CR Gas Unveils 2025 ESG Report Highlighting HK$97.73 Billion Revenue, Net-Zero Roadmap and 40.18 Billion m³ Gas Sales

Bulletin Express
04/30

China Resources Gas Group Limited (CR Gas) has released its ninth standalone Environmental, Social and Governance (ESG) Report, detailing 2025 business performance, environmental targets and social initiatives.

Financial and Operational Highlights • Operating revenue reached HK$97.73 billion, while profit before tax totalled HK$6.89 billion. • Registered city-gas projects increased to 275 across 25 provinces, with annual natural gas sales of 40.18 billion m³. • Customer base expanded to 62.72 million accounts, including 2.15 million new residential users and 37,000 new industrial-commercial users in 2025. • Pipeline network length rose to 332,000 km; 91 existing gas refuelling stations completed new-energy upgrades.

Governance and Compliance • Revised key governance documents, clarified board authority and deepened “2.5-tier” legal & compliance matrix control. • Supplier due-diligence aligned 100 % of new suppliers with ESG standards; supplier satisfaction reached 99.36 %. • No anti-monopoly penalties or customer privacy breaches were recorded during the reporting period.

Safety Management • Investment in production safety amounted to HK$1.14 billion; 8,014 emergency drills were conducted. • Zero work-related fatalities and zero accountable production-safety accidents were recorded; lost-time injury frequency rate remained at zero. • Licensed safety management staff totalled 5,274; ISO 45001 certification coverage reached 57.10 % of subsidiaries.

Environmental Performance and Targets • Environmental protection spending totalled HK$58.16 million. • Total Scope 1 & 2 greenhouse-gas emissions: 126,856.73 tCO₂e; Scope 3: 29.93 million tCO₂e. • Overall energy consumption stood at 4.28 million tonnes of standard coal equivalent, down 35.59 % per HK$10,000 revenue versus 2020. • Water consumption was 785,382 t; hazardous and non-hazardous waste amounted to 7.28 t and 128.70 t respectively. • Long-term targets: peak operational emissions by 2030 and achieve net-zero emissions by 2050; methane emission intensity to fall 50 % from 2024 levels by 2050.

Clean-Energy Expansion • Integrated-energy portfolio reached 1,537 projects with 3.56 GW installed, including 569 industrial heating projects (2.35 GW), 407 zero-carbon park projects (621 MW) and 561 transport-charging projects (564 MW). • Annual charging electricity sales neared 369 million kWh, cutting an estimated 1.09 million t of CO₂ from road transport.

Human Capital • Workforce numbered 55,928; labour-contract coverage and social-insurance coverage stood at 100 %. • Training coverage reached 100 % with 994,959 total training hours and average 17.8 hours per employee; per-capita training spend was HK$558.70. • Employee turnover remained low at 2.18 %.

Community and Rural Programmes • Conducted “Gas to the Countryside” conversions for 12,943 households in 2025, bringing cumulative bottled-to-piped conversions to 30,169 households. • Volunteer participation totalled 64,433 person-times with 188,620 service hours; external donations amounted to HK$2.46 million.

CR Gas stated that its Board approved the ESG report on 27 March 2026, affirming ongoing governance oversight and commitment to transparent disclosure.

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