MTR Corp Ltd

Common Name
MTR
Country
Hong Kong
Sector
Industrials
Industry
Railroads
Employees
31,822
Ticker
66
Exchange
HONG KONG EXCHANGES AND CLEARING LTD
Description
MTR Corporation Limited engages in railway design, construction, operation, maintenance, and investment in Hong Kong, Australia, Mainland China, Macao, Sweden, and the United Kingdom. It operates thro...

MTR's Climate Target Data Preview

As of 2023, MTR has disclosed 4 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 2 absolute reduction targets and 2 intensity-based target 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 MTR ’s climate strategy, ambition level, and alignment with global decarbonization goals.

Target TypeScope of TargetUnitTargetTarget Year
Absolute-based Target*
Scope 1 - Total, Scope 2 - Total, Scope 3 - Purchased Goods and Services (Cat. 1), Scope 3 - Fuel- and Energy-Related Services (Cat. 3), Scope 3 - Upstream Transportation and Distribution (Cat. 4)
Metric Tonnes of CO2 equivalent (mtCO2e)
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2025
Absolute-based Target*
Scope 3 - Total Upstream (Cat. 1+2+3+4+5+6+7+8), Scope 3 - Downstream Leased Assets (Cat. 13)
Metric Tonnes of CO2 equivalent (mtCO2e)
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2030
Intensity-based Target*
Scope 1 - Total, Scope 2 - Total, Scope 3 - Fuel- and Energy-Related Services (Cat. 3)
Metric Tonnes of CO2 equivalent (mtCO2e) per Passenger Kilometer
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2030
Intensity-based Target*
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e) per Square Meter (m2)
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2030
* This target is limited in scope and does not represent the company's full operational or organizational boundaries

This table provides a simplified preview of selected climate targets 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 MTR's Greenhouse Gas Emissions Pathways

As of 2023, MTR has set greenhouse gas (GHG) emissions reduction targets that cover both its operational emissions (Scope 1 and 2) and value chain emissions (Scope 3), offering a comprehensive view of its total carbon footprint.

Does MTR have a target to reduce the emissions from its value chain?

As of 2023, MTR has set a target to reduce its value chain greenhouse gas (GHG) emissions, covering 2 out of the 15 Scope 3 categories defined by the GHG Protocol.

MTR's most ambitious value chain target is to reduce these emissions by 13.5% by 2030, compared to a baseline of 1,703,069 Metric Tonnes of CO2 equivalent (mtCO2e) in 2019.

As of 2023, MTR is on track to meet its value chain emissions reduction target, having achieved 39.26% of the planned reduction.

MTR's Value Chain (Scope 3) Emissions Pathway

2019202320300450 k900 k1.35 M1.8 MCurrent (-5%)

Does MTR have a target to reduce its total carbon footprint?

As of 2023, MTR has set a target to reduce its total carbon footprint, specifically those from Scope 1, Scope 2 and Scope 3 sources.

MTR's most ambitious carbon footprint target is to reduce its scope 1, 2 and 3 emissions from a baseline of 14,142 Metric Tonnes of CO2 equivalent (mtCO2e) in 2019, by 25.2% by 2025.

MTR has already surpassed its total carbon footprint reduction target, with 2022 levels falling below the 2025 value, achieving its climate goal ahead of schedule.

MTR's Carbon Footprint (Scope 1+2+3) Emissions Pathway

20192022202504 k8 k12 k16 kBaselineCurrent (-30%)
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