Transport International Holdings Limited (TIH), headquartered in Hong Kong, is a leading player in the public transport industry. Established in 1975, the company has significantly contributed to the development of Hong Kong's transport infrastructure, primarily through its subsidiaries, including the renowned Citybus and New World First Bus. TIH operates extensively across Hong Kong, providing essential bus services that cater to millions of commuters daily. The company is recognised for its commitment to safety, reliability, and innovation, offering a diverse range of services that include regular bus routes, special services, and environmentally friendly transport solutions. With a strong market position, TIH has achieved notable milestones, including the introduction of advanced technologies in fleet management and customer service. Its dedication to enhancing public transport experiences makes it a cornerstone of Hong Kong's urban mobility landscape.
How does Transport International Holdings'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 Land Transportation 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.
Transport International Holdings's score of 20 is higher than 53% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Transport International Holdings, headquartered in Hong Kong, reported total carbon emissions of approximately 504,889,000 kg CO2e, comprising about 498,289,000 kg CO2e from Scope 1 and about 6,624,000 kg CO2e from Scope 2 emissions. This reflects a slight increase in Scope 1 emissions compared to 2022, which recorded approximately 458,518,000 kg CO2e in Scope 1 and about 6,518,000 kg CO2e in Scope 2. The company has set ambitious climate commitments, including a target to reduce Scope 1 and 2 greenhouse gas emissions from its investment properties in Hong Kong by 58.6% per square metre by 2030. Additionally, in 2023, Transport International Holdings established science-based targets validated by the Science Based Targets initiative (SBTi), aiming for carbon neutrality across all scopes by 2050. Transport International Holdings has consistently disclosed its emissions data for Scope 1 and 2, but does not currently report on Scope 3 emissions. The company’s ongoing efforts and commitments reflect a proactive approach to addressing climate change and reducing its carbon footprint in the transportation sector.
Access structured emissions data, company-specific emission factors, and source documents
2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Scope 1 | 566,360,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
Scope 2 | 14,281,000 | 00,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
Scope 3 | - | - | - | - | - |
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.
Transport International Holdings 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.