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The Hong Kong and China Gas Company Limited (HOKCF)
- South China Morning Post
Hong Kong's Towngas enlists HSBC, vendors in its efforts to cut supply-chain emissions
Hong Kong and China Gas Company (Towngas) has launched a new scheme with HSBC to improve efficiency and reduce supply chain emissions to help the city reach carbon neutrality by 2050. Hong Kong's sole piped-gas provider will extend advance payments to suppliers with a lower interest rate through its tie-up with the city's largest lender, provided they can meet the company's environmental, social, and governance (ESG) standards, according to the company. "By linking sustainability performance to
- Investing.com
JPM analysis: Chinese utilities could prosper amid rising US-China trade tensions
Investing.com - Analysts from JPMorgan Chase&Co. (NYSE:JPM) suggested on Wednesday that the utilities sector could emerge as a potential winner amid escalating US-China trade tensions.
- South China Morning Post
Climate change: Towngas, French energy group to launch Hong Kong's first green hydrogen project
The Hong Kong and China Gas Company (Towngas) has teamed up with the French water, waste and energy group Veolia to launch the city's first green hydrogen project, which will convert biogas from a landfill site into a sustainable fuel. Towngas and Green Valley Landfill, a subsidiary of Veolia, signed an agreement on Tuesday to jointly develop the facility at the South East New Territories Landfill Extension (Sentx) in Tseung Kwan O. The launch of the project comes a day after the government rele
