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Hong Kong And China Gas
Gas DistributionHong Kong SAR ChinaPNK: HOKCY
Last verified 1 month agotowngas.com
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.
18
DitchCarbon score
-1 vs industry average
Hong Kong And China Gas’s score of 18 is lower than 43% 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
Very High
Gas Distribution is among the most carbon-intensive industries
Industry performance
0.853
20182025
The Gas Distribution industry has reduced its overall emissions by 32% since 2018
Emissions trajectory 2020 – 2028
202020212022202320242025202620272028
Reported emissions
Scope 1
•••kg CO₂e
Scope 2
•••kg CO₂e
Scope 3
•••kg CO₂e
Total reported
•••kg CO₂e
Scope 3 accounts for ••• of total emissions.
Hong Kong And China Gas's reported carbon emissions
Hong Kong And China Gas, a Hong Kong-based company in the distribution services of gaseous fuels through mains industry, reported its Scope 1 emissions for 2025 as approximately 1.35 billion kg CO2e. In 2024, its Scope 1 emissions were around 1.63 billion kg CO2e, following approximately 1.60 billion kg CO2e in 2023.
Looking back, in 2022, Scope 1 emissions were about 1.83 billion kg CO2e. For 2021, the company disclosed Scope 1 emissions of around 1.81 billion kg CO2e and Scope 2 emissions of approximately 694 million kg CO2e. In 2020, Scope 1 emissions were roughly 1.68 billion kg CO2e, with Scope 2 emissions at approximately 676 million kg CO2e. The company has a near-term absolute target to decrease total Scope 1 and Scope 2 greenhouse gas emissions by 20% from a 2020 baseline by 2025, which it has achieved.
Hong Kong And China Gas has also set a near-term intensity reduction target to reduce the carbon intensity of its Hong Kong gas production by 30% for both Scope 1 and Scope 2 emissions by 2020, compared to a 2005 baseline. Additionally, the company is committed to working towards medium- to long-term net-zero targets to further mitigate its Scope 1 and Scope 2 carbon emissions between 2023 and 2030.
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Hong Kong And China Gas’s Climate Goals (2030 & 2050)
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
On track94%
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
At risk48%
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
Behind target22%
Showing SBTi-validated targets only. Sign up or sign in to see all disclosed climate targets.
Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Climate initiatives
Science Based Targets Initiative
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Not active
Carbon Disclosure Project
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Active
The Climate Pledge
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Not active
UN Global Compact Climate Champions initiative
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Not active
RE 100
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Not active
Climate Action 100
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Not active
Emissions comparison with industry peers
View similar organisationsCompanyCountryIndustryLast updatedScoreDetails
Hong Kong And China Gas1 month ago
18
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