Media Resources

(26 July 2024) The Hong Kong and China Gas Company Limited (Towngas) has announced its inaugural inclusion in the FTSE4Good Index Series, along with an improved ESG Rating from FTSE Russell. Concurrently, at the UNSDG Achievement Awards Hong Kong 2024, Towngas clinched the Sustainable Organisation Award – Bronze and three project awards: Individual SDG Award, Individual SDG Award (SME), and Recognised Project Award. Towngas is grateful for the recognition and pledges to continue its efforts towards sustainable development goals.
 
Mr Felix Lee Kin-ming, Towngas Head of Group ESG / Head of Group Corporate Affairs, feels delighted with these accolades. He stated, “The Group has long prioritised ESG considerations. Towngas’ inclusion in the FTSE4Good Index Series demonstrates our commitment to continual improvement and our collective effort towards environmental sustainability and smart energy development.”
 
At the UNSDG Achievement Awards Hong Kong 2024, organised by the Green Council, Towngas received the Sustainable Organisation Award – Bronze, acknowledging the Group’s culture of sustainable development. Towngas’ ESG Strategy, “ENERGY”, encompasses six key areas: Energising the Ecosystem, Neutralising our Footprint, Engaging with Society, Retaining our Strengths, Greening the Future, and Young-at-heart with Resilience. These principles are integrated across various business aspects.
 
Three Towngas projects were also recognised. The “Fueling the Future: Transition to a Hydrogen Economy” project won the “Individual SDG Award - Goal 7: Affordable and Clean Energy”. Towngas is extracting hydrogen from its gas network to provide hydrogen energy to customers. Applications include a memorandum of cooperation with Citybus’ parent company, Bravo Transport Services Limited, to supply hydrogen for public buses, a hydrogen fuel cell power generation pilot project at a padel court in Sai Kung, and Hong Kong’s first green hydrogen project in collaboration with Veolia at the South East New Territories Landfill Extension, producing green hydrogen from biogas.
 
The Group’s restaurant, CulinArt 1862, won the “Individual SDG Award (SME): Responsible Consumption and Production”. CulinArt 1862 integrates culinary art, sustainability, and food waste reduction in its operations, using IoT Smart Kitchen, sourcing seasonal ingredients from the Towngas Organic Farm, and implementing waste reduction initiatives and green procurement.
 
Additionally, Towngas became the first utility in Greater China to launch a green supply chain finance programme, promoting ESG practices among suppliers. This initiative earned the Group the Recognised Project Award.
 
Towngas recognises that both vision and implementation are crucial in sustainable development, and is committed to developing various sustainable solutions and actively applying them across various scenarios. Through these efforts, Towngas aims to make meaningful contributions to a wide range of Sustainable Development Goals.

- END -