China Resources Gas Group Ltd

Common Name
China Resources Gas Group
Country
Hong Kong
Sector
Utilities
Industry
Utilities - Regulated Gas
Employees
57,522
Ticker
1193
Exchange
HONG KONG EXCHANGES AND CLEARING LTD
Description
China Resources Gas Group Ltd. is a public company that engages in the distribution and sale of natural gas in China. As one of the largest energy suppliers in the region, its primary function is to p...

China Resources Gas Group's Climate Target Data Preview

As of 2023, China Resources Gas Group has disclosed 2 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 2 intensity-based targets, 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 Resources Gas Group ’s climate strategy, ambition level, and alignment with global decarbonization goals.

Target TypeScope of TargetUnitTargetTarget Year
Intensity-based Target
Scope 1 - Total
Metric Tonnes of CH4 (mtCH4) per Unspecified Unit
Copy restricted. Please purchase to unlock this data.
a
2025
Intensity-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e) per Hong Kong Dollar (HKD) of Revenue
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a
2025
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Verified Sources Behind China Resources Gas Group’s Climate Targets Data

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a. China Resources Gas Group's ESG Report 2023
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Insights into China Resources Gas Group's Greenhouse Gas Emissions Pathways

As of 2023, China Resources Gas Group 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

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

As of 2023, China Resources Gas Group has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources. a

China Resources Gas Group's most ambitious operational target is to reduce these emissions by 10% by 2025, compared to a baseline of 0 Metric Tonnes of CO2 equivalent (mtCO2e) per Hong Kong Dollar (HKD) of Revenue in 2020. a

China Resources Gas Group has already surpassed its operational emissions reduction target, with 2023 levels falling below the 2025 value, achieving its climate goal ahead of schedule. a

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

20202023202500000Current (-50%)Target 2025 (-10%)
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