Melco International Unveils ESG Blueprint: 2030 Carbon-Neutral Resorts, Zero-Waste Operations and Enhanced Board Oversight

Bulletin Express04-28 23:06

Melco International Development Limited released its 2025 Environmental, Social and Governance Report detailing a sharpened sustainability roadmap, new governance architecture and measurable progress against medium-term climate and resource-efficiency targets.

Melco International’s Board now receives direct guidance from the newly formed Environmental Sustainability & Corporate Social Responsibility Committee. Composed solely of Independent Non-Executive Directors, the body oversees strategy, targets and disclosure, while 10% of four senior executives’ annual bonuses are tied to meeting four ESG metrics, including progress on greenhouse-gas (GHG) intensity.

RISE Strategy Targets • Carbon-neutral integrated resorts and zero waste by 2030. • 5% reduction in Scope 1 & 2 GHG intensity and 3% cut in energy-consumption intensity by 2030, using 2019 as the baseline, with an “ambitious” 22% GHG-intensity ambition. • 19% water-intensity reduction and 5% diversion of useful materials from disposal by 2030.

Progress to Date • Scope 1 & 2 market-based GHG-intensity fell 41% versus 2019, comfortably surpassing the 2030 conservative target. • Total energy-consumption intensity dropped 22% compared with 2019; absolute energy use reached 529,495 MWh, including 5,553 MWh generated onsite from solar PV. • Water-consumption intensity decreased 26% against the 2019 baseline, despite portfolio expansion. • Waste-diversion rate improved to 18% of the total waste stream, up from 4% in 2019.

2025 Emissions Profile • Scope 1: 31,038 tCO₂e. • Scope 2 (location-based): 270,355 tCO₂e; market-based: 7.30 tCO₂e after renewable-energy certificates. • Scope 3: 519,755 tCO₂e, with Purchased Goods & Services contributing 52.29% of value-chain emissions.

Supply-Chain Initiatives • 4,900 suppliers screened against an updated Supplier Code; onsite audits begun for high-volume seafood vendors. • 100% of bed linen and towels sourced from OEKO-TEX-certified suppliers; 80% of chemicals fall in “Green” or “Amber” low-impact categories. • Sustainable-seafood volumes reached 16% of total purchases; cage-free whole-egg penetration hit 97%.

Workforce & Community Highlights • Global headcount rose 5% to 22,972, with women representing 46% of employees and 42% of management roles. • More than 783,000 course enrolments delivered 763,000 training hours; average 33 hours per employee. • HK$149.18 million in charitable contributions and over 4,100 employee volunteers engaged in 486 community projects.

Responsible Gaming & Safety • All Macau, Manila and Cyprus properties maintain “RG Check” or equivalent accreditation; 1,141 trained Responsible Gaming Ambassadors are deployed 24/7. • No fatalities recorded; group-wide total recordable injury frequency rate was 2.50 per 200,000 hours, 19% below the 2019 baseline.

Capital & Technology Actions • Fleet conversion reached 65% electric or hybrid in Macau; 154 on-site EV chargers installed group-wide. • 26,000 photovoltaic panels now supply renewable power to resorts, complemented by renewable-energy certificates—84% RE100-compliant—to offset the bulk of Scope 2 emissions.

Melco International confirmed that climate-related risks are integrated into enterprise risk management, and current assessments show no material impact on the Group’s financial position. Management will publish a detailed decarbonisation roadmap and action plan during 2026 to maintain momentum toward its 2030 objectives.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment