Melco Pledges to Become 100% Carbon Neutral by 2030

Melco Resorts & Entertainment has announced the implementation of a new sustainability strategy called “Above and Beyond” across its properties, which includes a pledge to become 100% carbon neutral by 2030.

Lawrence Ho, chairman and CEO of Melco, said, “I believe that everyone has a role to play in tackling our society’s major environmental and social challenges. This report captures Melco’s vision for change and our commitment to embrace sustainability as both an engine for growth and a catalyst for change within our company and the industry. Since the beginning, Melco strives to be a game-changer in everything that we do. ‘Above & Beyond’ is our commitment to make our business sustainable for all those involved, and to deliver a more sustainable future to local communities in Macau, Manila, Cyprus, and now in Japan.”

In a briefing for Japanese reporters held in Tokyo on Friday, it was confirmed that renewable energy and the commitment to environmental sustainability—such as the elimination of single-use plastics—would be a key element of the company’s efforts in Japan should it win an IR license in the country. (AGB Nippon)