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05
         OUR ESG APPROACH

            14          ENVIRONMENTAL, SOCIAL AND GOVERNANCE REPORT 2020                                                                                                                                OUR ESG APPROACH          15
           05              OUR ESG APPROACH





            The Hong Kong and China Gas Company Limited (Towngas) is committed to putting                                          ESG Framework
            environmental, social and governance (ESG) issues at the forefront of our business as
            part of our effort to create a sustainable world. This is reflected in our Vision and Mission,
            which guide us in our evolving ESG strategy for the benefit of future generations.                                     The ESG framework we have developed takes into consideration both our positive and negative impacts on
                                                                                                                                   stakeholders. It articulates five focus areas for sustainable development: creating business opportunities;
            To articulate our ambition of creating a sustainable future, we developed an ESG                                       ensuring health and safety; protecting the environment; contributing to stakeholders; and strengthening corporate
            Framework that is aligned with our Vision, Mission, Commitment and Responsibility. This                                governance.
            framework has been endorsed by our ESG Committee.
                                                                                                                                   Our framework centres on our philosophy of “Growth = innovation x implementation”. Under this philosophy, we
                                                                                                                                   invest in innovation and creativity through research and development while also encouraging our employees to
                                                                                                                                   propose new ideas.


                                                                                                                                   We will continue to focus on these five areas in order to achieve the long-term sustainability of our business and
                                    VISION                                                                                         create shared value for our stakeholders.

                                    •  To be Asia’s leading clean energy supplier and quality service provider, with a
                                       focus on innovation and environmental friendliness.




                                                                                                                                                            Creating Business           Ensuring Health
                                    MISSION                                                                                                                 Opportunities               and Safety

                                    •  To provide our customers with a safe, reliable supply of energy and the caring,                                      Diversify our               Manage our operations
                                       competent and efficient service they expect, while working to preserve, protect                                      portfolio for business      safely and responsibly and
                                                                                                                                                            development
                                                                                                                                                                                        provide a safe and healthy
                                       and improve our environment.                                                                                         growth and deliver          environment for our
                                                                                                                                                            sustainable economic        employees and workers
                                                                                                                                                            performance



                                    COMMITMENT

                                    •  To conduct ourselves in an ethical and transparent manner so that all
                                       stakeholders know we are accountable to them for the decisions and actions                            Strengthening                                           Protecting the
                                                                                                                                             Corporate
                                                                                                                                                                                                     Environment
                                       we take to become a sustainable business.                                                             Governance
                                                                                                                                                                                                     Reduce our
                                                                                                                                             Uphold strong                                           environmental footprint
                                                                                                                                             corporate governance                                    and combat climate
                                                                                                                                             standards and operate                                   change
                                    RESPONSIBILITY                                                                                           ethically

                                    •  To recognise the importance of our employees and their contributions to the                                                         Contributing to
                                       success of our business, and our responsibility to keep them safe, informed,                                                         Stakeholders
                                       engaged and equipped to undertake our mission.
                                                                                                                                                                         Create value for all of
                                                                                                                                                                          our stakeholders and
                                                                                                                                                                          the communities in
                                                                                                                                                                           which we operate
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