Hong Kong And China Gas
Hong Kong and China Gas Company Limited, commonly known as Towngas, is a leading energy provider headquartered in Hong Kong. Established in 1862, the company has evolved into a key player in the gas and energy sector, primarily serving Hong Kong and mainland China. Towngas is renowned for its innovative gas supply solutions, including town gas, natural gas, and a range of energy-related services. With a commitment to sustainability, Towngas has made significant strides in developing renewable energy sources and enhancing energy efficiency. The company holds a prominent market position, recognised for its reliability and customer-centric approach. Notable achievements include its extensive pipeline network and pioneering initiatives in smart energy technology, solidifying its reputation as a forward-thinking leader in the industry.
DitchCarbon Score
How does Hong Kong And China Gas's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Gas Distribution industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Hong Kong And China Gas's score of 28 is higher than 60% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Hong Kong And China Gas's reported carbon emissions
In 2023, Hong Kong and China Gas reported total carbon emissions of approximately 2,214,000,000 kg CO2e. This figure includes 1,596,000,000 kg CO2e from Scope 1 emissions, 618,000,000 kg CO2e from Scope 2 emissions, and a significant 27,555,000,000 kg CO2e from Scope 3 emissions, which primarily stem from the use of sold products. The company has set ambitious reduction targets, aiming for a 30% decrease in carbon intensity for both Scope 1 and Scope 2 emissions by 2020, using 2005 as a baseline. Additionally, they are committed to long-term strategies to further mitigate carbon emissions, with a focus on achieving net-zero emissions by 2030 for both Scope 1 and Scope 2 emissions. The emissions data is sourced directly from The Hong Kong and China Gas Company Limited, with no cascaded data from parent or related organizations. The company continues to enhance its climate commitments, aligning with industry standards for sustainability and carbon management.
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Access structured emissions data, company-specific emission factors, and source documents
| 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 797,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 00,000,000 | 0,000,000,000 |
| Scope 2 | 258,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 00,000,000 | 000,000,000 |
| Scope 3 | - | - | - | - | - | - | - | - | - | 0,000,000,000 | - | 00,000,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Hong Kong And China Gas is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
