Public Profile

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.

13

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.

16

Industry Benchmark

Towngas China's score of 13 is lower than 53% of the industry. This can give you a sense of how well the company is doing compared to its peers.

47%

Towngas China's reported carbon emissions

In 2023, Towngas China reported total carbon emissions of approximately 104,340,000 kg CO2e, which includes 41,801,900 kg CO2e from Scope 1 and 62,538,100 kg CO2e from Scope 2 emissions. Additionally, the company disclosed significant Scope 3 emissions, with 10,813,022,000 kg CO2e attributed to the use of sold products and 1,561,238,000 kg CO2e from purchased goods and services. In previous years, Towngas China’s emissions were as follows: in 2022, total emissions were about 83,256,100 kg CO2e; in 2021, they reached approximately 36,033,500 kg CO2e; in 2020, emissions were around 34,578,300 kg CO2e; and in 2019, they totalled about 34,751,000 kg CO2e. The company has shown fluctuations in emissions, with a notable increase in 2021. Despite these figures, Towngas China has not set specific reduction targets or climate pledges, indicating a potential area for improvement in their climate commitments. The absence of defined reduction initiatives suggests that the company may need to enhance its strategies to address climate change effectively.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

20192020202120222023
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

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Towngas China's primary industry is Natural Gas Liquids, which is very high in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. Towngas China is headquartered in HK, which we do not have grid emissions data for.

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 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

Similar Organizations

Chinese People Holdings Company Limited

CN
Collected and purified water, distribution services of water (41)
Updated 5 days ago

Order Group Company Limited

CN
Natural gas and services related to natural gas extraction, excluding surveying
Updated 5 days ago

Bestsun Energy Co., Ltd.

CN
Other business services (74)
Updated 5 days ago

Tian Lun Gas Holdings Limited

HK
Distribution services of gaseous fuels through mains
Updated 5 days ago

Jy Gas Limited

CN
Distribution services of gaseous fuels through mains
Updated 5 days ago

Jinhong Holding Group Co., Ltd.

CN
Natural gas and services related to natural gas extraction, excluding surveying
Updated 5 days ago

Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers