Hong Kong and China Gas Co Ltd 2023 SR
The report highlights the sustainability performance and initiatives of The Hong Kong and China Gas Company Limited (Towngas) for the year 2023. The company committed to achieving carbon neutrality by 2050 and introduced a new target to reduce the carbon intensity of town gas in Hong Kong by 36% by 2035. Towngas also established a Board ESG Committee to enhance governance and linked 5% of executive variable compensation to ESG targets. Key achievements include setting a Guinness World Record for community engagement and launching the Towngas Operation Platform to monitor methane emissions.
Company: Hong Kong and China Gas Co Ltd
Sector: Energy utilities
Country: Hong Kong
Year: 2023
Type: SR
Pages: 55
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Hong Kong and China Gas Co Ltd
Environmental, Social And Governance Report
The report highlights the sustainability performance and initiatives of The Hong Kong and China Gas Company Limited (Towngas) for the year 2023. The company committed to achieving carbon neutrality by 2050 and introduced a new target to reduce the carbon intensity of town gas in Hong Kong by 36% by 2035. Towngas also established a Board ESG Committee to enhance governance and linked 5% of executive variable compensation to ESG targets. Key achievements include setting a Guinness World Record for community engagement and launching the Towngas Operation Platform to monitor methane emissions.
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Document Details
Report Year
2023
Reporting Period
Jan 1, 2023 - Dec 31, 2023
Fiscal Year
2023
Published
Mar 20, 2024
Type
Sustainability Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
Sustainable Development Goals
Other Standards
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Scope 3:
Energy Consumption
Water Consumption
Total Waste
Women on Board
Women in Management
Workplace Fatalities
Net Zero Target
Employees