Melco Resorts and Entertainment Ltd has published the third edition of its annual sustainability report, detailing the company’s progress towards a green future in four key areas, and reaffirming its commitment to achieving carbon neutrality and zero-waste resorts by 2030.
“The core of our Above & Beyond strategy is to inspire guests to join us on our sustainability journey, to realise that a sustainable future is a better future,” Melco Resorts Chairman and Chief Executive Officer Lawrence Ho Yau Lung said in a press release.
Achieving resort carbon neutrality and zero waste by 2030 are “ambitious goals,” stated Mr Ho in the annual report. “But Melco has always been a pioneer,” he added.
Melco Resorts measures its progress in sustainability against four key pillars.
“Restoring our World” describes the company’s drive to achieve carbon neutrality and zero waste across its resorts by 2030. Work in this category includes sourcing sustainable goods and services as well as improvements in energy efficiency.
“Inspiring our Communities” is Melco Resorts’ expression of becoming an employer of choice, with best-in-class in safety for guests, colleagues and community.
“Sustaining our Supply Chain” includes local procurement and promoting sustainability attributes in the supply chain.
“Empowering our Business” talks about aspirations of becoming the world’s most responsible, ethical and transparent operator.
The company’s environmental efforts include using technology to reduce food waste. The company’s collaboration with Winnow AI Technology helped achieve a 67% reduction in overproduced food waste over a six-month trial in employee dining rooms at the City of Dreams resort in Cotai.
Improvements from energy efficiency measures resulted in a reduction of annual electricity consumption of 34,297 MWh in Melco Resorts’ properties in Macao and its City of Dreams Manila resort, equivalent to preventing more than 24,000 metric tonnes of GHG emissions, or taking some 5,200 cars off the road.
Melco Resorts said in the report that it aims to implement a “full rollout of refillable glass bottles” in guest rooms in all of its Macao properties “by the end of 2021,” following the installation of a in-house water purifying system (related article here).