Melco recognized by global environmental disclosure system CDP as one of China’s leading companies in Sustainability
January 23 2020 - 6:23AM
Melco Resorts & Entertainment has been honored by the global
nonprofit environmental disclosure system CDP, formerly known as
the Carbon Disclosure Project, as one of China’s leading companies
in sustainability. Melco received an A- score in recognition of the
Company’s leadership in the effective management of carbon and
climate change risk, attaining one of the highest ratings amongst
disclosing companies in China.
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 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 three satellite casinos with
a fourth satellite casino scheduled to open in the coming months
(“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
Leung Executive Director, Corporate Communications Tel: +852 3151
3765 Email: chimmyleung@melco-resorts.com
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