2 • Sustainability Report 2012
2012 was a landmark year for the Towngas group.
On 3 June 2012, we celebrated our 150th birthday,
and during the year, we were listed as one of the
world’s top 500 companies by the prestigious
Financial Times. With over 150 years of history
behind us and as our business continues to grow
and prosper, this proves that Towngas is here to
stay!
No business can be sustainable without an
ongoing commitment and responsibility towards
our planet and environment, or the communities
that we live, work and serve in. This Sustainability
Report thus covers our e!orts to preserve,
protect and improve our environment whilst also
showing that we will build ongoing respect, trust
and partnership with our stakeholders and our
communities.
In our environmental activities, we are helped by
the fact that gas is a much cleaner form of energy
than other energy alternatives. In fact natural gas,
which forms the basis of 55% of our activities in
Hong Kong and almost all of our city-gas
businesses in mainland China, is the cleanest fossil
fuel available today. Together with our eco and new
energy initiatives, which ranges from our landfill
gas utilisation to our coalbed methane as well as
our clean coal activities, we are increasingly being
recognised as a significant player in the world of
green energy.
Walking this talk, this green mindset forms an
intrinsic part of our operations. We strive to lower
the carbon emission in production process to
improve the air quality. Our mainland Carbon
Reduction Competition provides an example –
under this initiative which is now in its third year,
around 26,000 tonnes of carbon emissions are
Managing
Director’s Message