Index Commentary

Hong Kong’s Index ranking increases by one place which is mostly due to a better environmental performance. Hong Kong has a very high and increasing level of energy intensity per capita but is able to outperform peer countries in mitigating its environmental impact. Hong Kong’s weak energy security is due to a very low ratio of production to total energy supply and low diversity of electricity production. However, the ranking drop was driven by a decrease in the wholesale margin on gasoline and a decrease in the 5-year energy consumption growth rate which was reduced, but slower than in other countries. Performance in social equity is mostly constant and Hong Kong maintained its strong performance across all contextual indicators and dimensions.