GlobalData offers a comprehensive analysis of China Resources Gas, providing key insights into its Environmental, Social, and Governance(ESG) factors. By closely monitoring and aggregating mentions of climate change and associated ESG keywords, GlobalData delivers valuable information on China Resources Gas’s ESG performance. GlobalData’s company profile on China Resources Gas offers a 360-degree view of the company, SWOT analysis, key financials, and business strategy including insights on ESG implementation among other information. Buy the report here.
China Resources Gas, a leading gas company in China, is committed to reducing its GHG emissions as part of its sustainability efforts. The company has established targets for 2025, striving for a 13.5% reduction in overall energy consumption per RMB10,000 of revenue (at comparable prices) compared to 2020 levels. Additionally, the company aims for an 18% decrease in carbon dioxide emission intensity compared to that recorded in 2020.
In 2022, China Resources Gas reported Scope emissions of 35,559.8 tCo2e and Scope 2 emissions of 104,882.75 tCO2e, while its GHG emission density of 0.0149 tonnes CO2e/revenue of HK$’0,000. The company's total environmental investment amounted to HK$4,479.85 thousand, as per the unit of measurement in the index. The total overall energy consumption was 42,120 tonnes of standard coal.
China Resources Gas has taken steps to reduce its emissions and has implemented energy use efficiency initiatives and achieved positive results. The company has also focused on green development to maintain the beauty of nature, including sourcing water fit for purpose and implementing water efficiency initiatives.
China Resources Gas has made investments in technological upgrades for energy saving and emission reduction. It has also implemented measures to mitigate emissions and achieve emission reduction goals. The company has taken actions to manage its significant impacts on the environment and natural resources. It has policies in place to minimize its impact and has described the actions taken to manage these impacts.
In conclusion, China Resources Gas is actively working towards its emissions reduction and has implemented energy efficiency initiatives, invested in technological upgrades, and taken actions to mitigate emissions and manage its impact on the environment and natural resources. The company's commitment to sustainability showcases its dedication to addressing environmental challenges.