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 22 is higher than 80% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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 27,555,000,000 kg CO2e from Scope 3 emissions. The company has not disclosed any specific reduction targets or initiatives, indicating a lack of formal commitments to reduce emissions at this time. Historically, emissions have fluctuated, with notable figures from previous years including 1,393,000,000 kg CO2e in 2019 and 1,406,000,000 kg CO2e in 2020. The company has reported emissions across all three scopes, highlighting the importance of addressing both direct and indirect emissions in their operations. Despite the absence of formal reduction targets, Hong Kong and China Gas continues to monitor its carbon intensity, with a reported carbon intensity of 0.00023 kg CO2e per kWh of town gas used. The company’s emissions data reflects its ongoing operations and the challenges faced in reducing its carbon footprint in a rapidly evolving energy landscape.
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Get Started| 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 898,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 00,000,000 | 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 | 00,000,000 | 000,000,000 |
| Scope 3 | - | - | - | - | - | - | 0,000,000,000 | 00,000,000 | 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 committed to any 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.
