Melco named Best First Time Performer by global environmental disclosure organization CDP
March 09 2020 - 6:00AM
Melco Resorts & Entertainment has been named 2019 Best First
Time Performer by global non-profit environmental organization CDP.
Melco received an A- score earlier this year from CDP, attaining
one of the highest ratings amongst disclosing companies in China.
These acknowledgements credit Melco’s efforts in environmental
protection, as well as its dedication and commitment to mitigating
climate risks.
Melco is driven by a strong focus around
environmental sustainability, which is core to its strategy and
daily operations. By 2030, Melco is committed to carbon neutrality,
a zero-waste approach adopted across its resorts, and sustainable
sourcing for key procurement categories. Melco was the first and
only hospitality group and integrated resort signatory of the New
Plastics Economy Global Commitment. 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.
Mr. Lawrence Ho, Chairman & CEO of
Melco, said, “As a new participant in this program, it’s
both exciting and very rewarding to have Melco’s sustainability
achievements recognized by a body as well respected as CDP. Behind
Melco’s Above and Beyond strategy is a deeply-rooted personal
desire to continuously improve our performance in this critical
area, plus a determination to inspire Melco’s guests with a future
that is both entertaining and sustainable. Never has it been more
relevant and important for companies to set new standards of
environmental responsibility, and for organizations like CDP to
monitor performance and accountability.”
Ms. Pratima Divgi, Director, CDP Hong
Kong, Southeast Asia, Australia and New Zealand, said,
“Melco is an outlier among first time responders for achieving a
CDP leadership score. This is a tremendous effort by the company
and CDP congratulates Melco Resorts & Entertainment for its
environmental stewardship.”
Established in 2002, CDP, formerly known as the
Carbon Disclosure Project, operates a global environmental
disclosure system to provide a comprehensive and standardized
framework for 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.
About Melco Resorts & Entertainment
Limited
The Company, with its American depositary shares
listed on the NASDAQ Global Select Market (NASDAQ: MLCO), is a
developer, owner and operator of casino gaming and entertainment
casino resort facilities in Asia and Europe. The Company currently
operates Altira Macau (www.altiramacau.com), a casino hotel located
at Taipa, Macau and City of Dreams (www.cityofdreamsmacau.com), an
integrated urban casino resort located in Cotai, Macau. Its
business also includes the Mocha Clubs (www.mochaclubs.com), which
comprise the largest non-casino based operations of electronic
gaming machines in Macau. The Company also majority owns and
operates Studio City (www.studiocity-macau.com), a
cinematically-themed integrated entertainment, retail and gaming
resort in Cotai, Macau. In the Philippines, a Philippine subsidiary
of the Company currently operates and manages City of Dreams Manila
(www.cityofdreamsmanila.com), a casino, hotel, retail and
entertainment integrated resort in the Entertainment City complex
in Manila. In Europe, the Company is currently developing City of
Dreams Mediterranean (www.cityofdreamsmed.com.cy) in the Republic
of Cyprus, which is scheduled to open in 2021 and expected to be
the largest and premier integrated destination resort in Europe.
The Company is currently operating a temporary casino, the first
casino in the Republic of Cyprus, and four satellite casinos (the
“Cyprus Casinos”). Upon the opening of City of Dreams
Mediterranean, the Company will also continue to operate the four
satellite casinos while operation of the temporary casino will
cease. The Company also holds equity interests in Crown Resorts
Limited (“Crown”), a company listed on the Australian Securities
Exchange and which operates two of Australia’s leading integrated
resorts, Crown Melbourne Entertainment Complex and Crown Perth
Entertainment Complex. In the United Kingdom, Crown operates Crown
Aspinalls, a high-end licensed casino in London. Crown’s
development projects include the Crown Sydney Hotel Resort at
Barangaroo on Sydney Harbour. Crown also holds equity interests in
the Aspers Group and Nobu and has interests in various digital
businesses. For more information about the Company, please visit
www.melco-resorts.com.
The Company is strongly supported by its single
largest shareholder, Melco International Development Limited, a
company listed on the Main Board of The Stock Exchange of Hong Kong
Limited and is substantially owned and led by Mr. Lawrence Ho, who
is the Chairman, Executive Director and Chief Executive Officer of
the Company.
For media enquiries, please contact:Chimmy
LeungExecutive Director, Corporate Communications Tel: +852 3151
3765Email: chimmyleung@melco-resorts.com
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