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.
In recognising that long-term success requires a flexible strategy capable of evolving with time and taking into consideration broadening sustainability challenges, CLP regularly reviews its strategic priorities against ESG risks and opportunities to ensure they remain fit-for-purpose.
With reference to best practice from global reporting standard setters, CLP adopts a double materiality approach which allows the Group to better reflect ESG risks and opportunities in its business strategy from both a financial and an impact perspective.
- Financially material topics, which potentially create or erode enterprise value, are covered in CLP’s Annual Report.
- Impact material topics, which reflect significant positive or negative impacts on people, the environment and the economy, are covered in CLP’s Sustainability Report.
To navigate these different topics, please use our online interactive materiality matrix.