Mass Transit Railway Sustainability Profile
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 26 is higher than 51% 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 2024, the Mass Transit Railway (MTR) reported total carbon emissions of approximately 1,092,794,000 kg CO2e, with emissions distributed across various scopes: 122,333,000 kg CO2e (Scope 1), 842,422,000 kg CO2e (Scope 2), and 613,954,000 kg CO2e (Scope 3). In 2023, MTR's emissions in Hong Kong were about 2,630,833,000 kg CO2e, comprising 42,466,000 kg CO2e (Scope 1), 1,075,885,000 kg CO2e (Scope 2), and 1,512,482,000 kg CO2e (Scope 3). MTR has set ambitious climate commitments, aiming for net zero carbon emissions by 2030 for both Scope 1 and Scope 2 emissions. Additionally, they have established science-based targets validated by the Science Based Targets initiative (SBTi), which include a commitment to reduce Scope 1, 2, and 3 well-to-wheel GHG emissions from rail transport by 46.2% per passenger kilometre by 2030, using 2019 as the base year. They also aim to reduce Scope 1 and 2 GHG emissions from investment properties by 58.6% per square metre by 2030 and absolute Scope 3 GHG emissions by 13.5% within the same timeframe. These initiatives reflect MTR's commitment to sustainability and its proactive approach to addressing climate change, aligning with global standards for emissions reduction.
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| 2020 | 2021 | 2024 | |
|---|---|---|---|
| Scope 1 | 40,949,000 | 00,000,000 | 000,000,000 |
| Scope 2 | 976,574,000 | 0,000,000,000 | 000,000,000 |
| Scope 3 | 7,290,000 | 0,000,000 | 000,000,000 |
How Carbon Intensive is Mass Transit Railway's Industry?
How Carbon Intensive is Mass Transit Railway's Location?
Mass Transit Railway's Scope 3 Categories Breakdown
Mass Transit Railway's Scope 3 emissions, which increased significantly last year and increased significantly since 2020, demonstrating supply chain emissions tracking. A significant portion of their carbon footprint comes from suppliers and value chain emissions, with Scope 3 emissions accounting for 39% of total emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 83% of Scope 3 emissions.
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Mass Transit Railway'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.
Mass Transit Railway has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
Frequently Asked Questions
Common questions about Mass Transit Railway's sustainability data and climate commitments