HK Electric Investments Ltd

Common Name
HK Electric Investments
Country
Hong Kong
Sector
Utilities
Industry
Utilities - Regulated Electric
Employees
1,649
Ticker
2638
Exchange
HONG KONG EXCHANGES AND CLEARING LTD
Description
HK Electric Investments and HK Electric Investments Ltd. is a fixed single investment trust dedicated to owning and operating electricity-related infrastructure. Its primary function is to acquire and...

HK Electric Investments's GHG Emissions Data Preview

In 2023, 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)2024202320222021 - 2017
Total Scope 1
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Total Scope 2
Unspecified Calculation Method
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Total Scope 3
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This table provides a simplified preview of selected GHG emissions data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into HK Electric Investments's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of HK Electric Investments amounted to 6,640,000 metric 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).

Compared to 2022, the total operational greenhouse gas (GHG) emissions of HK Electric Investments decreased by 1.92%, showing that the company has made progress in taking action to reduce the climate impact of its operations.

HK Electric Investments's Scope 1 Emissions Over Time

20212022202302 M4 M6 M8 MtCO2e-8%-2%
  • Total Scope 1
  • Year-over-Year Change

What are HK Electric Investments's Scope 1 emissions?

In 2023, the total Scope 1 emissions of HK Electric Investments were 6,640,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Has HK Electric Investments reduced its Scope 1 emissions over time?

Since 2021, HK Electric Investments's Scope 1 emissions have decreased by 10.15%, reflecting a declining long-term trend in Scope 1 emissions over time.

Compared to the previous year (2022), HK Electric Investments's Scope 1 emissions decreased by 1.92%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.

What are HK Electric Investments's Scope 2 emissions?

In 2023, HK Electric Investments reported Scope 2 greenhouse gas (GHG) emissions of 0 tCOâ‚‚e without specifying the calculation method.

Has HK Electric Investments reduced its Scope 2 emissions over time?

What methodology does HK Electric Investments use for Scope 2 reporting?

In 2023, HK Electric Investments reported its Scope 2 emissions using an unspecified methodology.

HK Electric Investments's Scope 2 Emissions Over Time

20212022202301234tCO2e
  • Total Scope 2 (Unspecified Calculation Method)

Insights into HK Electric Investments's Value Chain Emissions

In 2023, HK Electric Investments reported 1,080,600 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.

The 2023 disclosure of HK Electric Investments includes a breakdown across 6 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2022, demonstrating consistent Scope 3 emissions reporting coverage year over year.

HK Electric Investments's Scope 3 Emissions Over Time

2021202220230300 k600 k900 k1.2 MtCO2e-3%+1%
  • Total Scope 3
  • Year-over-Year Change

What are HK Electric Investments's Scope 3 emissions?

In 2023, HK Electric Investments reported total Scope 3 emissions of 1,080,600 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

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.

Has HK Electric Investments reduced its Scope 3 emissions over time?

Since 2021, HK Electric Investments's Scope 3 emissions have remained relatively stable, indicating that HK Electric Investments 's emissions have plateaued with no significant change in its value chain footprint.

Compared to the previous year (2022), HK Electric Investments's Scope 3 emissions remained relatively stable, indicating that HK Electric Investments 's emissions have plateaued with no significant change in its value chain footprint.

What categories of Scope 3 emissions does HK Electric Investments disclose?

In 2023, HK Electric Investments reported emissions for 6 out of the 15 Scope 3 categories defined by the GHG Protocol.

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 2023, the largest contributors to HK Electric Investments's Scope 3 emissions were:

  • Fuel- and Energy-Related Services (Cat. 3): 894,100 tCOâ‚‚e (82.74%)
  • Capital Goods (Cat. 2): 170,200 tCOâ‚‚e (15.75%)
  • Purchased Goods and Services (Cat. 1): 15,200 tCOâ‚‚e (1.41%)

HK Electric Investments's Scope 3 Emissions by Categories

Purchased Goods andServices (Cat. 1)(1.4%)Fuel- andEnergy-RelatedServices (Cat. 3)(82.7%)Capital Goods(Cat. 2)(15.8%)

Insights into HK Electric Investments's Total Carbon Footprint

In 2023, HK Electric Investments reported a total carbon footprint of 7,720,600 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 1.58% decrease compared to 2022, indicating progress in reducing its overall greenhouse gas output.

The largest contributor to HK Electric Investments's total carbon footprint was Scope 1 emissions, accounting for 86% of the company's total carbon footprint, followed by Scope 3 emissions at 14%.

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