Hong Kong and China Gas Co Ltd

Common Name
Hong Kong and China Gas
Country
Hong Kong
Sector
Utilities
Industry
Utilities - Regulated Gas
Employees
55,520
Ticker
3
Exchange
HONG KONG EXCHANGES AND CLEARING LTD
Description
The Hong Kong and China Gas Company Limited, together with its subsidiaries, produces, distributes, and markets gas, water supply and energy services in Hong Kong and Mainland China. It is involved in...

Hong Kong and China Gas's GHG Emissions Data Preview

In 2024, Hong Kong and China Gas 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).

Hong Kong and China Gas has also provided a category-level breakdown for 4 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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0000000
Total Scope 2
Market-Based
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0000000
Location-Based
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0000000
Unspecified Calculation Method
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0000000
Total Scope 3
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b
0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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Verified Sources Behind Hong Kong and China Gas’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 Hong Kong and China Gas’s data sources below and access millions more through our Disclosure Search.

a. Hong Kong and China Gas's ESG Report 2024
a. Hong Kong and China Gas's ESG Report 2024
b. Hong Kong and China Gas's ESG Report 2022
b. Hong Kong and China Gas's ESG Report 2022

Insights into Hong Kong and China Gas's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of Hong Kong and China Gas amounted to 2,146,000 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). a

Compared to 2023, the total operational greenhouse gas (GHG) emissions of Hong Kong and China Gas decreased by 3.07%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a

Hong Kong and China Gas's Scope 1 Emissions Over Time

20182019202020212022202320240500 k1 M1.5 M2 MtCO2e+4%+100%+7%+1%-13%+2%
  • Total Scope 1
  • Year-over-Year Change

What are Hong Kong and China Gas's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Hong Kong and China Gas were 1,628,000 metric tons of CO₂ equivalent (tCO₂e). a

Has Hong Kong and China Gas reduced its Scope 1 emissions over time?

Since 2018, Hong Kong and China Gas's Scope 1 emissions have increased by 101.73%, reflecting a rising long-term trend in Scope 1 emissions over time. a b

Compared to the previous year (2023), Hong Kong and China Gas's Scope 1 emissions increased by 2.01%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations. a

What are Hong Kong and China Gas's Scope 2 emissions?

In 2024, Hong Kong and China Gas reported Scope 2 greenhouse gas (GHG) emissions of 518,000 tCO₂e using the market-based method and 518,000 tCO₂e using the location-based method. a

Has Hong Kong and China Gas reduced its Scope 2 emissions over time?

Compared to the previous year (2023), Hong Kong and China Gas's Scope 2 emissions (Location-Based) fell by 16.18% in 2024, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption. a

What methodology does Hong Kong and China Gas use for Scope 2 reporting?

In 2024, Hong Kong and China Gas reported its Scope 2 emissions using the market-based method and using the location-based method. a

Hong Kong and China Gas's Scope 2 Emissions Over Time

20182019202020212022202320240200 k400 k600 k800 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Hong Kong and China Gas's Value Chain Emissions

In 2024, Hong Kong and China Gas reported 24,635,000 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain. a

The 2024 disclosure of Hong Kong and China Gas includes a breakdown across 4 of 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

Hong Kong and China Gas's Scope 3 Emissions Over Time

20222023202407 M14 M21 M28 MtCO2e+25%-11%
  • Total Scope 3
  • Year-over-Year Change

What are Hong Kong and China Gas's Scope 3 emissions?

In 2024, Hong Kong and China Gas reported total Scope 3 emissions of 24,635,000 metric tons of CO₂ equivalent (tCO₂e). a

Approximately 15.42% of these emissions originated from upstream activities such as purchased goods and capital goods, while 84.58% came from downstream activities like product use, distribution, and end-of-life treatment. a

Compared to the previous year (2023), Hong Kong and China Gas's Scope 3 emissions decreased by 10.6%, highlighting the company's efforts to lower indirect emissions from its value chain. a

What categories of Scope 3 emissions does Hong Kong and China Gas disclose?

In 2024, Hong Kong and China Gas reported emissions for 4 out of the 15 Scope 3 categories defined by the GHG Protocol. a

The limited disclosure restricts visibility into specific emission sources across the company's value chain.

What are the main sources of Hong Kong and China Gas's Scope 3 emissions?

In 2024, the largest contributors to Hong Kong and China Gas's Scope 3 emissions were: a

  • Use of Sold Products (Cat. 11): 20,669,000 tCO₂e (84.58%)
  • Purchased Goods and Services (Cat. 1): 3,339,000 tCO₂e (13.66%)
  • Capital Goods (Cat. 2): 259,000 tCO₂e (1.06%)

Hong Kong and China Gas's Scope 3 Emissions by Categories

Use of Sold Products(Cat. 11)(84.6%)Capital Goods(Cat. 2)(1.1%)Purchased Goods andServices (Cat. 1)(13.7%)

Insights into Hong Kong and China Gas’s GHG Emissions Intensity Compared to Industry Peers

In 2024, Hong Kong and China Gas reported Scope 1 greenhouse gas (GHG) emissions of 1,628,000 tCO₂e and total revenues of USD 7,143 millions. This translates into an emissions intensity of 227.92 tCO₂e per millions USD. a

Hong Kong and China Gas's Scope 1 Emissions Intensity Compared to Peers

50010,000200,0005,000,000100,000,000Scope 1 Emissions (tCO2e)2001,0005,00020,00050,000Revenues (Millions of USD)CCTTokyo GasYear: 2023Scope 1: 4,675,000 tCO2eRevenue: $M 24,697Scope 1 Intensity: 189.30 tCO2e/$MGail (India)Year: 2024Scope 1: 3,467,989 tCO2eRevenue: $M 15,932Scope 1 Intensity: 217.68 tCO2e/$MCCCGN New Energy HoldingsYear: 2023Scope 1: 16,195,260 tCO2eRevenue: $M 17,079Scope 1 Intensity: 948.25 tCO2e/$MCCChina Resources Gas GroupYear: 2024Scope 1: 38,715 tCO2eRevenue: $M 13,221Scope 1 Intensity: 2.93 tCO2e/$MPerusahaan Gas NegaraYear: 2023Scope 1: 40,852 tCO2eRevenue: $M 3,646Scope 1 Intensity: 11.20 tCO2e/$MNiSourceYear: 2023Scope 1: 5,492,279 tCO2eRevenue: $M 5,505Scope 1 Intensity: 997.62 tCO2e/$MTian Lun Gas HoldingsYear: 2023Scope 1: 2,699 tCO2eRevenue: $M 1,187Scope 1 Intensity: 2.27 tCO2e/$MSouthwest Gas HoldingsYear: 2022Scope 1: 375,224 tCO2eRevenue: $M 4,960Scope 1 Intensity: 75.65 tCO2e/$MItalgasYear: 2024Scope 1: 120,275 tCO2eRevenue: $M 2,616Scope 1 Intensity: 45.98 tCO2e/$MTTTowngas Smart EnergyYear: 2023Scope 1: 71,955 tCO2eRevenue: $M 2,541Scope 1 Intensity: 28.32 tCO2e/$MNaturgy Energy GroupYear: 2024Scope 1: 11,482,448 tCO2eRevenue: $M 20,050Scope 1 Intensity: 572.70 tCO2e/$MSnamYear: 2024Scope 1: 1,175,381 tCO2eRevenue: $M 3,692Scope 1 Intensity: 318.35 tCO2e/$MAygazYear: 2023Scope 1: 5,401 tCO2eRevenue: $M 2,194Scope 1 Intensity: 2.46 tCO2e/$MSpireYear: 2023Scope 1: 333,327 tCO2eRevenue: $M 2,666Scope 1 Intensity: 125.01 tCO2e/$MChina Gas HoldingsYear: 2024Scope 1: 259,833 tCO2eRevenue: $M 10,403Scope 1 Intensity: 24.98 tCO2e/$MGujarat GasYear: 2023Scope 1: 2,910 tCO2eRevenue: $M 2,030Scope 1 Intensity: 1.43 tCO2e/$MBlack HillsYear: 2023Scope 1: 4,512,017 tCO2eRevenue: $M 2,331Scope 1 Intensity: 1,935.41 tCO2e/$MNew Jersey ResourcesYear: 2023Scope 1: 50,068 tCO2eRevenue: $M 1,963Scope 1 Intensity: 25.51 tCO2e/$MONE GasYear: 2023Scope 1: 417,058 tCO2eRevenue: $M 2,372Scope 1 Intensity: 175.83 tCO2e/$MChina Suntien Green EnergyYear: 2023Scope 1: 2,107 tCO2eRevenue: $M 2,854Scope 1 Intensity: 0.74 tCO2e/$MComgásYear: 2024Scope 1: 14,429 tCO2eRevenue: $M 2,500Scope 1 Intensity: 5.77 tCO2e/$MAPA GroupYear: 2024Scope 1: 1,905,327 tCO2eRevenue: $M 2,021Scope 1 Intensity: 942.76 tCO2e/$MOsaka GasYear: 2025Scope 1: 4,440,000 tCO2eRevenue: $M 13,797Scope 1 Intensity: 321.81 tCO2e/$MHong Kong and China GasYear: 2024Scope 1: 1,628,000 tCO2eRevenue: $M 7,143Scope 1 Intensity: 227.92 tCO2e/$M

How does Hong Kong and China Gas's GHG emissions intensity compare to its peers?

In 2024, Hong Kong and China Gas reported a Scope 1 emissions intensity of 227.92 tCO₂e per millions USD. Compared to the peer group median of 75.65 , this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors. a

Where does Hong Kong and China Gas rank on GHG emissions intensity within its industry?

In 2024, Hong Kong and China Gas ranked 17 out of 23 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

Hong Kong and China Gas is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency. a

Insights into Hong Kong and China Gas's Total Carbon Footprint

In 2024, Hong Kong and China Gas reported a total carbon footprint of 26,781,000 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 10.04% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output. a

The largest contributor to Hong Kong and China Gas's total carbon footprint was Scope 3 emissions, accounting for 91.99% of the company's total carbon footprint, followed by Scope 1 emissions at 6.08%. a

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