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