Potential offtaker

Genting Singapore Limited

www.gentingsingapore.com

Estimated electricity consumption

N/A

Countries of production presence

N/A

Genting Singapore Ltd is a leading integrated resort developer and operator in Singapore. The company is primarily engaged in the development, management, and operation of integrated resorts, which include gaming, hospitality, entertainment, and leisure facilities. Genting Singapore is a subsidiary of Genting Group, a multinational conglomerate with a diversified portfolio of businesses, including gaming, hospitality, leisure, and entertainment.

The company operates two integrated resorts in Singapore, namely Resorts World Sentosa and Marina Bay Sands. Resorts World Sentosa is a world-class destination resort that offers a wide range of attractions, including a casino, theme parks, hotels, and restaurants. Marina Bay Sands is an iconic integrated resort that features a casino, luxury hotels, shopping malls, and convention facilities.

Genting Singapore is committed to sustainable development and is actively pursuing decarbonisation and renewable energy initiatives. The company has set a target to reduce its carbon emissions intensity by 30% by 2030, compared to its 2010 baseline. To achieve this target, Genting Singapore is implementing various measures to improve energy efficiency, such as upgrading its air conditioning systems and lighting systems, and installing energy-efficient equipment.

In addition, Genting Singapore is exploring the use of renewable energy sources, such as solar and wind power, to reduce its reliance on fossil fuels. The company has signed a corporate power purchase agreement (PPA) with Sunseap Group, a leading provider of renewable energy solutions in Singapore, to purchase solar energy from its rooftop solar panels. Under the PPA, Genting Singapore will purchase 17.5 megawatts of solar energy per year for the next 25 years, which is equivalent to powering 4,500 households annually.

Genting Singapore is also investing in corporate energy management to improve its energy efficiency and reduce its carbon footprint. The company has implemented an energy management system (EMS) to monitor and control its energy consumption and identify areas for improvement. The EMS has helped Genting Singapore to achieve significant energy savings and reduce its carbon emissions.

Furthermore, Genting Singapore is committed to promoting sustainable tourism and responsible gaming. The company has implemented various initiatives to reduce its environmental impact, such as reducing water consumption, waste generation, and greenhouse gas emissions. Genting Singapore also promotes responsible gaming practices and provides support and assistance to customers who may be experiencing gambling-related problems.

In conclusion, Genting Singapore is a leading integrated resort developer and operator in Singapore that is committed to sustainable development and decarbonisation. The company is actively pursuing renewable energy initiatives, such as corporate PPAs and energy management, to reduce its carbon footprint and improve its energy efficiency. Genting Singapore is also committed to promoting sustainable tourism and responsible gaming practices, demonstrating its commitment to social and environmental responsibility.

✓ Declared Net Zero commitment