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Melco earns multiple global recognitions for Macau corporate sustainability efforts

Newsdesk by Newsdesk
Tue 18 Feb 2025 at 04:46
Melco earns multiple global recognitions for Macau corporate sustainability efforts
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Macau concessionaire Melco Resorts & Entertainment said Monday it has received recognition from the S&P Corporate Sustainability Assessment (CSA), a leading evaluation of companies’ sustainability performance, as well as attaining a Building Research Establishment Environmental Assessment Method (BREEAM) certification for the Studio City Phase II for its efforts in sustainable development.

Hailing its efforts in the sustainability space, the company also revealed it has been included and named “Industry Mover” within the Casinos & Gaming industry in the newly published S&P Global Sustainability Yearbook 2025, widely regarded as the benchmarking resource for corporate sustainability performance.

Yearbook members are selected based on their score from the S&P Global 2024 CSA. To be listed, companies must score within the top 15% of their industry and achieve a CSA score within 30% of their industry’s top-performing company. Melco is positioned among the top performing companies selected for inclusion from a total of 7,690 global companies across more than 60 industries.

The BREAMM “Excellent rating for New Construction has been achieved for incorporating the very highest sustainability standards in the Studio City Phase 2 development, becoming the first BREEAM certified project in Macau.

The BREEAM New Construction standards provide a framework to support the delivery of new build assets which are both high performing and sustainable. The framework aims to create positive environmental and social impact while supporting commercial success.

The Studio City Phase 2 development is also the first BREEAM certified project in China under the category International 2016 New Construction: Bespoke scheme with an “Excellent” rating. In 2021, Studio City Phase 2 was named winner of the “Regional Award, Asia” at the BREEAM Awards.

“In our goal to inspire guests by showing them a sustainable future is a better future, we are honored to be recognized by S&P and BREEAM for our dedicated efforts towards our sustainability ethos, reflecting our commitment at every operational level and touchpoint,” said Melco Chairman and CEO, Lawrence Ho.

“As highlighted in our sustainability strategy ‘Above & Beyond’, we will strive to continue to make a positive impact in everything we do, leading by example, and showing that it is possible to be successful while being responsible stewards of our planet and communities.”

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The IAG Newsdesk team comprises some of the most experienced journalists in the Asian gaming industry. Offering a broad range of expertise, their decades of combined know-how spans multiple countries across a variety of topics.

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