Towngas China
Towngas China, officially known as The Hong Kong and China Gas Company Limited, is a leading player in the energy sector, headquartered in Hong Kong. Established in 1862, the company has evolved significantly, expanding its operations across major regions in China, including Guangdong and Beijing. Specialising in the production and distribution of gas, Towngas China offers a range of services, including natural gas supply, energy solutions, and smart energy technologies. Its commitment to innovation and sustainability sets it apart in the industry. With a strong market position, Towngas China has achieved numerous milestones, including the development of advanced gas infrastructure and a focus on renewable energy initiatives. This dedication to excellence has solidified its reputation as a trusted energy provider in the region.
DitchCarbon Score
How does Towngas China'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 Natural Gas Liquids 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
Towngas China's score of 27 is lower than 55% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Towngas China's reported carbon emissions
In 2023, Towngas China reported total carbon emissions of approximately 104,340,000 kg CO2e, comprising 41,801,900 kg CO2e from Scope 1 and 62,538,100 kg CO2e from Scope 2 emissions. Additionally, significant Scope 3 emissions were recorded, with 10,813,022,000 kg CO2e from the use of sold products and 1,561,238,000 kg CO2e from purchased goods and services. Over the years, Towngas has shown fluctuations in its emissions, with total emissions of about 36,033,500 kg CO2e in 2021 and approximately 34,578,300 kg CO2e in 2020. The company has not disclosed specific reduction targets or initiatives, indicating a lack of formal commitments to emissions reduction strategies at this time. Towngas operates from its headquarters in Hong Kong and is part of the broader energy sector, which is increasingly focused on sustainability and reducing greenhouse gas emissions. The absence of defined reduction targets suggests that Towngas may need to enhance its climate commitments to align with industry standards and expectations.
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| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 10,996,900 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 23,754,100 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | - | - | 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.
Towngas China is not participating in any 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.
