Sustainability Approach

CLP’s vision is to be the leading responsible energy provider in the Asia-Pacific region, from one generation to the next. In order to help us deliver on this vision, we operate under a set of corporate values and have developed frameworks, strategies and commitments that contribute to the sustainable development of communities in which we operate. 

Our Guiding Principles

CLP's Value Framework articulates the Group's vision, mission, values, commitments, policies and codes to stakeholders. It also serves as the Company’s pledge that through changing times, we will always strive for a sustainable future, and remain true to our core values of caring for people, customers, the community and the environment.

 

These principles consist of deep-rooted and enduring values that help us navigate today’s fast-changing environment in an ethical and sustainable way, ensuring CLP’s success from one generation to the next.

 

Learn more about CLP's Value Framework here.

Sustainability Governance

The CLP Board has overall responsibility for CLP’s environmental, social and governance (ESG)​ strategy and reporting. The governance of sustainability is integrated into our corporate governance structure throughout the Group. As one of the Board Committees, the Sustainability Committee has a primary role in overseeing the management of the Group’s sustainability issues and is supported by the Sustainability Executive Committee. The Audit & Risk Committee, meanwhile, retains oversight and responsibility for material risks, as well as ensures the assurance of the sustainability data is appropriate.​

Diagram of Sustainability governance structure Diagram of Sustainability governance structure

Aligning with Sustainable Development Goals (SDGs)

CLP prioritised 4 SDGs most relevant to our business CLP prioritised 4 SDGs most relevant to our business
CLP's Strategic Priorities CLP's Strategic Priorities

Learn more about our efforts on decarbonisation, digitalisation and workforce transformation.

 

Engaging for Impact

CLP believes that sound public policies are essential to the balance of social, economic and environmental needs of communities and the support for the long-term development of our society. With that in mind, we strive to empower like-minded organisations and be an active member in driving collaborative changes to mitigate and adapt to climate change. By connecting with global and local organisations via the World Business Council for Sustainable Development (WBCSD), the Energy Transitions CommissionThe Climate Group, the International Emissions Trading Association (IETA), Hong Kong’s Business Environment Council (BEC) and various business chambers to advocate climate-positive policy, we want to open a dialogue for active discussion on energy market policies and participate in government and industry consultations in our operating regions and beyond.

 

Furthermore, we support the recommendations on international practices provided by the Task Force on Climate-related Financial Disclosures (TCFD) and the commitments to initiatives made by the BEC Low Carbon Charter and EV100, in efforts to accelerate the transition to a low-carbon future and making electric transport the new normal by 2030.

 

Our support for sustainability initiatives is also provided in forms of memberships, partnerships, sponsorships, and knowledge sharing through publications, conferences, online forums, talks and visits.


Learn more about our engagement in our Sustainability Report.

Standard ESG Disclosures

CLP continually improves its operation by managing, monitoring and reporting its performance. Every year, we present an overview of a wide range of the Group-relevant ESG matters, including corporate governance, safety, the environment, climate change, operations, the community, our people, our customers and our supply chain.

 

The disclosures are selected with reference to the GRI Standards, the Stock Exchange of Hong Kong’s ESG Reporting Guide and the recommendations of the Task Force on Climate-related Financial Disclosures (TCFD). Other key performance data are also reported. 


View our standard ESG disclosures in detail here

ESG Ratings & Awards

Learn more about the ESG ratings and recognitions we have received.