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Greening the Future

Devote to developing low-carbon energy and leaving the world a better place for future generations.

Management Approach

183 renewable energy projects spread across 24 provincial regions
First hydrogen extraction pilot project commissioned (Hong Kong)
For the Group's green business on the Chinese mainland, green taxonomy-eligible revenue and investment were 13% and 28% respectively (over gas business)
Launched the Chinese mainland’s first RMB10 billion Zero-carbon Technology Investment Fund with IDG Capital
Issued a US$200 million SustainabilityLinked Bond and arranged a RMB500 million green loan
Launched the first Towngas Smart Energy ecological platform, Tera Planet, with Tencent Cloud
29% of customers in Hong Kong are using smart meter

Invest in 200 zero-carbon smart industrial parks with a total solar-powered capacity of 8GW by 2025
Incorporate ESG evaluation and internal carbon pricing in new project investment
Explore sustainability-linked financing initiatives
Further explore the possibility to commercialise hydrogen supply in Hong Kong