Having been a pioneer of green enterprise in the Greater Bay Area, MGM has achieved another milestone by winning the Bronze prize for “Asia’s Best Sustainability Report (First Time)” at the Asia Sustainability Reporting Awards (ASRA) 2021. To date, MGM is Macau’s first and only entity to receive an award by ASRA, one of the world’s most prestigious awards honoring distinguished sustainability reporting.
The accolade recognizes the excellence and magnitude of MGM’s maiden sustainability report, titled “Create a Better Tomorrow Today: Sustainability Report 2020” (Report). It is MGM’s overarching sustainability roadmap — set with short, medium to long-term goals into 2030 across a wide range of initiatives to align with the Nation’s climate goals and the Macau government’s sustainability policy — aiming to bring continual betterment to people, the environment and economy of Macau.
The award-winning Report was selected as the Bronze winner as it offers a comprehensive overview of how MGM effectively integrates sustainability into its business operation. Besides, the Report displays MGM’s impactful engagement with stakeholders. The Company conducted an in-depth survey in 2020 polling over 780 internal and external stakeholders, through questionnaires, phone interviews and focus group meetings, to identify the material topics of greater importance that matter the most to MGM’s sustainable development.
Amid a competition at ASRA of nearly 600 entries from 14 countries or regions. MGM, aside from the Bronze award, was also named the “finalist” in two other categories at ASRA 2021, namely “Asia’s Best Materiality Reporting” and “Asia’s Best Stakeholder Reporting.” The ASRA’s winners were judged and selected by an independent panel against a wide range of parameters through three rounds of assessment.
As a responsible corporate citizen, MGM has put sustainability at the core of its day-to-day business. The Report formulates the Company’s holistic sustainability framework that focuses on three key commitments: “Responsible Business”, “Social Responsibility” and “Environmental Responsibility”. It also outlines a set of far-reaching sustainability targets, including peaking carbon emission by 2023, energy saving of 13% by 2025 as compared to 2019 levels, 100% electric shuttle buses by 2023, etc. — to ensure MGM drives positive changes to Macau’s society.
MGM is an abbreviation for MGM China Holdings Limited (HKEx: 2282) and is a leading developer, owner and operator of gaming and lodging resorts in the Greater China region. We are the holding company of MGM Grand Paradise, SA which holds one of the six gaming concessions/subconcessions to run casino games in Macau. MGM Grand Paradise, SA owns and operates MGM MACAU, the award-winning premium integrated resort located on the Macau Peninsula and MGM COTAI, a contemporary luxury integrated resort in Cotai, which opened in early 2018 and more than doubles our presence in Macau.
MGM MACAU is a Forbes Five-Star luxury integrated resort inspired by the arts with every element of the resort infused with creativity and style. MGM MACAU has approximately 600 guest rooms and suites and boasts a number of distinguishing features, including the architecturally stunning European-inspired Grande Praça, housed under a soaring glass ceiling. MGM MACAU’s world class facilities include the MGM Art Space, dedicating over 5,000 square feet to display authentic works of art, conference and event facilities, spa, and seven signature restaurants and bars to fulfill any gastronomic craving. Our property is conveniently located on the Macau Peninsula and is directly connected to the luxury retail shopping complex, One Central.
MGM COTAI is the latest integrated resort of MGM in China. Designed as the “jewelry box” of Cotai, it offers approximately 1,400 hotel rooms and suites, Asia’s first dynamic theater, meeting space, high end spa, retail offerings and food and beverage outlets as well as the first international Mansion at MGM for the ultimate luxury experience. The Spectacle at MGM COTAI becomes the record holder of the largest free-span gridshell glazed roof (self-supporting) on January 19, 2019, making it the first architectural and structural GUINNESS WORLD RECORDS™ title for Macau, China. MGM COTAI is being developed to drive greater product diversification and bring more advanced and innovative forms of entertainment to Macau as it grows as a global tourist destination. MGM COTAI is the only mega complex and hotel in Macau to gain three-star certification in both Green Building Design and Operation Label, as well as the first hotel in the Greater Bay Area and second in Greater China to receive the certifications.
MGM China Holdings Limited is majority owned by MGM Resorts International (NYSE: MGM), one of the world's leading global hospitality companies, operating a portfolio of destination resort brands including Bellagio, MGM Grand, Mandalay Bay and The Mirage.
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