Melco releases its 2021 Sustainability Report ‘RISE to go

MACAU, Might 24, 2022 (GLOBE NEWSWIRE) — Melco Resorts & Leisure has revealed its fourth sustainability technique RISE to go above & past (hyperlink). By sustaining 4 key materials subjects that underpin Melco’s sustainability commitments, together with “Restoring our World”, “Inspiring our Communities”, “Sustaining our Provide Chain” and “Empowering our Enterprise”, this technique drives efficiency and sustainability initiatives to assist the Firm obtain its targets. formidable.

Mr. Lawrence Ho, Chairman and CEO of Melco Resorts and Leisure, stated, “Melco continues to enhance past the challenges of the continued pandemic and in a means that certainly accelerates our sustainability efforts in 2021. From colleagues to suppliers and companions, the Firm is strengthening its actions to collectively handle vital long-term points, together with public well being, local weather change. and innovation. We proceed to be decided to get out of this pivotal second, like by no means earlier than, however by being extra conscious of the wants of the world round us, and extra centered on how companies can meet these wants.”

Initiatives and achievements highlighted in RISE to go above & past together with:

• Maintaining colleagues and communities secure, wholesome and supported stays the middle of Melco’s operations. An inside psychological well being seminar was launched, colleagues and visitors have been supplied wholesome and sustainable meals choices, and the success of the continued marketing campaign to help neighborhood wants and promote the prosperity of small and medium enterprises (SMEs) was famous.
• Greater than US$2 million Get Jab immunity incentive program for co-workers motivates greater than 95% of its world workforce to be vaccinated.
• Develop into the primary and solely built-in resort operator to realize the esteemed accountable gaming (RG) accreditation, RG Testthroughout its world portfolio.
• Complete evaluation of Melco operations and provide chain to ascertain a roadmap to decarbonization launchedmaps out actions to assist neutralize greenhouse fuel emissions from enterprise actions, together with confirmed methods to measure and remodel knowledge into actionable insights to energy change throughout the Firm’s worth chain.
• That emission disclosures Scope 3 of two classes – Downstream Leased Property and Gasoline and Power Associated Actions (FERA) has been launched on this yr’s GHG reporting. Melco is constant its evaluation to determine and quantify important oblique emissions and can disclose Scope 3 emissions from further sources sooner or later.
• The corporate additionally began assessing climate-related dangers and alternatives throughout its portfolio and is dedicated to implementing the suggestions of the Activity Power on Local weather-related Monetary Disclosures (TCFD). Going ahead, Melco will conduct a state of affairs evaluation, utilizing TCFD suggestions as a information, increasing the Firm’s efforts to handle local weather mitigation and adaptation measures.
• Keep rating A- in climate-related provider engagement technique with CDP.
• By means of sustainable sourcing, transfer forward of the Firm’s 2030 targets by reaching 100% mattress and loo linens made with OEKO-TEX® . licensed cotton. As well as, by 2021, Melco obtained 92% of all chemical substances within the Inexperienced and Yellow classes, growing sooner than its 2025 goal.
• That steady success from Melco’s Easy Deeds of Kindness initiativereaching greater than 1,300 NGOs, associations, colleges, nurseries, authorities departments and SMEs with the assistance of greater than 16,000 volunteer contributors by 2021.
• Over US$950,000 in further income for native SMEs produced in 2021 by Melco’s House Coronary heart Roadshow which supplies rental-free area for SMEs to promote on to Melco companions.
• Studio Metropolis Section 2 and Metropolis of Desires Mediterranean each acknowledged by the trusted sustainability mark, BREEAMwith environmental rankings of ‘Excellent’ on the design stage and ‘Regional Award, Asia’ for Studio Metropolis Section 2.
• Partnership with Winnow and the London College of Economics and Political Science activated AI expertise to assist scale back meals waste by as much as 35% within the worker eating room in the course of the five-month examine interval.

About Melco Resorts & Leisure Restricted

The corporate, with American storage inventory listed on the NASDAQ World Choose Market (NASDAQ: MLCO), is a developer, proprietor and operator of built-in resort services in Asia and Europe. The Firm presently operates Altira Macau (www.altiramacau.com), an built-in resort situated in Taipa, Macau and Metropolis of Desires (www.cityofdreamsmacau.com), an built-in resort situated in Cotai, Macau. Its enterprise additionally contains Membership Mocha (www.mochaclubs.com), which includes Macau’s largest non-casino digital gaming machine operation. The corporate additionally majority owns and operates Studio Metropolis (www.studiocity-macau.com), a cinematic-themed built-in resort in Cotai, Macau. Within the Philippines, the Philippines subsidiary of the Firm presently operates and manages Metropolis of Desires Manila (www.cityofdreamsmanila.com), an built-in resort throughout the Leisure Metropolis complicated in Manila. In Europe, the Firm is presently growing the Metropolis of Desires Mediterranean (www.cityofdreamsmed.com.cy) within the Republic of Cyprus, which is predicted to change into the biggest and premier built-in vacation spot resort in Europe. The corporate presently operates a brief on line casino, the primary official on line casino within the Republic of Cyprus, and is licensed to function 4 satellite tv for pc casinos (“Cypriot Casinos”). Following the opening of Metropolis of Desires Mediterranean, the Firm will proceed to function the satellite tv for pc on line casino whereas the on line casino operations will likely be quickly suspended. For extra details about the Firm, please go to www.melco-resorts.com.

The Firm is strongly supported by its largest single shareholder, Melco Worldwide Growth Restricted, an organization listed on the Essential Board of the Hong Kong Inventory Alternate Restricted and considerably owned and headed by Mr. Lawrence Ho, who’s the Chairman, Government Director and Chief Government Officer of the Firm.

For media inquiries, please contact:
Chimmy Leung
Government Director, Company Communications
Tel: +852 3151 3765
Electronic mail: chimmyleung@melco-resorts.com