Power Assets Holdings Ltd

Common Name
Power Assets Holdings
Country
Hong Kong
Sector
Utilities
Industry
Utilities - Independent Power Producers
Employees
16
Ticker
6
Exchange
HONG KONG EXCHANGES AND CLEARING LTD
Description
Power Assets Holdings Limited, an investment holding company, engages in the generation, transmission, and distribution of electricity in Hong Kong, the United Kingdom, Australia, and internationally....

Power Assets Holdings's Climate Target Data Preview

As of 2024, Power Assets Holdings has disclosed 1 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 1 absolute reduction target, 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 Power Assets Holdings ’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
Metric Tonnes of CO2 equivalent (mtCO2e)
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a
2035
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Verified Sources Behind Power Assets Holdings’s Climate Targets Data

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a. Power Assets Holdings's Sustainability Report 2024
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Insights into Power Assets Holdings's Greenhouse Gas Emissions Pathways

As of 2024, Power Assets Holdings has set greenhouse gas (GHG) emissions reduction targets that cover its operational emissions (Scope 1 and 2), but not its value chain emissions (Scope 3). This means its reduction efforts currently focus on direct and purchased energy emissions. a

Does Power Assets Holdings have a target to reduce the emissions from its operations?

As of 2024, Power Assets Holdings has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources. a

Power Assets Holdings's most ambitious operational target is to reduce these emissions by 67% by 2035, compared to a baseline of 6,630,000 Metric Tonnes of CO2 equivalent (mtCO2e) in 2020. a

As of 2024, Power Assets Holdings is lagging behind on its operational emissions reduction target, having achieved 0.22% of the planned reduction. a

Power Assets Holdings's Operational (Scope 1+2) Emissions Pathway

20202024203502 M4 M6 M8 MCurrent (-0%)Target 2035 (-67%)
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