Climate Change Data

China Resources Gas Group Limited

Climate Impact & Sustainability Data (2022)

Reporting Period: 2022

Environmental Metrics

Total Carbon Emissions:140,442.6 tonnes CO2e
Scope 1 Emissions:35,559.8 tonnes CO2e
Scope 2 Emissions:104,882.75 tonnes CO2e
Total Energy Consumption:42,120 tonnes of standard coal
Water Consumption:1,531,400 tonnes
Waste Generated:183.12 tonnes (non-hazardous)
Carbon Intensity:0.0149 tonnes CO2e/HK$10,000 revenue

ESG Focus Areas

  • Environmental Management
  • Social Responsibility
  • Group Governance

Environmental Achievements

  • Improved construction of environmental management system
  • Fully leveraged resource advantages to strengthen the construction of zero-carbon industrial parks
  • Augmented the development of green business lines such as distributed energy, distributed photovoltaic systems, distributed heating, hydrogen refuelling stations and charging piles
  • No major production safety accidents in 2022
  • Reduced carbon emission intensity by 4.00% compared with 2020
  • Reduced overall energy consumption per RMB10,000 of revenue (at comparable price) by 4.00% compared with 2020

Social Achievements

  • Provided strong talent support through measures such as improving the multi-tiered personnel training system
  • Arranged a series of training courses for managers, training and assessment certification for professionals, and vocational skill level certification for front-line staff
  • Devoted more efforts in contributing to society
  • Enhanced the ability to deal with social emergencies
  • United community residents to fight COVID-19 outbreaks
  • Delivered corporate value to society through social responsibility activities such as the Little Orange Lantern campaign
  • Customer satisfaction score of 95.7%

Governance Achievements

  • Improved corporate governance structure and set up the President’s Meeting
  • Amended the CR Gas Board Affairs Management System for Member Companies and Operation Manual on Rights and Responsibilities
  • Supervised and assisted each of its 120 subsidiaries to establish a board of directors
  • Established the Lawful Governance, Risk Control and Compliance Management Committee
  • Established the position of Risk Control and Compliance Officer
  • Added two new systems: Internal Control Management System and Internal Control Defect Identification Standards
  • Built 6 new audit centres
  • Implemented the “1+2+3” Management Model
  • Established internal business ethics systems including the Management Measures for Integrity and Compliance

Climate Goals & Targets

Long-term Goals:
  • Improve carbon management to world-class standard by 2035
Medium-term Goals:
  • Achieve remarkable results in the comprehensive green transformation by 2030
  • Significant decline in overall energy consumption per RMB10,000 of revenue (at comparable price) and carbon dioxide emission intensity by 2030
  • Carbon emissions are expected to peak by 2035
Short-term Goals:
  • Reduce water consumption intensity by 15% by 2025 compared with 2020
  • Cut the overall energy consumption per RMB10,000 of revenue (at comparable price) by 13.5% compared with 2020 by 2025
  • Lower the carbon dioxide emission intensity by 18% compared with 2020 by 2025
  • Reduce methane emission intensity in production to below 0.25% by 2025

Environmental Challenges

  • Volatile global energy market posing challenges to the development of the natural gas industry
  • High gas prices and low gas supply
  • Rapid development leading to issues in management and control of the organization, development of talents, and evaluation of the organization
  • Numerous member companies making it difficult to integrate CR culture and change management concepts
  • Climate change risks (physical and transition risks)
Mitigation Strategies
  • Vigorously promoted the acquisition of city gas projects to deeply tap market potential
  • Closely followed the state’s coordinated regional development strategy
  • Developed a roadmap for low-carbon transformation and high-quality development
  • Improved the construction of environmental management system
  • Leveraged customer resources and technical advantages to steadily develop new business lines
  • Introduced learning by action and lean management
  • Established a modern corporate governance system
  • Enhanced risk control system
  • Established a major risk management working mechanism
  • Developed a safety management model with gas characteristics
  • Improved the construction of its environmental management system
  • Developed a roadmap for green transformation and quality development
  • Set emission reduction targets
  • Improved carbon emission management
  • Established a carbon emission management committee
  • Strengthened the management of energy consumption
  • Developed relevant measures for carbon emission management
  • Improved online and offline service processes
  • Established a sound operation mechanism for major emergencies
  • Refined measures of ensuring supply, safety and services

Supply Chain Management

Supplier Audits: 166

Responsible Procurement
  • Environmental protection
  • Employee health and safety
  • Labour standards
  • Integrity and compliance

Climate-Related Risks & Opportunities

Physical Risks
  • Extreme weather
  • Sea level rise
  • Climate warming
Transition Risks
  • Policy and regulatory risk
  • Market risk
  • Reputational risk
  • Technical risk
Opportunities
  • Growing demand for green energy solutions
  • Increasing preference for green electrified products

Sustainable Products & Innovation

  • Distributed energy
  • Distributed photovoltaic systems
  • Distributed heating
  • Hydrogen refuelling stations
  • Charging piles

Awards & Recognition

  • Hong Kong Green Awards – Environmental, Health and Safety Award – Gold
  • Best Performing Enterprise Award
  • Eco-Friendly New Energy Enterprise Award
  • Production Safety Demonstration Unit
  • Advanced Unit for Production Safety
  • Safety Star Enterprise
  • Advanced Unit of the Safety and Health Cup Competition