Potential offtaker

Sands China Ltd.

www.sandschina.com

Estimated electricity consumption

N/A

Countries of production presence

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Sands China Ltd is one of the leading integrated resorts and entertainment providers in Macao. The company operates a range of properties, including The Venetian Macao, Sands Cotai Central, The Parisian Macao, and Sands Macao, which offer a wide range of entertainment, dining, and accommodation options to visitors. Sands China Ltd is committed to sustainable development and has taken several initiatives to reduce its carbon footprint and promote renewable energy.

Decarbonisation is a key focus area for Sands China Ltd. The company recognizes the urgent need to reduce greenhouse gas emissions and mitigate the impact of climate change. To this end, Sands China Ltd has set ambitious targets to reduce its carbon emissions intensity by 10% by 2023 and 30% by 2030, compared to 2018 levels. The company has also joined the Science-Based Targets initiative, which aims to align corporate greenhouse gas reduction targets with the goals of the Paris Agreement.

Corporate energy management is another important area of focus for Sands China Ltd. The company has implemented several measures to improve energy efficiency and reduce energy consumption across its properties. These include the installation of energy-efficient lighting systems, the use of smart building technologies to optimize heating, ventilation, and air conditioning (HVAC) systems, and the adoption of best practices in energy management. Sands China Ltd also conducts regular energy audits to identify areas for improvement and optimize energy use.

Corporate power purchase agreements (PPAs) are an important tool for Sands China Ltd to promote renewable energy. The company has signed several long-term PPAs with renewable energy providers to source electricity from renewable sources, such as solar and wind power. These PPAs not only help Sands China Ltd to reduce its carbon footprint but also provide a stable and predictable source of energy at a competitive price. In addition, Sands China Ltd has invested in on-site renewable energy generation, such as solar photovoltaic (PV) systems, to further reduce its reliance on fossil fuels.

Renewable energy is a key area of focus for Sands China Ltd. The company recognizes the potential of renewable energy to reduce carbon emissions and promote sustainable development. Sands China Ltd has set a target to source 25% of its energy from renewable sources by 2025, and is actively exploring new opportunities to invest in renewable energy projects. The company has also implemented several initiatives to promote renewable energy awareness among its stakeholders, such as hosting educational events and providing information on renewable energy technologies.

In conclusion, Sands China Ltd is a leading integrated resort and entertainment provider in Macao that is committed to sustainable development. The company has taken several initiatives to reduce its carbon footprint and promote renewable energy, including decarbonisation, corporate energy management, corporate PPAs, and renewable energy. Sands China Ltd recognizes the urgent need to address climate change and is taking proactive steps to reduce its impact on the environment. As a responsible corporate citizen, Sands China Ltd is setting an example for other companies in the region to follow and is making a positive contribution to the global effort to combat climate change.

✓ Declared Net Zero commitment