Saying No To Plastic: Melco Resorts & Entertainment Implements NORDAQ Water Filtration System In Its Resorts
Portfolio Pulse from Shivani Kumaresan
Melco Resorts & Entertainment Ltd (NASDAQ:MLCO) has implemented NORDAQ's water purification and bottling solution across its global property portfolio. The move is part of Melco's sustainability strategy to replace single-use plastic bottles with refillable glass bottles. The NORDAQ system has been installed in 43% of Melco's hotel rooms and three restaurant outlets in Macau and Manila, eliminating over 1.4 million single-use plastic bottles.
August 28, 2023 | 3:43 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Melco's adoption of NORDAQ's water purification system is a positive step towards sustainability, which could enhance its brand image and attract environmentally conscious customers.
The adoption of NORDAQ's water purification system aligns with Melco's sustainability strategy and could enhance its reputation as an environmentally responsible company. This could potentially attract more customers who prioritize sustainability, thereby positively impacting its revenues and stock price.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 100