Hong Kong’s Towngas enlists HSBC, vendors in its efforts to cut supply-chain emissions

Quick Summary:

Towngas will extend advance payments to suppliers with a lower interest rate through its tie-up with HSBC, provided they can meet the company’s ESG standards.

HSBC published its net zero transition plan in January and has provided US$294.4 billion in sustainable finance and investment to its customers since 2020, according to the bank’s latest annual report.

Towngas is taking efforts to reduce its supply chain emissions.

---

More Pictures

---

Read Quick SummarySave Time

or

Article Details

Author / Journalist: Eric Jiang

Category: Business

Markets: Hong KongChina

Topics: Cent Scheme Scope Reduce Towngas Chain Kong Hong Supply Emissions Suppliers

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-26 @ 08:30:09 (2 hours ago)

News Timezone: GMT +8:00

News Source URL: scmp.com

Language: English

Article Length: 543 words

Reading Time: 4 minutes read

Sentences: 17 lines

Sentence Length: 32 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © SCMP

News ID: 21778436

View Article Analysis

About SCMP

Main Topics: Business

Official Website: scmp.com

Update Frequency: 17 posts per day

Year Established: 1903

Headquarters: Hong Kong

News Last Updated: 3 hours ago

Coverage Areas: Hong Kong

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #42

Publisher Details

Frequently Asked Questions