Hongkong Electric Holdings
Hongkong Electric Holdings Limited, commonly referred to as HK Electric, is a leading energy provider headquartered in Hong Kong. Established in 1890, the company has played a pivotal role in the region's electricity supply, primarily serving Hong Kong Island and Lamma Island. Operating within the utilities industry, HK Electric focuses on the generation, transmission, and distribution of electricity, with a commitment to sustainability and innovation. The company is renowned for its advanced power generation technologies and a diverse energy mix, including renewable sources. With a strong market position, HK Electric has achieved significant milestones, including the implementation of smart grid technologies and a robust infrastructure that supports the growing energy demands of the region. Its dedication to reliability and environmental stewardship sets it apart in the competitive energy landscape.
DitchCarbon Score
How does Hongkong Electric Holdings'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 Electricity from Other Sources 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
Hongkong Electric Holdings's score of 35 is higher than 92% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Hongkong Electric Holdings's reported carbon emissions
In 2023, Hongkong Electric Holdings reported total carbon emissions of approximately 7,224,818,000 kg CO2e. This figure includes about 6,875,967,000 kg CO2e from Scope 1 emissions and approximately 348,851,000 kg CO2e from Scope 2 emissions. The company also disclosed Scope 3 emissions related to fuel and energy-related activities, amounting to about 750,000,000 kg CO2e. Over the previous years, Hongkong Electric Holdings has shown a trend of decreasing emissions, with total emissions dropping from approximately 7,458,619,000 kg CO2e in 2021 and 7,350,865,000 kg CO2e in 2022. This indicates a commitment to reducing their carbon footprint, although specific reduction targets or initiatives have not been detailed in the available data. The company has not publicly committed to any specific science-based targets or climate pledges, which may limit its accountability in the context of global climate commitments. However, the ongoing reduction in emissions suggests a potential alignment with broader industry trends towards sustainability and carbon neutrality.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
Add to project| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | 6,602,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 2 | 992,547,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | - | 0,000,000,000 | 0,000,000,000 | 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.
Hongkong Electric Holdings 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.
