Melco Resorts & Entertainment Ltd – Lobbying Governance & Transparency

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Lobbying Governance

Overall Assessment	Analysis	Score
Moderate	Melco’s disclosure indicates limited but tangible oversight of its climate-related lobbying, with a clear policy statement and some evidence of direct engagement, yet without a defined monitoring process or any reference to indirect lobbying. Melco states that “We are committed to not invest in fossil-fuel expansion nor fund climate-denial or lobby against climate regulations,” which establishes a basic lobbying policy. This policy is overseen by its “Executive Sustainability Committee, with support from the Senior Sustainability Adviser,” who “is responsible for maintaining the Policy, setting goals and targets, monitoring and reporting performance, and holding continuing dialogue with business functions and resorts on the implementation and enhancement of sustainability programs.” The company also describes that “Melco engages with the Macau Government to discuss how best to stimulate sustainability in the hospitality and gaming industry” and that it “fully supports” requirements for annual GHG reporting, demonstrating an instance of direct lobbying aligned with its stated commitments. However, Melco does not disclose any formal process for reviewing or approving individual lobbying positions or for managing indirect lobbying through industry or trade associations, and it explicitly states it has “no public commitment or position statement to conduct ... engagement activities in line with the goals of the Paris Agreement” and will not develop one in the next two years. These omissions suggest that while a high-level policy and governance body exist, the company does not provide a detailed framework for active monitoring, enforcement, or comprehensive alignment of all lobbying activities. View Sources	C

Overall Assessment

Analysis

Score

Moderate

Melco’s disclosure indicates limited but tangible oversight of its climate-related lobbying, with a clear policy statement and some evidence of direct engagement, yet without a defined monitoring process or any reference to indirect lobbying. Melco states that “We are committed to not invest in fossil-fuel expansion nor fund climate-denial or lobby against climate regulations,” which establishes a basic lobbying policy. This policy is overseen by its “Executive Sustainability Committee, with support from the Senior Sustainability Adviser,” who “is responsible for maintaining the Policy, setting goals and targets, monitoring and reporting performance, and holding continuing dialogue with business functions and resorts on the implementation and enhancement of sustainability programs.” The company also describes that “Melco engages with the Macau Government to discuss how best to stimulate sustainability in the hospitality and gaming industry” and that it “fully supports” requirements for annual GHG reporting, demonstrating an instance of direct lobbying aligned with its stated commitments. However, Melco does not disclose any formal process for reviewing or approving individual lobbying positions or for managing indirect lobbying through industry or trade associations, and it explicitly states it has “no public commitment or position statement to conduct ... engagement activities in line with the goals of the Paris Agreement” and will not develop one in the next two years. These omissions suggest that while a high-level policy and governance body exist, the company does not provide a detailed framework for active monitoring, enforcement, or comprehensive alignment of all lobbying activities.

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Lobbying Transparency

Overall Assessment	Analysis	Score
Limited	Melco Resorts & Entertainment provides a basic but incomplete picture of its climate-related lobbying. It identifies one concrete policy area—“requirements for resort operators in Macau to undertake annual GHG reporting and verification and public disclosure” in the Macao SAR—and confirms that it “engages with the Macau Government to discuss how best to stimulate sustainability in the hospitality and gaming industry.” This shows direct engagement and names the governmental target, yet the disclosure stops short of explaining whether the company uses letters, formal consultations or other channels beyond these discussions. The company is clear about the outcome it seeks, describing its stance as “Support with no exceptions” and linking that support to alignment with the Paris Agreement, but it does not set out additional, measurable objectives or detail any other policy positions. Overall, the disclosure offers limited transparency: it names one policy and states a single desired outcome, while providing only minimal insight into the breadth of its lobbying activities and the methods it employs.	D