Towngas China Sustainability Profile
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 19 is lower than 64% 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 2024, Towngas China reported total carbon emissions of approximately 11.8 billion kg CO2e, comprising about 77 million kg CO2e from Scope 1 and 2 emissions and approximately 11.7 billion kg CO2e from Scope 3 emissions. The Scope 3 emissions breakdown includes significant contributions from the use of sold products (about 10.0 billion kg CO2e) and purchased goods and services (approximately 1.5 billion kg CO2e). The company has not disclosed specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or commitments to the Science Based Targets initiative (SBTi). Furthermore, emissions data is cascaded from its parent company, The Hong Kong and China Gas Company Limited, reflecting the corporate family relationship. Towngas China operates under the umbrella of Towngas Smart Energy Company Limited, which is based in Hong Kong. The company is committed to addressing climate change, although specific strategies or pledges have not been detailed in the available data.
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| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|
| Scope 1 | 10,996,900 | 00,000,000 | - | - | - | - |
| Scope 2 | 23,754,100 | 00,000,000 | - | - | - | - |
| Scope 3 | - | - | - | - | - | 00,000,000,000 |
How Carbon Intensive is Towngas China's Industry?
How Carbon Intensive is Towngas China's Location?
Towngas China's Scope 3 Categories Breakdown
Their carbon footprint includes supplier sustainability and value chain emissions data across Scope 3 categories, with "Use of Sold Products" being the largest emissions source at 86% of Scope 3 emissions.
Top Scope 3 Categories
Towngas China'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.
Towngas China has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
