Hong Kong And China Gas
Hong Kong and China Gas Company Limited, commonly known as Towngas, is a leading provider in the distribution services of gaseous fuels through mains. Headquartered in Hong Kong, the company has established a significant presence across various regions in China, delivering essential energy solutions since its founding in 1862.
Towngas is renowned for its core services, which include the supply of natural gas and the provision of gas appliances, setting it apart with a commitment to safety and innovation. The company has achieved notable milestones, including the expansion of its infrastructure and the introduction of advanced technologies in gas distribution.
With a strong market position, Towngas continues to be a pioneer in the industry, recognised for its sustainable practices and customer-centric approach, making it a trusted name in gaseous fuel distribution.
+45 vs industry average
Hong Kong And China Gas’s score of 64 is higher than 84% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Gas Distribution is among the most carbon-intensive industries
Industry performance
The Gas Distribution industry has reduced its overall emissions by 32% since 2018
Emissions trajectory 2020 – 2028
Reported emissions
Scope 3 accounts for ••• of total emissions.
Hong Kong And China Gas's reported carbon emissions
The Hong Kong and China Gas Company Limited (HK) reported a total of approximately 27.3 billion kg CO2e in emissions for 2025. This includes Scope 1 emissions of about 1.35 billion kg CO2e, Scope 2 emissions of approximately 510 million kg CO2e, and a significant contribution from Scope 3 emissions, totalling around 24.36 billion kg CO2e. For 2024, total emissions were approximately 27.6 billion kg CO2e, with Scope 1 at about 1.63 billion kg CO2e, Scope 2 at about 518 million kg CO2e, and Scope 3 at approximately 24.64 billion kg CO2e.
In terms of climate commitments, The Hong Kong and China Gas Company Limited has achieved its near-term target of a 20% reduction in combined Scope 1 and Scope 2 greenhouse gas emissions by 2025, compared to a 2020 baseline. The company previously set a target to reduce the carbon intensity of its Hong Kong gas production by 30% by 2020, against a 2005 baseline, for both Scope 1 and Scope 2 emissions. They are also committed to medium- to long-term targets to further mitigate carbon emissions.
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Hong Kong And China Gas’s Climate Goals (2030 & 2050)
5 goals2025
20% reduction in all scopes
Total Scope 1 and Scope 2 greenhouse gas emissions decreased by 20% from 2020 baseline (Target in 2025: Achieved)
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
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Scope 3 top emissions categories
4 of 15 categories disclosedSee all scope 3 categories
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Climate initiatives
Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact Climate Champions initiative
RE 100
Climate Action 100
Emissions comparison with industry peers
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Hong Kong And China Gas
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