8 • Sustainability Report 2012
The Hong Kong and China Gas Company Limited
(Towngas) was founded in 1862 to provide lighting
for the streets of Hong Kong. Going strong more
than 150 years later, Towngas has grown and
expanded into a major supplier of energy, not
only in Hong Kong but also in mainland China.
Highlighting this leadership not only in the region
but also on the international stage, we were named
as a Top 500 company by the prestigious Financial
Times for the first time during the year. We were
also the only Asian company to be included in the
“Gas, Water & Multi-utilities” sector.
Commencing life as a small company with an
initial capital of just £35,000, our operations now
include more than 150 projects with a market
value of well over HK$190 billion. With over 39,100
employees, we currently provide both piped gas
as well as other utility services to over 16 million
customers, which translate into services to more
than 50 million people in the greater China region.
Today, we are not only one of the largest supplier
of piped city-gas in mainland China, we are also an
acknowledged player in the field of new, clean and
alternative energy.
Business
Overview
• Hong Kong Gas Business
• Mainland Utilities Businesses
• New Energy Businesses
• 2012 Business Performance Highlights
