In This Article:
- Included in the S&P Global Sustainability Yearbook 2025
- Studio City Phase 2 receives BREEAM New Construction “Excellent” rating
MACAU, Feb. 17, 2025 (GLOBE NEWSWIRE) -- Melco Resorts & Entertainment has received recognition from the highly regarded, S&P Corporate Sustainability Assessment (CSA), a leading evaluation of companies’ sustainability performance. Furthermore, Melco has attained a Building Research Establishment Environmental Assessment Method (BREEAM) certification for the Studio City Phase II for its efforts in sustainable development.
Melco has been included and named “Industry Mover” within the Casinos & Gaming industry in the newly published S&P Global Sustainability Yearbook 2025, widely regarded as the benchmarking resource for corporate sustainability performance. Yearbook members are selected based on their score from the S&P Global 2024 CSA. To be listed, companies must score within the top 15% of their industry and achieve a CSA score within 30% of their industry’s top-performing company. Melco is positioned among the top performing companies selected for inclusion from a total of 7,690 global companies across more than 60 industries.
Furthermore, by incorporating the very highest sustainability standards, Melco’s Studio City Phase 2 development has achieved the BREEAM “Excellent” rating for New Construction, becoming the first BREEAM certified project in Macau, following its earlier “Excellent” rating for the design stage. The BREEAM New Construction standards provide a framework to support the delivery of new build assets which are both high performing and sustainable. The framework aims to create positive environmental and social impact while supporting commercial success.
In addition, the Studio City Phase 2 development is also the first BREEAM certified project in China under the category International 2016 New Construction: Bespoke scheme with an “Excellent” rating. In 2021, Studio City Phase 2 was named winner of the “Regional Award, Asia” at the BREEAM Awards.
Mr. Lawrence Ho, Chairman and CEO of Melco, said, “In our goal to inspire guests by showing them a sustainable future is a better future, we are honored to be recognized by S&P and BREEAM for our dedicated efforts towards our sustainability ethos, reflecting our commitment at every operational level and touchpoint. As highlighted in our sustainability strategy ‘Above & Beyond’, we will strive to continue to make a positive impact in everything we do, leading by example, and showing that it is possible to be successful while being responsible stewards of our planet and communities.”