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