Melco Resorts Recognized for Sustainability Commitment
Melco Resorts & Entertainment, a notable name in the integrated resort sector, has made significant strides in sustainable practices that have caught the attention of the global community. Recently, Melco was honored by the prestigious S&P Global Sustainability Yearbook 2025, highlighting its commitment to corporate sustainability and excellence.
High Marks from S&P Global
Inclusion in the S&P Global Sustainability Yearbook 2025 is a remarkable achievement. This yearbook serves as a key benchmark in the assessment of companies' sustainability performance. By scoring in the top 15% of the Casinos & Gaming industry, Melco has cemented its position as an “Industry Mover.” This designation reflects Melco's determination to lead in sustainable practices within the casino sector.
A Competitive Landscape
To earn this recognition, Melco needed to outperform a staggering 7,690 companies across more than 60 industries. Achieving a score close to the top performing companies in the industry showcases not just Melco's achievements but their continuous improvement and adherence to sustainability benchmarks.
Studio City Phase 2: A Model of New Construction Sustainability
One of the standout examples of Melco's dedication to sustainability is the Studio City Phase 2 project. It has successfully obtained the BREEAM rating of 'Excellent' for New Construction, showcasing a commitment to both environmental standards and superior design. This makes it a pioneer, being the first project in Macau to achieve such a distinction.
Setting New Environmental Standards
The BREEAM (Building Research Establishment Environmental Assessment Method) framework sets out to offer high performance and sustainable building practices. With its innovative design and construction approaches, Studio City Phase 2 exemplifies what it means to produce spaces that are not only functional but also eco-friendly.
Recognition for Outstanding Contribution
Beyond its BREEAM New Construction success, Studio City Phase 2 stands out as the first BREEAM-certified project in China under the International 2016 New Construction category, achieving an 'Excellent' score. This accolade indicates Melco's dedication to raising the bar for construction standards across the region.
Acknowledged by Industry Leaders
The project has also received accolades at the BREEAM Awards as the winner of the “Regional Award, Asia.” These recognitions are not just accolades; they affirm Melco's philosophy of blending luxury with sustainable practices.
Leadership Vision for a Sustainable Future
Mr. Lawrence Ho, Chairman and CEO of Melco Resorts, emphasized the company’s commitment to sustainability, stating, “At Melco, we strive to inspire our guests by demonstrating that a sustainable future holds the key to a better tomorrow.” His vision encapsulates the ethos of Melco – that corporate responsibility and success can indeed go hand-in-hand.
Path Forward with Sustainability
The sustainability strategy, known as ‘Above & Beyond’, serves as a framework guiding Melco’s endeavors to make sustained, positive impacts on both environmental and community fronts. By leading with example, the company continues to show the industry that profitability does not have to come at the expense of planet or community well-being.
About Melco Resorts & Entertainment
Operating primarily in Asia and Europe, Melco Resorts & Entertainment stands as a leading developer, owner, and operator of integrated resort facilities. With its American depositary shares traded on Nasdaq under the ticker symbol MLCO, the company's portfolio includes well-known properties such as Altira Macau and City of Dreams, as well as expansions in places like the Philippines and Cyprus.
Continuous Growth and Expansion
As the company expands, Melco maintains its focus on community engagement, sustainable development, and innovative resort experiences. By constantly pushing the boundaries of excellence in hospitality, Melco proves itself as a responsible leader in the gaming and hospitality industries.
Frequently Asked Questions
What recent accolades has Melco Resorts received?
Melco was recognized in the S&P Global Sustainability Yearbook 2025 for its sustainable practices and was named an “Industry Mover.”
What is the significance of the BREEAM rating for Studio City?
The BREEAM 'Excellent' rating demonstrates Melco's commitment to high sustainability standards in their building practices, making it a landmark project.
How does Melco define its sustainability strategy?
Melco's strategy, titled ‘Above & Beyond,’ focuses on making positive impacts through operational changes and community involvement.
What properties does Melco currently operate?
Melco operates several high-profile resorts including Altira Macau and City of Dreams, with a growing international presence.
Who leads Melco Resorts & Entertainment?
Melco is led by Chairman and CEO Mr. Lawrence Ho, who has championed the company's sustainability efforts.
