CHINA RESOURCES GAS GROUP LIMITED Sustainability Profile
China Resources Gas Group Limited, commonly referred to as CR Gas, is a leading player in the natural gas industry, headquartered in Hong Kong. Established in 2000, the company has rapidly expanded its operations across major regions in China, focusing on the distribution and sale of natural gas and related services. CR Gas is renowned for its commitment to providing clean energy solutions, offering a range of core services including gas distribution, pipeline construction, and energy management. The company distinguishes itself through its extensive network and innovative technologies, ensuring efficient and reliable service delivery. With a strong market position, CR Gas has achieved significant milestones, including strategic partnerships and expansions that enhance its operational capabilities. As a key contributor to China's energy landscape, CR Gas continues to play a vital role in promoting sustainable energy practices across the nation.
DitchCarbon Score
How does CHINA RESOURCES GAS GROUP LIMITED'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/Diesel Oil 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 RESOURCES GAS GROUP LIMITED's score of 4 is lower than 87% 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 RESOURCES GAS GROUP LIMITED's reported carbon emissions
In 2023, China Resources Gas Group Limited reported total carbon emissions of approximately 145,054,830 kg CO2e. This figure includes about 36,151,600 kg CO2e from Scope 1 emissions and approximately 108,903,230 kg CO2e from Scope 2 emissions. The company has not disclosed any Scope 3 emissions data. Over the past few years, the company has shown a trend in its emissions data. In 2022, total emissions were about 245,325,350 kg CO2e, with Scope 1 emissions at approximately 140,442,600 kg CO2e and Scope 2 emissions at about 104,882,750 kg CO2e. In 2021, emissions were higher, with total emissions reaching approximately 255,722,800 kg CO2e, comprising about 145,608,500 kg CO2e from Scope 1 and around 110,114,300 kg CO2e from Scope 2. Despite these figures, China Resources Gas Group Limited has not set specific reduction targets or initiatives as part of its climate commitments. The company is a current subsidiary of China Resources Gas Group Limited, and its emissions data is cascaded from this parent organization. The company’s emissions intensity, measured as carbon dioxide emissions per unit of revenue, has been reported at approximately 0.005017 kg CO2e per HKD 10,000 output in 2023. This metric indicates the company's emissions relative to its financial performance, although no specific reduction initiatives or targets have been outlined in their disclosures. Overall, while China Resources Gas Group Limited has made strides in reporting its emissions, it currently lacks defined climate commitments or reduction targets.
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| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | 201,284,820 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 00,000,000 |
| Scope 2 | 234,690,370 | - | - | - | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | 3,053,730 | - | - | - | - | - | - |
How Carbon Intensive is CHINA RESOURCES GAS GROUP LIMITED's Industry?
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CHINA RESOURCES GAS GROUP LIMITED's Scope 3 Categories Breakdown
Their carbon footprint includes suppliers and value chain emissions, with Scope 3 emissions accounting for 1% of total emissions under the GHG Protocol, with "Waste Generated in Operations" representing nearly all of their reported Scope 3 footprint.
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CHINA RESOURCES GAS GROUP LIMITED'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 RESOURCES GAS GROUP LIMITED 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.
