Hong Kong Businesses
As we celebrated our 160th anniversary in 2022, we overcame the challenges of the difficult business environment. We not only provided customers with new ways to conserve energy and reduce their carbon emissions, but also extended a helping hand to those affected by the epidemic with programmes that provide relief to struggling restaurants, food processing plants, hotels and hospitals.
Mainland Businesses
Despite the challenging operating environment, our utility businesses on the Chinese mainland maintained steady growth in 2022. Beyond our traditional business of gas supply, we also became increasingly focused on the provision of integrated energy solutions, in line with our strategy of decarbonisation and digitalisation that contributes to the country’s low-carbon transformation.
Diversified Businesses
Our investments in sustainable energy and innovative green solutions made satisfactory progress during the year. The Group’s diversified businesses achieved solid performance and continued to offer manufacturing and engineering services, not only to support our core businesses but also to generate additional returns for external clients.
Environmental, Social and Governance
ESG (Environmental, Social and Governance) is at the heart of everything we plan and do at Towngas and is embedded into our daily operations and businesses in Hong Kong and the Chinese mainland. In 2022, we continued to provide innovative solutions that contribute to a greener future and long-term value, while carrying out our tradition of caring for the community through our socially responsible programmes.