Melco launches sustainability strategy “Above & Beyond”
April 15 2019 - 2:35AM
Melco Resorts & Entertainment Limited releases its latest
Sustainability Report for 2018 to further elevate Melco’s
commitment as a force for good across all its resorts
globally. Being responsible and accountable to all its
guests, colleagues and stakeholders has always been central to
Melco’s business philosophy. Melco is bringing together its social
and environmental achievements and ambitions in a new strategy -
“Above & Beyond”. The report outlines ambitious goals,
actionable targets and further enhances its disclosure around key
environmental, social, and governance (ESG) issues that are
critical to Melco’s business.
Melco’s latest sustainability strategy “Above
and Beyond” focuses on meeting four key goals by 2030:
- To achieve carbon neutral resorts with reduction targets across
a range of emission sources;
- To achieve zero waste across its resorts, eliminate problematic
single-use plastics in daily operations and contribute to circular
economy in Asia;
- To be the employer of choice and create the best-in-class
working environment for its employees, and to be the best partner
to the community both in Macau and around the world; and
- To inspire guests by seamlessly integrating sustainability in
their experience and demonstrate a sustainable future is a better
future.
The goals will be implemented across all of
Melco’s operations via measures related to environmental
sustainability, responsible gaming, employee and community
engagement as well as governance and ethics.
In the area of environmental sustainability,
Melco is committed to carbon neutrality by 2030, a zero-waste
approach adopted across its resorts, and sustainable sourcing for
key procurement categories. In addition, Melco is
taking a proactive approach towards responsible gaming through
deploying cutting edge technology, comprehensive training programs
and awareness raising programs for the wider community. To
safeguard the welfare of employees, Melco upholds diversity and
inclusion throughout the company, and its “Heart-of-House” services
provide the best-in-class amenities including onsite medical
clinics and healthy food options around the clock for its
colleagues. To serve the community, Melco has been delivering
projects to empower the local economy, local SMEs and local workers
through close partnerships with NGOs, charities and community
organizations. Moreover, Melco is committed to the highest
standards of governance and ethical conduct and strives to exceed
regulatory requirements to meet world-class corporate governance
practices.
Mr. Lawrence Ho, Chairman and Chief
Executive Officer of Melco Resorts & Entertainment
said, “I believe that everyone has a role to play in tackling our
society’s major environmental and social challenges. This
report captures Melco’s vision for change and our commitment to
embrace sustainability as both an engine for growth and a catalyst
for change within our company and the industry. Since the
beginning, Melco strives to be a game-changer in everything that we
do. ‘Above & Beyond’ is our commitment to make our business
sustainable for all those involved, and to deliver a more
sustainable future to local communities in Macau, Manila, Cyprus
and now in Japan.”
Melco’s sustainability report is available at:
https://www.melco-resorts.com/en/sustainability.html
About Melco Resorts & Entertainment
LimitedThe 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. 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.cityofdreams.com.ph), a casino, hotel, retail and
entertainment integrated resort in the Entertainment City complex
in Manila. 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
CommunicationsTel: +852 3151 3765Email:
chimmyleung@melco-resorts.com
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