Kwoon Chung Bus Hldg Sustainability Profile
Kwoon Chung Bus Holdings Limited, commonly known as Kwoon Chung, is a prominent player in the public transport industry, headquartered in Hong Kong (HK). Established in 1948, the company has grown to become a leading provider of bus services across various regions, including Hong Kong, Macau, and mainland China. Kwoon Chung offers a diverse range of transportation solutions, including franchised bus services, cross-border coach services, and chartered bus operations. Their commitment to safety, reliability, and customer satisfaction sets them apart in a competitive market. With decades of experience, Kwoon Chung has achieved significant milestones, including the expansion of its fleet and the introduction of eco-friendly buses. The company is recognised for its strong market position and dedication to enhancing public transport in the regions it serves.
DitchCarbon Score
How does Kwoon Chung Bus Hldg'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 Transport Services 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
Kwoon Chung Bus Hldg's score of 21 is lower than 72% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Kwoon Chung Bus Hldg's reported carbon emissions
In 2023, Kwoon Chung Bus Holdings Limited (KCBH), headquartered in Hong Kong, reported total carbon emissions of approximately 75,385,580 kg CO2e, comprising about 74,865,260 kg CO2e from Scope 1 and about 520,330 kg CO2e from Scope 2. This represents a notable increase from 2022, where emissions were approximately 47,574,800 kg CO2e, with Scope 1 contributing about 47,092,940 kg CO2e and Scope 2 about 481,860 kg CO2e. KCBH has not disclosed any specific reduction targets or initiatives as part of its climate commitments, and there are no emissions data available for Scope 3. The company is a current subsidiary of Kwoon Chung Bus Holdings Limited, which may influence its emissions reporting and climate strategies. The intensity of total greenhouse gas emissions for 2023 was reported at approximately 0.00003987 kg CO2e per unit of revenue (HKD). This metric indicates the company's emissions relative to its financial performance, although no specific revenue figures were provided. Overall, while KCBH has made strides in emissions reporting, the absence of defined reduction targets suggests a need for further commitment to climate action within the industry context.
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| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | 43,712,560 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 795,740 | 000,000 | 000,000 | 000,000 |
| Scope 3 | - | - | - | - |
How Carbon Intensive is Kwoon Chung Bus Hldg's Industry?
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Kwoon Chung Bus Hldg's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Kwoon Chung Bus Hldg has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
