Public Profile

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.

26

Industry Average

Mean score of companies in the 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.

0

Industry Benchmark

Hong Kong And China Gas's score of 26 is higher than 90% of the industry. This can give you a sense of how well the company is doing compared to its peers.

90%

Hong Kong And China Gas's reported carbon emissions

In 2023, Hong Kong and China Gas reported total carbon emissions of approximately 22,100,000 kg CO2e, comprising 1,596,000,000 kg CO2e from Scope 1, 618,000,000 kg CO2e from Scope 2, and a significant 27,560,000,000 kg CO2e from Scope 3 emissions. This indicates a substantial reliance on indirect emissions, particularly from the use of sold products. In 2022, the company’s emissions were approximately 25,030,000 kg CO2e, with Scope 1 emissions at 1,830,000,000 kg CO2e and Scope 2 emissions at 673,000,000 kg CO2e. The Scope 3 emissions for that year were also notable, amounting to approximately 14,570,000 kg CO2e. Despite the high levels of emissions, there are currently no specified reduction targets or climate pledges from Hong Kong and China Gas. The company has not outlined any specific initiatives aimed at reducing its carbon footprint, which places it in a challenging position within the industry as global standards for emissions reduction continue to evolve. Overall, Hong Kong and China Gas's emissions profile highlights the need for enhanced climate commitments and strategies to address its significant carbon footprint, particularly in Scope 3 emissions, which represent the majority of its total emissions.

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Add to project
20152016201720182019202020222023
Scope 1
898,000,000
000,000,000
000,000,000
000,000,000
000,000,000
000,000,000
0,000,000,000
0,000,000,000
Scope 2
378,000,000
000,000,000
000,000,000
000,000,000
000,000,000
000,000,000
000,000,000
000,000,000
Scope 3
-
-
-
-
-
-
-
00,000,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Hong Kong And China Gas's primary industry is , which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. Hong Kong And China Gas is headquartered in HK, which we do not have grid emissions data for.

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 committed to some reduction initiatives 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.

SBTi
CDP
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers