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HK Electric Investments Ltd
HK Electric Investments's GHG Emissions Data Preview
In 2024, HK Electric Investments completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).
HK Electric Investments has also provided a category-level breakdown for 6 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Scope 1 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 2 | ||||
Unspecified Calculation Method | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data. a | Copy restricted. Please purchase to unlock this data. a | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
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aVerified Sources Behind HK Electric Investments’s Greenhouse Gas (GHG) Emissions Data
Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore HK Electric Investments’s data sources below and access millions more through our Disclosure Search.
Insights into HK Electric Investments's Operational Emissions
In 2024, the total operational greenhouse gas (GHG) emissions ofHK Electric Investments amounted to6,050,000metric tons of CO2 equivalent.This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).a
Compared to 2023, the total operational greenhouse gas (GHG) emissions of HK Electric Investmentsdecreased by 8.89%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a
HK Electric Investments's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are HK Electric Investments's Scope 1 emissions?
In 2024, the total Scope 1 emissions of HK Electric Investments were 6,050,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
Has HK Electric Investments reduced its Scope 1 emissions over time?
Since 2021, HK Electric Investments's Scope 1 emissions have decreased by 18.13%, reflecting a declining long-term trend in Scope 1 emissions over time.ab
Compared to the previous year(2023), HK Electric Investments's Scope 1 emissions decreased by 8.89%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a
What are HK Electric Investments's Scope 2 emissions?
In 2024, HK Electric Investments reported Scope 2 greenhouse gas (GHG) emissions of 0 tCOâ‚‚e without specifying the calculation method.a
Has HK Electric Investments reduced its Scope 2 emissions over time?
What methodology does HK Electric Investments use for Scope 2 reporting?
In 2024, HK Electric Investments reported its Scope 2 emissions using an unspecified methodology.a
HK Electric Investments's Scope 2 Emissions Over Time
- Total Scope 2 (Unspecified Calculation Method)
Insights into HK Electric Investments's Value Chain Emissions
In 2024, HK Electric Investments reported 1,209,700 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a
The 2024 disclosure of HK Electric Investments includes a breakdown across 6of the 15 Scope 3 categories defined by the GHG Protocol,matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year.a
HK Electric Investments's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are HK Electric Investments's Scope 3 emissions?
In 2024, HK Electric Investments reported total Scope 3 emissions of 1,209,700 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
Approximately 100%of these emissions originated from upstream activities such as purchased goods and capital goods, while 0%came from downstream activities like product use, distribution, and end-of-life treatment.a
Has HK Electric Investments reduced its Scope 3 emissions over time?
Since 2021, HK Electric Investments's Scope 3 emissionshave remained relatively stable, indicating that HK Electric Investments's emissions have plateaued with no significant change in its value chain footprint.ab
Compared to the previous year (2023), HK Electric Investments's Scope 3 emissions increased by 11.95%, suggesting that the company faced challenges in reducing emissions across its value chain.a
What categories of Scope 3 emissions does HK Electric Investments disclose?
In 2024, HK Electric Investments reported emissions for 6 out of the 15 Scope 3 categories defined by the GHG Protocol.a
This partial disclosure allows for some insight into the company's indirect impacts.
What are the main sources of HK Electric Investments's Scope 3 emissions?
In 2024, the largest contributors to HK Electric Investments's Scope 3 emissions were:a
- Fuel- and Energy-Related Services (Cat. 3): 1,059,700 tCOâ‚‚e(87.6%)
- Capital Goods (Cat. 2): 134,000 tCOâ‚‚e(11.08%)
- Purchased Goods and Services (Cat. 1): 14,700 tCOâ‚‚e(1.22%)
HK Electric Investments's Scope 3 Emissions by Categories
Insights into HK Electric Investments’s GHG Emissions Intensity Compared to Industry Peers
In 2024, HK Electric Investments reported Scope 1 greenhouse gas (GHG) emissions of 6,050,000 tCOâ‚‚e and total revenues of USD 1,552 millions. This translates into an emissions intensity of 3,896.95 tCOâ‚‚e per millions USD.a
HK Electric Investments's Scope 1 Emissions Intensity Compared to Peers
How does HK Electric Investments's GHG emissions intensity compare to its peers?
In 2024, HK Electric Investments reported a Scope 1 emissions intensity of 3,896.95 tCOâ‚‚e per millions USD. Compared to the peer group median of 2,153.56, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a
Where does HK Electric Investments rank on GHG emissions intensity within its industry?
In 2024, HK Electric Investments ranked 19 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a
HK Electric Investments is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a
Insights into HK Electric Investments's Total Carbon Footprint
In 2024, HK Electric Investments reported a total carbon footprint of 7,259,700 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 5.97% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output.a
The largest contributor to HK Electric Investments's total carbon footprint was Scope 1 emissions, accounting for 83.34% of the company's total carbon footprint, followed by Scope 3 emissions at 16.66%.a