• Doing what we can to address our
    climate emergency.

To radically decarbonize our systems and resorts to meet the ambitious target of becoming carbon neutral by 2030, we must relentlessly seek out the latest technologies, low-carbon materials and energy-efficiency measures to reduce our carbon footprint.

THESE INCLUDE:

1.

Prioritizing investment in renewable energy by installing renewable energy systems onsite

2.

Adopting efficiency measures to reduce overall energy consumption at all our resorts

3.

Phasing in electric vehicles across resorts where the infrastructure exists, starting with shuttle buses, with a longer-term goal for all our vehicles to be fully powered by renewable energy where possible. Increasing the number of charging bays for electric vehicles for guests and colleagues to use across all resorts

4.

Purchasing electricity from renewable sources in local markets through Energy Attribute Certificates (EACs), other renewable energy instruments or verified carbon credits, equivalent to the quantity of GHG emissions arising from electricity consumed by Melco

Climate Resilience

At the heart of our bold commitment to operate carbon neutral resorts is our responsibility to do what we can to address our climate emergency. The onslaught of extreme weather incidents in recent years has clearly demonstrated to us how climate change is affecting every corner of the world and that proactive measures are warranted. We are engaging with our suppliers to enhance the resilience of our supply chains and ensuring all our properties are built to withstand climatic threats such as storms, flooding and sea level rise, as well as extreme temperature.

READ MORE IN OUR SUSTAINABILITY REPORT

CASE STUDY:

Studio City Phase 2,
Macau

Our development has been designed to withstand typhoons, extreme wind as well as flooding and sea-level rise. To withstand wind force based on the worst-case scenario happening once in 200 years, the Macau regulatory requirement for structural building design was followed, which is much more stringent that the Hong Kong standard.

Higher standards were also adopted for the allowable building drift, which means the building is designed to move horizontally with reduced development of cracks, improving its structural integrity. Computational fluid dynamic and climatic modelling, using the highest wind speeds and pressure endured over the past ten years, was also applied to ensure that the building could remain resilient with the split-tower design allowing for sufficient ventilation and enhanced air circulation. Furthermore, flooding analysis was carried out in the design stage of the project, leading to the building being ready for the worst-case scenario rainfall and flooding happening once in 200 years.

SUSTAINABLE BUILDINGS

As a provider of sustainable and premium integrated resorts, part of our promise is to minimize our overall impact on the environment - including species and habitat biodiversity - both during and after construction. This means not only constructing buildings that last, but also ones that are smartly placed, responsibly integrated into local environments and designed for resource efficiency and climate resilience. As the majority of a building’s environmental impact is determined at the design stage, we mandate our architects, engineers, material suppliers and other partners to start right by adopting the highest environmental standards and options for materials, buildings and systems, and this is continued through to the construction and operational phases.

READ MORE IN OUR SUSTAINABILITY REPORT

ENERGY EFFICIENCY MEASURES

Our roadmap towards reducing our energy footprint across our operations is developed based on a thorough audit of energy consumption across our operations in 2018. Our efforts have been focused on engaging all our resorts to improve existing operational efficiencies through such measures as delamping, reviewing and adjusting ventilation flow rates, retrofitting or installing more efficient plant and equipment, replacing sensors in carparks and other changes such as fan coil unit and motor optimizations, among others. An estimated annualized savings of over 22,000 MWh of electricity is attributable to energy-efficiency measures implemented across our properties.

READ MORE IN OUR SUSTAINABILITY REPORT

CASE STUDY:

City of Dreams
Mediterranean, Cyprus

In the design of Europe’s largest integrated resort development, our vision endures to make luxury gaming and hospitality experiences synonymous with Melco and assimilate them considerately into Cyprus’ breathtaking Mediterranean context.

The site’s design has been inspired by the native Cypriot landscape and bears resemblance to the enchanting old town area of Nicosia, with native plant species both mirroring the character of the environment while supporting the landscape’s ecology. Plans also include planting over 7,000 new trees to blend the resort into the surrounding landscape and to drawdown carbon. Working with the Environmental Department of Cyprus, a further 1,200 Cypress tree saplings will be planted alongside the adjacent nature reserve, providing increased habitat for migrating and resident birds and other species.

Beyond being adapted to the natural environment of the surrounding area, City of Dreams Mediterranean is being built according to the highest sustainability standards. It will be the first project in Cyprus obtaining the BREEAM certification for sustainable/green building and promisingly, an “Excellent” rating for the BREEAM Interim Certificate for the Design Stage has already been achieved.

TRANSITIONING TO RENEWABLE ENERGY

Through accelerating the adoption of renewable energy in our own resorts, we strongly believe we will set the bar and mobilize the scale of change that is needed now to make a clean future possible. We are investing into the following initiatives to accelerate our transition to renewable energy:

Onsite solar photovoltaic (PV) energy generation and consumption Purchase of Energy Attribute Certificates (EACs) for 100% of our global electricity consumption since 2018 10 Expansion of electric vehicle fleets

REDUCING GREENHOUSE GAS (GHG) EMISSIONS

We are in the early stages of realizing the benefits of the investments and actions we have taken and planned to move us towards meeting our 2030 target. Four of our resorts, namely City of Dreams, Studio City, Altira Macau and City of Dreams Manila, and our Mocha Clubs, account for over 95% of our group’s total emissions.

Largest Solar Energy System in Macau

In Macau, we are proud to have partnered with a local company, Man Io Energy, to implement the first, large-scale onsite solar PV project. With 18,000 PV panels covering 30,000 square meters of roof space at City of Dreams and Studio City, it is the largest solar array in Macau. At full capacity generating approximately 7.7 MWh, this project is expected to avoid more than 6,000 tonnes of CO2, a year equivalent to the volume of GHG emissions avoided by getting 1,296 passenger cars off the road for a year11 .

Offsite Renewable Energy Sources

While we expand our consumption of renewable energy from onsite sources, we are also investing in the generation of electricity from renewable sources to offset part of our carbon footprint. Since 2018, we have been purchasing Energy Attribute Certificates (EACs) issued by the i-REC Standard (International Renewable Energy Certificate Standard). These certificates guarantee that renewable electricity, equivalent to 100% of our electricity consumption in Macau, Manila, Hong Kong and Taiwan, is generated in Mainland China and the Philippines through credible renewable energy generation projects12. As a result, we are also contributing to the development of local renewable energy markets.

In Japan, we match our electricity consumption from our operations with local renewable energy generated through a scheme called PowerPlus. Since MRE acquired the temporary operations in Cyprus from MI in 2019, MRE will also purchase EACs with Guarantees of Origin in Europe to cover 100% of these GHG emissions arising from purchased electricity.

Zero-emission Transportation

We have the largest fleet of electric vehicles in the gaming sector in Macau. In partnership with manufacturer Zhengzhou Yutong Bus Company, the electric buses operate as guest shuttles between the City of Dreams, Studio City and Altira Macau resorts, contributing to improvements in air quality and the health of our colleagues and local communities.

Electric vehicles account for 25% of Melco’s total bus fleet in Macau, and we are continually expanding the number of charging points for electric vehicles for both guests and colleagues alike. Looking ahead, we are planning to continue expanding the size of our electric vehicle fleet in Macau and to explore the feasibility and reduction potential of transitioning to electric vehicles in Manila as well.

10 As noted in the About Melco section, our temporary operations in Cyprus and the newly-acquired Okushiga Kogen Resort Hotel in Japan will be included in our 2020 inventory with an equivalent quantity of EACs purchased in the future.

11 Comparative metric derived with the United States Environmental Protection Agency’s Greenhouse Gas Equivalencies Calculator.

12 Melco acquired the Okushiga Kogen Resort Hotel in late November 2019; energy consumption and GHG emission data could not be obtained before the release of this report and is not including in our reporting scope. Such data from this property will be included in our 2020 report and for electricity consumed by this resort, an equivalent quantity of EACs will be purchased the following year.


LEARN MORE ABOUT OUR STRATEGY
IN OUR 2019 SUSTAINABILITY REPORT