MTR Corp Ltd

Common Name
MTR
Country
Hong Kong
Sector
Industrials
Industry
Railroads
Employees
30,800
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 GHG Emissions Data Preview

In 2024, MTR 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).

MTR has also provided a category-level breakdown for 8 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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0000000
Total Scope 3
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0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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Verified Sources Behind MTR’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 MTR’s data sources below and access millions more through our Disclosure Search.

a. MTR's Sustainability Report 2024
a. MTR's Sustainability Report 2024
b. MTR's Sustainability Data Spreadsheet 2023
b. MTR's Sustainability Data Spreadsheet 2023

Insights into MTR's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of MTR amounted to 952,010 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 MTR decreased by 14.87%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a b

MTR's Scope 1 Emissions Over Time

201920202021202220232024015 k30 k45 k60 ktCO2e-3%-1%+4%+1%+5%
  • Total Scope 1
  • Year-over-Year Change

What are MTR's Scope 1 emissions?

In 2024, the total Scope 1 emissions of MTR were 44,590 metric tons of CO₂ equivalent (tCO₂e). a

Has MTR reduced its Scope 1 emissions over time?

Since 2019, MTR's Scope 1 emissions have increased by 5.42%, reflecting a rising long-term trend in Scope 1 emissions over time. a

Compared to the previous year (2023), MTR's Scope 1 emissions increased by 5%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations. a b

What are MTR's Scope 2 emissions?

In 2024, MTR reported Scope 2 greenhouse gas (GHG) emissions of 907,420 tCO₂e without specifying the calculation method. a

Has MTR reduced its Scope 2 emissions over time?

Since 2019, MTR's Scope 2 greenhouse gas (GHG) emissions ( Unspecified Calculation Method) have decreased by 21.92%, reflecting a declining long-term trend in Scope 2 emissions over time. a

Compared to the previous year (2023), MTR's Scope 2 emissions (Unspecified Calculation Method) fell by 15.66% in 2024, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption. a b

What methodology does MTR use for Scope 2 reporting?

In 2024, MTR reported its Scope 2 emissions using an unspecified methodology. a

MTR's Scope 2 Emissions Over Time

2019202020212022202320240300 k600 k900 k1.2 MtCO2e
  • Total Scope 2 (Unspecified Calculation Method)

Insights into MTR's Value Chain Emissions

In 2024, MTR reported 1,636,828 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 MTR includes a breakdown across 8 of the 15 Scope 3 categories defined by the GHG Protocol, up from 0 in 2023, reflecting improved emissions accounting practices and greater transparency across the company's value chain a

MTR's Scope 3 Emissions Over Time

2019202020212022202320240500 k1 M1.5 M2 MtCO2e-100%-57%-4%+50266%+8%
  • Total Scope 3
  • Year-over-Year Change

What are MTR's Scope 3 emissions?

In 2024, MTR reported total Scope 3 emissions of 1,636,828 metric tons of CO₂ equivalent (tCO₂e). a

Approximately 91.54% of these emissions originated from upstream activities such as purchased goods and capital goods, while 8.46% came from downstream activities like product use, distribution, and end-of-life treatment. a

Has MTR reduced its Scope 3 emissions over time?

Since 2019, MTR's Scope 3 emissions have decreased by 15.14%, reflecting a declining long-term trend in Scope 3 emissions over time. a

Compared to the previous year (2023), MTR's Scope 3 emissions remained relatively stable, indicating that MTR 's emissions have plateaued with no significant change in its value chain footprint. a b

What categories of Scope 3 emissions does MTR disclose?

In 2024, MTR reported emissions for 8 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 MTR's Scope 3 emissions?

In 2024, the largest contributors to MTR's Scope 3 emissions were: a

  • Upstream Leased Assets (Cat. 8): 721,816 tCO₂e (44.1%)
  • Purchased Goods and Services (Cat. 1): 285,843 tCO₂e (17.46%)
  • Fuel- and Energy-Related Services (Cat. 3): 254,509 tCO₂e (15.55%)

MTR's Scope 3 Emissions by Categories

Fuel- andEnergy-RelatedServices (Cat. 3)(15.5%)Upstream LeasedAssets (Cat. 8)(44.1%)Purchased Goods andServices (Cat. 1)(17.5%)

Insights into MTR’s GHG Emissions Intensity Compared to Industry Peers

In 2024, MTR reported Scope 1 greenhouse gas (GHG) emissions of 44,590 tCO₂e and total revenues of USD 7,727 millions. This translates into an emissions intensity of 5.77 tCO₂e per millions USD. a

MTR's Scope 1 Emissions Intensity Compared to Peers

50010,000100,0002,000,00050,000,000Scope 1 Emissions (tCO2e)1005005,00050,000200,000Revenues (Millions of USD)BCBBBeijing Enterprises HoldingsYear: 2024Scope 1: 692,000 tCO2eRevenue: $M 11,790Scope 1 Intensity: 58.69 tCO2e/$MNorfolk SouthernYear: 2023Scope 1: 4,097,539 tCO2eRevenue: $M 12,156Scope 1 Intensity: 337.08 tCO2e/$MNankai Electric RailwayYear: 2022Scope 1: 84,693 tCO2eRevenue: $M 1,654Scope 1 Intensity: 51.21 tCO2e/$MTaiwan High Speed RailYear: 2024Scope 1: 8,638 tCO2eRevenue: $M 1,623Scope 1 Intensity: 5.32 tCO2e/$MNRC GroupYear: 2024Scope 1: 10,069 tCO2eRevenue: $M 608Scope 1 Intensity: 16.56 tCO2e/$MOrient Overseas (International)Year: 2024Scope 1: 6,922,800 tCO2eRevenue: $M 83,663Scope 1 Intensity: 82.75 tCO2e/$MGreenbrier CompaniesYear: 2021Scope 1: 55,915 tCO2eRevenue: $M 1,748Scope 1 Intensity: 31.99 tCO2e/$MOdakyu Electric RailwayYear: 2024Scope 1: 73,283 tCO2eRevenue: $M 2,706Scope 1 Intensity: 27.08 tCO2e/$MCSXYear: 2023Scope 1: 4,239,321 tCO2eRevenue: $M 14,657Scope 1 Intensity: 289.24 tCO2e/$MChina Railway MaterialsYear: 2023Scope 1: 1,269,079 tCO2eRevenue: $M 6,341Scope 1 Intensity: 200.13 tCO2e/$MHyundai RotemYear: 2024Scope 1: 7,632 tCO2eRevenue: $M 2,983Scope 1 Intensity: 2.56 tCO2e/$MCCCONCORYear: 2025Scope 1: 28,951 tCO2eRevenue: $M 1,040Scope 1 Intensity: 27.83 tCO2e/$MVosslohYear: 2023Scope 1: 20,685 tCO2eRevenue: $M 1,344Scope 1 Intensity: 15.39 tCO2e/$MMobico GroupYear: 2023Scope 1: 834,815 tCO2eRevenue: $M 4,012Scope 1 Intensity: 208.06 tCO2e/$MUnion PacificYear: 2024Scope 1: 9,286,290 tCO2eRevenue: $M 24,250Scope 1 Intensity: 382.94 tCO2e/$MAurizon HoldingsYear: 2024Scope 1: 662,797 tCO2eRevenue: $M 2,505Scope 1 Intensity: 264.56 tCO2e/$MGrupo TraxionYear: 2023Scope 1: 625,503 tCO2eRevenue: $M 1,462Scope 1 Intensity: 427.75 tCO2e/$MTrinity IndustriesYear: 2023Scope 1: 50,731 tCO2eRevenue: $M 2,983Scope 1 Intensity: 17.01 tCO2e/$MRumoYear: 2024Scope 1: 1,007,941 tCO2eRevenue: $M 2,256Scope 1 Intensity: 446.81 tCO2e/$MCanadian Pacific Kansas CityYear: 2024Scope 1: 4,645,300 tCO2eRevenue: $M 10,112Scope 1 Intensity: 459.39 tCO2e/$MCanadian National RailwayYear: 2024Scope 1: 4,838,442 tCO2eRevenue: $M 11,850Scope 1 Intensity: 408.31 tCO2e/$MCentral Japan RailwayYear: 2023Scope 1: 88,000 tCO2eRevenue: $M 10,513Scope 1 Intensity: 8.37 tCO2e/$MJungfraubahn HoldingYear: 2024Scope 1: 1,932 tCO2eRevenue: $M 288Scope 1 Intensity: 6.72 tCO2e/$MEast Japan RailwayYear: 2023Scope 1: 1,520,000 tCO2eRevenue: $M 18,059Scope 1 Intensity: 84.17 tCO2e/$MMTRYear: 2024Scope 1: 44,590 tCO2eRevenue: $M 7,727Scope 1 Intensity: 5.77 tCO2e/$M

How does MTR's GHG emissions intensity compare to its peers?

In 2024, MTR reported a Scope 1 emissions intensity of 5.77 tCO₂e per millions USD. Compared to the peer group median of 70.72 , this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors. a

Where does MTR rank on GHG emissions intensity within its industry?

In 2024, MTR ranked 3 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

This places MTR among the top performers, with one of the lowest emissions intensities relative to peers. a

Insights into MTR's Total Carbon Footprint

In 2024, MTR reported a total carbon footprint of 2,588,838 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 1.6% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output. a b

The largest contributor to MTR's total carbon footprint was Scope 3 emissions, accounting for 63.23% of the company's total carbon footprint, followed by Scope 2 emissions at 35.05%. a

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