Melco Resorts<\/a><\/em><\/strong> has been recognized by the Global Environmental Disclosure System (formerly known as the Carbon Disclosure Project), receiving an A-score for the company\u2019s efforts in reducing carbon emissions and tackling climate change.\u00a0<\/p>\n\n\n\nMs. Denise Chen, Senior Vice President and Chief Sustainability Officer for Melco Resorts & Entertainment, said: “We are thrilled that our actions towards achieving the major goals set out in Melco\u2019s Sustainability Strategy Above and Beyond are being recognized by globally-acknowledged systems such as CDP. <\/p>\n\n\n\n
“In response to the United Nations\u2019 appeal for businesses to transform environmental goals into bold actions against climate change through the effective management of our environmental impact, we endeavour to continue protecting the environment for our future generations as we continue to embrace responsible development as a catalyst for growth and positive change.”<\/p>\n\n\n\n
This is not the first time Melco has been recognized for its commitment to reducing its carbon footprint. It is a market leader when it comes to reducing the use of plastics and promoting a circular economy across its global operations.<\/p>\n\n\n\n
In March 2019, Melco became the first and only hospitality group and integrated resort to sign up to the 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. <\/p>\n\n\n\n
The company has also developed Macau\u2019s 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.<\/p>\n\n\n\n
CDP supports thousands of companies, cities, states and regions to measure and manage risks and opportunities on climate change, water security and deforestation.<\/p>\n","protected":false},"excerpt":{"rendered":"
Melco Resorts and Entertainment recognised for its commitment to combating climate change.<\/p>\n","protected":false},"author":2,"featured_media":2789,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"Melco Resorts & Entertainment has received an A-score from the Global Environmental Disclosure System (CDP) for its significant efforts in combating climate change and reducing carbon emissions. This recognition highlights Melco's commitment to its \"Above and Beyond\" sustainability strategy, including pioneering plastic reduction and developing Macau's largest solar array, reinforcing its leadership in environmental stewardship within the integrated resort sector.","focusai_entities":"Melco Resorts and Entertainment, Global Environmental Disclosure System, CDP, Denise Chen, Ellen MacArthur Foundation, UN Environment","focusai_location":"Australia, Macau","focusai_target_profile":"ceo_executive (0.9), regulator (0.7), operator_casino (0.8), marketing_crm (0.7), investor_analyst (0.95), supplier_vendor (0.7), journalist_researcher (0.9)","focusai_suggestions":[{"label":"ESG Impact on Valuation","query":"How does Melco's A-score from CDP specifically influence its cost of capital and long-term investor appeal compared to peers with lower ESG ratings?"},{"label":"Operational Efficiency Gains","query":"Beyond reputational benefits, what quantifiable operational efficiencies and cost savings has Melco realized from its solar array and plastic reduction initiatives?"}],"footnotes":""},"categories":[160,16336,157],"tags":[289,665],"class_list":["post-2785","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-asia-pacific","category-australasia-news","category-business-news","tag-australia","tag-melco"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/2785","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=2785"}],"version-history":[{"count":6,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/2785\/revisions"}],"predecessor-version":[{"id":2815,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/2785\/revisions\/2815"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/2789"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=2785"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=2785"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=2785"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}