Melco Resorts has been honored by the global environmental disclosure system CDP, formerly known as the Carbon Disclosure Project, receiving an A- score in recognition of the company’s efforts in reducing carbon and climate change.
Ms. Denise Chen, senior vice president, and chief sustainability officer of Melco Resorts & Entertainment, said, “We are thrilled that our actions towards achieving the major goals set out in Melco’s Sustainability Strategy Above and Beyond are being recognized by globally-acknowledged systems such as CDP. In response to the United Nations’ appeal for businesses to transform environmental goals into bold actions against climate change through the effective management of our environmental impact, we endeavor to continue protecting the environment for our future generations as we continue to embrace responsible development as a catalyst for growth and positive change.”
Melco has achieved several milestones in its long-term commitment towards reducing the use of problematic plastics and promoting circular economy across its global operations. In March 2019, Melco became the first and only hospitality group and integrated resort signatory of New Plastics Economy Global Commitment, a global initiative to tackle plastic waste and pollution, led by the Ellen MacArthur Foundation in collaboration with UN Environment. The Company has developed Macau’s largest solar array by putting in place over 18,000 solar photovoltaic panels covering close to 30,000 square meters of rooftop space at its flagship integrated resort City of Dreams and Studio City.
Established in 2002, CDP operates a global environmental disclosure system to provide a comprehensive and standardized framework for the management of environmental impact. CDP supports thousands of companies, cities, states, and regions to measure and manage their risks and opportunities on climate change, water security, and deforestation.