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 55 is higher than 86% 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 2024, Hong Kong and China Gas reported total emissions of approximately 2,000,000 kg CO2e, with Scope 2 emissions accounting for about 518,000 kg CO2e. Additionally, Scope 3 emissions related to fuel and energy activities were reported at approximately 170,000 kg CO2e. 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, compared to a 2005 baseline. Looking ahead, Hong Kong and China Gas is committed to further mitigating its carbon emissions with medium- to long-term targets set for 2023 to 2030, although specific percentage reductions for these targets have not been disclosed. The emissions data is sourced directly from The Hong Kong and China Gas Company Limited, with no cascaded data from parent organizations. Overall, the company is actively working towards enhancing its sustainability practices and reducing its carbon footprint in alignment with industry standards.
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| 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 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 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | - | - | - | - | - | - | - | - | - | - | - | 00,000,000,000 | 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.
