China Gas Holdings Sustainability Profile
China Gas Holdings Limited, headquartered in Hong Kong, is a leading player in the natural gas industry, primarily focusing on the distribution and utilisation of natural gas across various regions in China. Founded in 2000, the company has achieved significant milestones, including the establishment of extensive pipeline networks and the development of innovative gas supply solutions. Specialising in city gas distribution, liquefied natural gas (LNG) supply, and gas-related services, China Gas Holdings distinguishes itself through its commitment to safety, efficiency, and environmental sustainability. With a robust market position, the company serves millions of customers, contributing to the growing demand for cleaner energy alternatives. Its strategic initiatives and expansion into new markets underscore its role as a key player in the transition towards a more sustainable energy landscape.
DitchCarbon Score
How does China Gas Holdings'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 Natural Gas Liquids 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
China Gas Holdings's score of 34 is higher than 66% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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China Gas Holdings's reported carbon emissions
In 2024, China Gas Holdings, headquartered in Hong Kong, reported total carbon emissions of approximately 56,109,995,260 kg CO2e. This figure includes Scope 1 emissions of about 77,034,870 kg CO2e, Scope 2 emissions of approximately 102,121,060 kg CO2e, and a significant contribution from Scope 3 emissions, which totalled around 55,748,041,680 kg CO2e. Notably, the Scope 3 emissions are primarily driven by the use of sold products, accounting for about 43,156,800,000 kg CO2e. In the previous year, 2023, the company recorded total emissions of approximately 338,160,500 kg CO2e, with Scope 1 emissions at about 79,186,730 kg CO2e and Scope 2 emissions at approximately 106,205,140 kg CO2e. The Scope 3 emissions for 2023 were relatively low, at around 410,850 kg CO2e. Despite these substantial emissions figures, China Gas Holdings has not publicly committed to specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or SBTi commitments. The company’s emissions data is not cascaded from any parent organisation, ensuring that the reported figures are solely reflective of its operations. Overall, while China Gas Holdings has made strides in transparency regarding its emissions, the lack of defined climate commitments highlights an area for potential improvement in its sustainability strategy.
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| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|
| Scope 1 | 111,833,150 | 000,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 77,776,570 | 00,000,000 | 00,000,000 | 00,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | 44,440 | 000,000 | 000,000 | 00,000 | 000,000 | 00,000,000,000 |
How Carbon Intensive is China Gas Holdings's Industry?
How Carbon Intensive is China Gas Holdings's Location?
China Gas Holdings's Scope 3 Categories Breakdown
China Gas Holdings's Scope 3 emissions, which increased significantly last year and increased significantly since 2019, demonstrating supply chain emissions tracking. Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Use of Sold Products" being the largest emissions source at 77% of Scope 3 emissions.
Top Scope 3 Categories
China Gas Holdings's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
China Gas Holdings has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
