The Hong Kong and China Gas Company Limited

Greenhouse gas emissions & sustainability report data

📊 Latest report period: 2023🗂️ Report periods on file: 2023, 2020, 2013

In its 2023 reporting, The Hong Kong and China Gas Company Limited disclosed greenhouse gas emissions of 310.0K tCO₂e (Hong Kong gas production) + 2214000 tCO₂e (Group) + 27555000 tCO₂e (Scope 3). By scope: Scope 1: 1.6M tCO₂e (Outside Hong Kong); Scope 2: 618.0K tCO₂e (Outside Hong Kong); Scope 3: 27.6M tCO₂e. Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.

💨
GHG Emissions
310.0K tCO₂e (Hong Kong gas production) + 2214000 tCO₂e (Group) + 27555000 tCO₂e (Scope 3)
2023
⚡
Renewable Energy
2% (Landfill gas in Hong Kong town gas fuel mix)
of total energy
💧
Water Usage
934.3K m3 (Hong Kong gas production)
2023
♻️
Waste
146.8 tonnes (Non-hazardous waste landfilled) + 105.7 tonnes (Non-hazardous waste recycled) + 14,147 kg (Hazardous waste)
2023
⚙️
Energy Use
6.3M GJ (Hong Kong) + 3860549 GJ (Outside Hong Kong)
2023

📊 Emissions by Scope (2023)

ScopeWhat it coversReported value
Scope 1Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions).1.6M tCO₂e (Outside Hong Kong)
Scope 2Indirect emissions from purchased electricity, steam, heat and cooling.618.0K tCO₂e (Outside Hong Kong)
Scope 3Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.).27.6M tCO₂e

New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.

📈 Emissions by Report Period

Report periodHeadline emissions figure reported
2023310.0K tCO₂e (Hong Kong gas production) + 2214000 tCO₂e (Group) + 27555000 tCO₂e (Scope 3)
20201.4M tCO2e
2013366.0K metric tonnes CO2e (Hong Kong)

Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.

✅ Reported Environmental Achievements

🎯 Climate & Sustainability Targets

🔜 Short-term

  • Reduce 15% electricity use for North Point Headquarters building by 2025 (2015 baseline)
  • Achieve a 2% increase in the overall energy efficiency of gas appliances by 2030
  • Reduce Group operational GHG emissions by 10% (2020 baseline)

📅 Medium-term

  • Reduce the total carbon intensity of using town gas by 36% (2019 baseline) by 2035
  • Achieve a 2% increase in the overall energy efficiency of gas appliances by 2030

🔭 Long-term

  • Achieve carbon neutrality by 2050

🌱 ESG Focus Areas

Energising the EcosystemNeutralising our FootprintEngaging with SocietyRevitalising our StrengthsGreening the FutureYoung-at-heart with Resilience

⚠️ Challenges & Risks +

  • Climate resilience
  • Asset integrity and crisis management
  • Market competition
  • Liquidity risk
  • Credit risk
  • Increased capital expenditure due to climate change
  • Decline in gas demand due to climate change concerns
  • Manpower crisis
  • Manpower shortage and retention challenge
  • Gas leakages, supply disruptions, fire/explosions

📋 Report Information

Reporting Period: 2023
Frameworks: GRI Universal Standards 2021, GRI 11 Oil and Gas Sector Disclosures 2021, IFRS® Sustainability Disclosure Standards – IFRS S1 and IFRS S2, ESG Reporting Guide (SEHK), TCFD Recommendations, CASS-CSR 4.0, SASB Standards for the Gas Utilities & Distributors sector
Assurance: Deloitte Touche Tohmatsu