Since achieving one of the best ratings for disclosing companies in China, Melco Resorts and Entertainment has won the 2019 Best First Time Performer by non-profit environmental organisation, CDP.
Earlier this year, Melco earned an A-score from the CDP as acknowledged for their achievements in environmental protection, as well as for their dedication and commitment to reducing climate risks.
Pratima Divgi, director of CDP Hong Kong, Southeast Asia, Australia and New Zealand, said: “Melco is an outlier among first time responders for achieving a CDP leadership score. This is a tremendous effort by the company and CDP congratulates Melco Resorts & Entertainment for its environmental stewardship.”
“Established in 2002, CDP, formerly known as the Carbon Disclosure Project, operates a global environmental disclosure system to provide a comprehensive and standardised 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.”
Melco has vowed to be carbon neutral, zero-waste in their resorts and sustainable sourcing for main categories of procurement by 2030.
They were the first and only hospitality company and an integrated resort signatory to the New Plastics Economy Global Pledge and reached several milestones in their long-term commitment to minimise the use of hazardous plastics and foster circular economy through their global operations.
Melco Chairman and CEO Lawrence Ho added: “As a new participant in this program, it’s both exciting and very rewarding to have Melco’s sustainability achievements recognised by a body as well respected as CDP.
“Behind Melco’s Above and Beyond strategy is a deeply-rooted personal desire to continuously improve our performance in this critical area, plus a determination to inspire Melco’s guests with a future that is both entertaining and sustainable.
“Never has it been more relevant and important for companies to set new standards of environmental responsibility, and for organisations like CDP to monitor performance and accountability.”