MEDIA RELEASES
MGM China Holdings Limited (“MGM China” or the “Company”; SEHK Stock Code: 2282) is honored to announce that the Company has been selected as a constituent of the Hang Seng Corporate Sustainability Benchmark Index (“HSSUSB”) with immediate effect based on its outstanding performance in environmental, social and governance (ESG). MGM China is also evaluated as one of the top 20% best-in-class ESG performers within the 517 listed companies assessed in the Index’s evaluation exercise this year, and the only Macau-based company to be included as a member of the Hang Seng Corporate Sustainability Index Series in 2023-2024.
Ms. Pansy Ho, Chairperson and Executive Director of MGM China Holdings Limited said, “We are committed to build for the future. Our vision to ‘Create a Better Tomorrow Today’ is always at the forefront of our efforts to create a sustainable MGM China. With the continuous enhancement of our sustainability framework and strategic pillars, we are determined to strengthen our sustainability governance, guiding us in operating our business and working with our stakeholders to benefit the people and environment in Macau as well as the Greater Bay Area.”
The HSSUSB, part of the prestigious Hang Seng Corporate Sustainability Index Series, provides an objective and reliable benchmark for sustainability investments. Only the top 20% securities with the highest sustainability performance score would be selected as constituents of the Index. The seven aspects rated by the assessment framework include: corporate governance, human rights, labour practices, environment, fair operating practices, consumer issues, and community involvement and development. Review for this assessment is conducted annually and by invitation only.
MGM China’s firm commitment to sustainability in its operations and reporting with integrity had previously been recognized with the bronze award for “Asia’s Best Sustainability Report (First Time)” for its Sustainability Report 2020 at the Asia Sustainability Reporting Awards (“ASRA”) 2021. The Company is also proud to be Macau’s first and only entity to be recognized by ASRA, one of the world’s most prestigious awards for excellence in sustainability reporting.
The Company was also named a top 10 performer in the Greater China Hotel Business Sustainability Index (Hotel BSI) and among the top 20 in the Greater Bay Area Business Sustainability Index (GBABSI) by The Chinese University of Hong Kong (CUHK) Business School’s “2020 Business Sustainability Indices” program. These are testaments to MGM’s commitment to responsible and sustainable operations and activities, which made it a paradigm in the Greater Bay Area and Greater China.
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About MGM
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 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 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, ARIA, MGM Grand, Mandalay Bay and Park MGM. For more information about MGM Resorts International, visit the Company's website at www.mgmresorts.com.
For media enquiries, please contact:
Jessie Kuan
Executive Director of Public Relations
MGM
Tel: (853) 8806 3412
Email: jessiekuan@mgm.mo
Karen Lam
Senior Corporate Relations Manager
MGM
Tel: (853) 8806 3421
Email: karenlam@mgm.mo