China Gas Holdings Ltd

Common Name
China Gas Holdings
Country
Hong Kong
Sector
Utilities
Industry
Utilities - Regulated Gas
Employees
70,000
Ticker
384
Exchange
HONG KONG EXCHANGES AND CLEARING LTD
Description
China Gas Holdings Limited, an investment holding company, operates as an energy supplier and service provider in the People's Republic of China. It operates through Sales of Natural Gas; Gas Connecti...

China Gas Holdings's Climate Target Data Preview

As of 2024, China Gas Holdings has disclosed 1 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 1 intensity-based target, signaling the company’s commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into China Gas Holdings ’s climate strategy, ambition level, and alignment with global decarbonization goals.

Target TypeScope of TargetUnitTargetTarget Year
Intensity-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e) per Joule (J) of Natural Gas Sold
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a, b
2030
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Verified Sources Behind China Gas Holdings’s Climate Targets Data

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a. China Gas Holdings's ESG Report 2022
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b. China Gas Holdings's Sustainability Report 2024
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Insights into China Gas Holdings's Greenhouse Gas Emissions Pathways

As of 2024, China Gas Holdings has set greenhouse gas (GHG) emissions reduction targets that cover its operational emissions (Scope 1 and 2), but not its value chain emissions (Scope 3). This means its reduction efforts currently focus on direct and purchased energy emissions. a b

Does China Gas Holdings have a target to reduce the emissions from its operations?

As of 2024, China Gas Holdings has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources. a b

China Gas Holdings's most ambitious operational target is to reduce these emissions by 50% by 2030, compared to a baseline of 0 Metric Tonnes of CO2 equivalent (mtCO2e) per Joule (J) of Natural Gas Sold in 2021. a b

Instead of reducing operational emissions, China Gas Holdings has increased them, with 2024 levels exceeding those of the 2021 baseline, placing the company well behind its reduction target. a b

China Gas Holdings's Operational (Scope 1+2) Emissions Pathway

20212024203000000Current (+5%)Target 2030 (-50%)
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