Mass Transit Railway
Mass Transit Railway Corporation Limited, commonly known as MTR, is a leading public transport operator headquartered in Hong Kong (HK). Established in 1979, MTR has significantly transformed urban mobility in the region, providing efficient and reliable rail services across Hong Kong and extending its operations to mainland China and international markets. MTR operates a comprehensive network of trains, light rail, and bus services, renowned for its punctuality and safety. The company has achieved notable milestones, including the introduction of the Octopus card system, which revolutionised fare collection. With a strong market position, MTR is recognised for its commitment to sustainability and innovation, making it a benchmark in the mass transit industry. Its unique blend of services and customer-centric approach continues to enhance the commuting experience for millions daily.
DitchCarbon Score
How does Mass Transit Railway'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 Rail Transport 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
Mass Transit Railway's score of 18 is higher than 50% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Mass Transit Railway's reported carbon emissions
In 2023, MTR Corporation Limited, headquartered in Hong Kong (HK), reported total carbon emissions of approximately 2,630,833,000 kg CO2e. This figure includes Scope 1 emissions of about 42,466,000 kg CO2e, Scope 2 emissions of approximately 1,075,885,000 kg CO2e, and Scope 3 emissions totalling around 1,512,482,000 kg CO2e. The Scope 3 emissions breakdown reveals significant contributions from upstream leased assets (approximately 713,114,000 kg CO2e) and purchased goods and services (about 308,501,000 kg CO2e). MTR has set ambitious climate commitments, aiming for net zero carbon emissions by 2030. This target encompasses both Scope 1 and Scope 2 emissions. Additionally, the company has established science-based targets (SBTi) to reduce its well-to-wheel greenhouse gas emissions from rail transport by 46.2% per passenger kilometre by 2030, using 2019 as the base year. For investment properties, MTR aims to cut Scope 1 and 2 emissions by 58.6% per square metre of floor area within the same timeframe. Furthermore, the corporation is committed to reducing absolute Scope 3 emissions by 13.5% by 2030. These initiatives reflect MTR's dedication to sustainability and its proactive approach to mitigating climate change impacts within the transportation sector.
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| 2020 | 2021 | |
|---|---|---|
| Scope 1 | 40,949,000 | 00,000,000 |
| Scope 2 | 976,574,000 | 0,000,000,000 |
| Scope 3 | 7,290,000 | 0,000,000 |
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.
Mass Transit Railway is participating in some of the initiatives that 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.
