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Towngas Smart Energy Co Ltd
Towngas Smart Energy's GHG Emissions Data Preview
In 2024, Towngas Smart Energy 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).
Towngas Smart Energy 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) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Scope 1 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  b | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Total Scope 2 | ||||
Unspecified Calculation Method | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  b | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  b | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  b | Copy restricted. Please purchase to unlock this data. | 0000000 |
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bVerified Sources Behind Towngas Smart Energy’s Greenhouse Gas (GHG) Emissions Data
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Insights into Towngas Smart Energy's Operational Emissions
In 2024, the total operational greenhouse gas (GHG) emissions ofTowngas Smart Energy amounted to77,019metric 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 Towngas Smart Energydecreased by 26.18%, showing that the company has made progress in taking action to reduce the climate impact of its operations.ab
Towngas Smart Energy's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are Towngas Smart Energy's Scope 1 emissions?
In 2024, the total Scope 1 emissions of Towngas Smart Energy were 48,191 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
Compared to the previous year(2023), Towngas Smart Energy's Scope 1 emissions decreased by 33.03%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.ab
What are Towngas Smart Energy's Scope 2 emissions?
In 2024, Towngas Smart Energy reported Scope 2 greenhouse gas (GHG) emissions of 28,828 tCOâ‚‚e without specifying the calculation method.a
Has Towngas Smart Energy reduced its Scope 2 emissions over time?
Compared to the previous year(2023), Towngas Smart Energy's Scope 2 emissions(Unspecified Calculation Method) fell by 10.98% in 2024, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption.ab
What methodology does Towngas Smart Energy use for Scope 2 reporting?
In 2024, Towngas Smart Energy reported its Scope 2 emissions using an unspecified methodology.a
Towngas Smart Energy's Scope 2 Emissions Over Time
- Total Scope 2 (Unspecified Calculation Method)
Insights into Towngas Smart Energy's Value Chain Emissions
In 2024, Towngas Smart Energy reported 11,685,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a
The 2024 disclosure of Towngas Smart Energy includes a breakdown across 4of the 15 Scope 3 categories defined by the GHG Protocol,up from 2 in 2023, reflecting improved emissions accounting practices and greater transparency across the company's value chaina
Towngas Smart Energy's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are Towngas Smart Energy's Scope 3 emissions?
In 2024, Towngas Smart Energy reported total Scope 3 emissions of 11,685,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
Approximately 13.94%of these emissions originated from upstream activities such as purchased goods and capital goods, while 86.06%came from downstream activities like product use, distribution, and end-of-life treatment.a
Compared to the previous year (2023), Towngas Smart Energy's Scope 3 emissions remained relatively stable, indicating that Towngas Smart Energy's emissions have plateaued with no significant change in its value chain footprint.ab
What categories of Scope 3 emissions does Towngas Smart Energy disclose?
In 2024, Towngas Smart Energy 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 Towngas Smart Energy's Scope 3 emissions?
In 2024, the largest contributors to Towngas Smart Energy's Scope 3 emissions were:a
- Use of Sold Products (Cat. 11): 10,014,000 tCOâ‚‚e(86.06%)
- Purchased Goods and Services (Cat. 1): 1,454,000 tCOâ‚‚e(12.5%)
- Capital Goods (Cat. 2): 150,000 tCOâ‚‚e(1.29%)
Towngas Smart Energy's Scope 3 Emissions by Categories
Insights into Towngas Smart Energy’s GHG Emissions Intensity Compared to Industry Peers
In 2024, Towngas Smart Energy reported Scope 1 greenhouse gas (GHG) emissions of 48,191 tCOâ‚‚e and total revenues of USD 2,744 millions. This translates into an emissions intensity of 17.56 tCOâ‚‚e per millions USD.a
Towngas Smart Energy's Scope 1 Emissions Intensity Compared to Peers
How does Towngas Smart Energy's GHG emissions intensity compare to its peers?
In 2024, Towngas Smart Energy reported a Scope 1 emissions intensity of 17.56 tCOâ‚‚e per millions USD. Compared to the peer group median of 36.53, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a
Where does Towngas Smart Energy rank on GHG emissions intensity within its industry?
In 2024, Towngas Smart Energy ranked 10 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a
Towngas Smart Energy is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a
Insights into Towngas Smart Energy's Total Carbon Footprint
In 2024, Towngas Smart Energy reported a total carbon footprint of 11,762,019 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 5.74% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output.ab
The largest contributor to Towngas Smart Energy's total carbon footprint was Scope 3 emissions, accounting for 99.35% of the company's total carbon footprint, followed by Scope 1 emissions at 0.41%.a