SGS Attends The Hong Kong and China Gas Company Limited Supply Chain ESG Promotion and Carbon Verification Conference

Our experts recently attended The Hong Kong and China Gas Company Limited (Towngas) Supply Chain ESG Promotion and Carbon Verification Conference, which brought together representatives from Towngas group and 47 of Towngas’s major suppliers.

Attendees at the conference praised our S-Carbon comprehensive digital management platform for carbon emissions management. In 2023, Towngas successfully onboarded 31 major suppliers for their gas businesses on the Chinese Mainland, accounting for more than 62% of Towngas Group ’s mainland gas businesses procurement expenditure onto S-Carbon. This enabled these suppliers to digitize their calculations, manage their corporate carbon emissions data and streamline their overall supply chain reporting processes. Towngas plans to increase the percentage of suppliers for their gas businesses on the Chinese Mainland using S-Carbon to over 80% in 2024, and ultimately, to achieve full implementation across its supply chain.

Ms. Miranda Kwan, Director of Business Assurance at SGS, pointed out that Towngas became the first public utility in Asia to implement S-Carbon for supply chain management in 2022, when the company began a trial run. As a leading energy supplier in the energy industry of Chinese mainland and beyond , Towngas not only focuses on its own carbon emissions but also pays attention to the greenhouse gas emissions of its suppliers. By actively establishing consensus with suppliers to reduce carbon emissions and using the S-Carbon platform to collect standardized data, Towngas enhances the implementation of carbon management, resolves data discrepancies and helps suppliers overcome challenges in reporting greenhouse gas emissions (Scope 3). 

About the conference

This conference demonstrated Towngas’s commitment to fulfilling its agreement with suppliers to promote supplier participation, understanding, and reporting of their greenhouse gas emissions data, and to jointly striving to reduce greenhouse gas emissions.

At the conference, Mr Felix Lee, Head of Corporate Supplies and Administration of Towngas, emphasized the strategic significance of supply chain ESG improvement for the company. He expressed a desire to collaborate with suppliers to promote low-carbon transformation, build a green supply chain and move towards the 3060 target.

Mr. Jasper Chan and Ms. Cindy Tsang from Towngas Corporate ESG Department introduced the corporate ESG strategy and facilitated the discussion of climate change transition risks for their supply chain via an interactive and practical training workshop. Ms. Li Bin, Vice President of Purchasing and Logistics from Hong Kong and China Gas Investment Limited outlined a three-year plan to establish a mature and comprehensive carbon emissions monitoring, reporting, and verification system.