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.
+15 vs industry average
Hong Kong And China Gas’s score of 32 is higher than 59% 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 increased its overall emissions by 156% since 2019
Emissions trajectory 2020 – 2027
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 (Towngas) reported approximately 24.6 billion kg CO2e in total emissions for 2024. This figure comprises approximately 1.63 billion kg CO2e of Scope 1 emissions and about 518 million kg CO2e of Scope 2 emissions. Scope 3 emissions for 2024 were approximately 22.5 billion kg CO2e, largely driven by the use of sold products. In 2023, the company's total emissions were approximately 27.6 billion kg CO2e, with Scope 1 emissions at around 1.60 billion kg CO2e and Scope 2 emissions at about 618 million kg CO2e. Scope 3 emissions for 2023 amounted to approximately 25.3 billion kg CO2e. Towngas has set a target to reduce the carbon intensity of its Hong Kong gas production by 30% by 2020, using a 2005 baseline, for both Scope 1 and Scope 2 emissions. The company is also committed to medium- to long-term targets to further mitigate its carbon emissions, aiming for 2030. Towngas is involved in the distribution services of gaseous fuels through mains.
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Hong Kong And China Gas’s Climate Goals (2030 & 2050)
4 goals2030
We are committed to working towards a medium- to long-term t…
We are committed to working towards a medium- to long-term target to further mitigate our carbon emissions.
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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