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Sustainability Report 2011
Business Overview
T
he first public utility to commence
operations in Hong Kong, The Hong
Kong and China Gas Company Limited,
or Towngas as we are more commonly
known as, was founded in 1862. We are
thus celebrating our 150th Anniversary
in 2012.
Initially established to light the streets of
Hong Kong, our business has grown and
expanded such that we are now a major
energy supplier, with a strong focus on
the environment, not only in Hong Kong
but also in mainland China. As at the
end of 2011, our operations included a
total of 138 mainland businesses and
our market value reached over HK$150
billion. Together with our 38,000
employees, we provided both piped gas
as well as other utility services to our
15 million customers, which translated
into services to over 50 million people in
Hong Kong and mainland China.
In Hong Kong, our activities mainly
consist of the production and
distribution of town gas, its marketing
and sale, the provision of a full range of
gas appliances, as well as comprehensive
after-sales services.
Our businesses in mainland China
include upstream, midstream and
downstream gas projects, ranging from
gas exploration and transportation
to city-gas projects, and we have also
diversified into telecommunications,
building services, water supply and
wastewater treatment, among others.
We have also seen an increasing shift
into the new and non-conventional
energies in recent years, with pioneering
projects such as the utilisation of
landfill gas and coalbed methane as
well as the research, exploration and
implementation of clean coal-based
energy initiatives. Looking forward, we
are looking into ever newer and more
diverse ways to produce clean energy.
The Hong Kong Gas Business
Mainland Businesses
New Energy Businesses
2011 Business Performance Highlights