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Important Notice

Towngas recently received customer enquiries on suspicious gas bill. The alleged claim and embedded links have been found to be fraudulent. The matter has since been reported to the police. Please stay alert and do not click on any attachment or link contained in any email or message that appears suspicious. For enquiries, please call 2880 6988 or email towngas.cs@towngas.com
2023-11-28 13:00:00
Greening the Future

Greening the Future


Greening the Future

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

2022 Performance Highlights

  • 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

Future Actions and Targets

  • 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