The Hong Kong & China Gas Co., Ltd.
Industry Group: Utilities
Country/Region: Hong Kong
Identifier: HKG:3
Hong Kong and China Gas Co Ltd, is the oldest public utility company in Hong Kong. The company’s core business comprises the production and distribution of town gas in Hong Kong, with a monopoly on distribution and retail. In the mainland, the company has a gas distribution business with 267 projects across 26 provinces. HKCG is also investing in water, upstream gas, and new energies. The business mix is approximately 90% gas utilities and 10% new energy. HKCG also holds a 15.8% stake in International Financial Center, a Grade A office building in the Hong Kong central business district.
ESG Risk Rating
Ranking
Industry Group (1st = lowest risk)
Utilities 120 out of 648
Universe
Global Universe 4906 out of 15103
What are the ESG Risk Ratings?
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Industry Comparison
Company | ESG Risk Rating | Industry Rank |
---|---|---|
SNAM SpA |
12.5
Low
|
14 out of 648 |
The Hong Kong & China Gas Co., Ltd. |
21
Medium
|
120 out of 648 |
Adani Total Gas Ltd. |
24.5
Medium
|
196 out of 648 |
GAIL (India) Ltd. |
28.5
Medium
|
287 out of 648 |
KunLun Energy Co. Ltd. |
30.8
High
|
339 out of 648 |
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Our Approach to Calculating ESG Risk
The ESG Risk Ratings measure a company's exposure to industry-specific material ESG risks and how well a company is managing those risks.
Exposure
Exposure refers to the extent to which a company is exposed to different material ESG issues. Our exposure score takes into consideration subindustry and company-specific factors such as its business model.
The Hong Kong & China Gas Co., Ltd.'s Exposure is Medium
Management
Management refers to how well a company is managing its relevant ESG issues. Our management score assesses the robustness of a company's ESG programs, practices and policies.
The Hong Kong & China Gas Co., Ltd.'s Management of ESG Material Risk is Strong
How do the ESG Risk Ratings work?
Top Material ESG Issues for The Hong Kong & China Gas Co., Ltd.
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What are Material ESG Issues?
Material ESG issues are issues that are considered to be financially material to a given company in a relevant sub-industry.
Controversy Rating
Highest Controversy level that has impacted The Hong Kong & China Gas Co., Ltd.'s ESG Risk Rating in the last three years
Highest Controversy Level