Melco Resorts & Entertainment has been honored as Gold Award winner at this year’s Business Awards of Macau (Business Awards) for Environmental Performance, highlighting the Company’s excellence in environmental responsibility and sustainable operations. Widely regarded as the city’s highest business recognition and now in its seventh edition, the awards’ judging panel comprises a group of thirty acclaimed international and local entrepreneurs, bankers, academics and professionals from various sectors.
Mr. Lawrence Ho, Chairman & CEO of Melco said, “In an industry perhaps not traditionally known for sustainability, our vision at Melco is to pioneer a more responsible way operating for a sustainable future. With the launch of our Above & Beyond sustainability strategy in the beginning of this year, bold and ambitious requirements have been set and implemented, including to ensure Melco achieves carbon neutrality and zero waste across all our global resorts by 2030. It is hugely encouraging to be recognized by the Business Awards for our continued efforts embracing responsible development as a catalyst for growth and change in a positive way.”
Melco’s excellence in environmental responsibility and sustainable operations has received global recognition. The Company remains Macau’s first and only organization to achieve the international Green Key standard across its entire portfolio of properties, including Morpheus, Nüwa and The Countdown at City of Dreams, as well as Studio City Macau and Altira Macau. Recently, Melco was honored by 2019 Sustainable Business Awards Philippines for its outstanding performance in energy management. Furthermore, the Company is the first hospitality group and integrated resort industry signatory to the New Plastics Economy Global Commitment, a prominent global sustainability initiative spearheaded by the Ellen MacArthur Foundation and the UN Environment Programme, developing roadmaps across its global operations to address the use of single use plastics.
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