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 19 is lower than 61% 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 10,413,400 kg CO2e from Scope 1 and 2 sources combined, with Scope 1 emissions at about 71,955,400 kg CO2e and Scope 2 emissions at approximately 32,384,600 kg CO2e. The company also disclosed significant Scope 3 emissions, with the use of sold products contributing about 10,813,022,000 kg CO2e and purchased goods and services adding approximately 1,561,238,000 kg CO2e. Comparatively, in 2022, Towngas China’s combined Scope 1 and 2 emissions were about 83,256,100 kg CO2e, indicating a notable increase in emissions in 2023. The company has not set specific reduction targets or climate pledges, which may limit its ability to demonstrate a commitment to reducing its carbon footprint in the future. Overall, Towngas China’s emissions profile highlights the importance of addressing both direct and indirect emissions to align with global climate goals.
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| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 10,996,900 | 00,000,000 | - | - | 00,000,000 |
| Scope 2 | 23,754,100 | 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.
