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Environmental Protection

Environmental Protection

Going Green for Sustainability

Home   Corporate Social Responsibilities   Environmental Protection
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2021
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GEG invests in Macau’s first corporate green bond to support the emerging financial services industry

Committed to fostering Macau’s economic diversification, Galaxy Entertainment Group (“GEG”) recently invested US$10 million in a green bond issued by Mingyang Smart Energy Group, a world-leading clean energy integrated solution provider and the first private entity to issue corporate green bonds in Macau. This represents GEG’s third investment in corporate social responsibility (“CSR”) and green bonds, following its subscription to Asia’s first biodiversity-themed bonds last September and the SME Themed COVID-19 Impact Alleviation Social Bonds in 2020, both issued by Bank of China Limited (Macau Branch). As the only integrated resort operator that has subscribed to these CSR and green bonds, GEG has been proactively supporting the development of Macau’s financial markets, as well as the city’s economic diversification and integration into the Greater Bay Area through participating in emerging finance.

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GEG subscribes to RMB100 million of Asia’s first biodiversity themed green bond

Galaxy Entertainment Group (“GEG”) recently invested RMB100 million in Asia’s first Biodiversity Themed Green Bonds issued by Bank of China Limited, Macau Branch (“BOC Macau”). This represents GEG’s second investment in a corporate social responsibility related offering following last year’s subscription to BOC Macau’s social bond. The bond has been listed in Macau and Hong Kong.

With this subscription, GEG hopes to support the green finance strategies outlined in the country’s 14th Five-Year Plan, advance Macau’s development in finance, and promote Macau’s green industry and diversification.

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ICGS sends warm wishes to the communities in Hong Kong and the Philippines

Colleagues from InterContinental Grand Stanford Hong Kong (“ICGS”) recently volunteered at Soap Cycling, a nonprofit organization, to sort and upcycle lightly-used soap bars into bath amenities for those in need in Hong Kong and the Philipines. Through this meaningful activitey, ICGS hopes to support the underprivilieged and give back to the community.

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