands China's Scope 3 emissions?

In 2023, Sands China reported total Scope 3 emissions of 504,743 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.

Has Sands China reduced its Scope 3 emissions over time?

Since 2018, Sands China's Scope 3 emissions have increased by 1,417.98%, reflecting a rising long-term trend in Scope 3 emissions over time.

Compared to the previous year (2022), Sands China's Scope 3 emissions increased by 53.57%, suggesting that the company faced challenges in reducing emissions across its value chain.

What categories of Scope 3 emissions does Sands China disclose?

In 2023, Sands China reported emissions for 8 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 Sands China's Scope 3 emissions?

In 2023, the largest contributors to Sands China's Scope 3 emissions were:

  • Purchased Goods and Services (Cat. 1): 243,850 tCOâ‚‚e (48.31%)
  • Capital Goods (Cat. 2): 134,686 tCOâ‚‚e (26.68%)
  • Fuel- and Energy-Related Services (Cat. 3): 100,861 tCOâ‚‚e (19.98%)

Sands China's Scope 3 Emissions by Categories

Capital Goods(Cat. 2)(26.7%)Purchased Goods andServices (Cat. 1)(48.3%)Fuel- andEnergy-RelatedServices (Cat. 3)(20.0%)

Insights into Sands China's Total Carbon Footprint

In 2023, Sands China reported a total carbon footprint of 970,448 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 36.9% increase compared to 2022, suggesting a rise in emissions across its operations or value chain.

The largest contributor to Sands China's total carbon footprint was Scope 3 emissions, accounting for 52.01% of the company's total carbon footprint, followed by Scope 2 emissions at 38.28%.