ESG Ratings & Awards

It is one of CLP’s priorities to create positive sustainability impact through our energy business. Over the years, our environmental, social and governance (ESG) progress has been well recognised in Hong Kong and across the Asia-Pacific region, and we have received numerous awards for our sustainability achievements.

ESG Ratings

Our latest ESG ratings as of 31 December 2022 are listed below. 

 

CDP 2022

CDP 2022
Climate Change score: A- 
Water score: B 

CDP runs a global disclosure system for companies, cities, states and regions to measure and manage their environmental impacts. CLP has provided data for CDP – Climate Change scoring since its launch in 2002, and currently discloses on the CDP Climate Change and Water Security disclosure initiatives.

Dow Jones Sustainability Asia Pacific Index  2022

Dow Jones Sustainability Asia Pacific Index  2022
Company score: 75/100

The Dow Jones Sustainability Index (DJSI) is a globally recognised index which includes companies from a wide spectrum of industries. Inclusion in DJSI is based on a company’s score in the Corporate Sustainability Assessment. CLP has been a constituent of the Dow Jones Sustainability Asia Pacific Index (DJSI Asia Pacific) and Dow Jones Sustainability Asia Pacific 40 Index (DJSI Asia Pacific 40) since the launch of both indices in 2009.  

FTSE4Good 2022

FTSE4Good 2022: 4.1/5

The FTSE4Good Index Series is designed to measure the performance of companies demonstrating strong Environmental, Social and Governance (ESG) practices. CLP has been included in the FTSE4Good Index since June 2018.

Hang Seng Corporate Sustainability Index 2022-2023

Hang Seng Corporate Sustainability Index 2022-2023: AA+

The Hang Seng Corporate Sustainability Index helps the market better understand CLP's sustainability performance relative to other Hong Kong and Mainland Chinese companies listed on the Stock Exchange of Hong Kong. CLP has been listed on the Hang Seng Corporate Sustainability Index and Hang Seng (Mainland and HK) Corporate Sustainability Index since their inception in 2010. Also, a Hang Seng ESG 50 Index was launched in 2020 to reflect the performance of top 50 ESG leaders with relatively high market-capitalisation listed in Hong Kong, with CLP as one of the constituents.

MSCI ESG Ratings

MSCI ESG Ratings 2022: A

The MSCI ESG Ratings measure a company’s resilience to long-term, industry material environmental, social and governance (ESG) risks based on the company’s ESG risk exposure and risk management relative to peers.

Sustainalytics Company ESG Risk Ratings 2022

Sustainalytics Company ESG Risk Ratings 2022: 27.4, Medium Risk (on a scale of severity 0-40+) (as of 14 October 2022)

Launched in 2020, Sustainalytics’ ESG Risk Ratings aim to help companies and investors identify ESG issues that pose potential financial risks. They measure the degree to which ESG issues are putting a company’s entire value at risk. The lower a company’s rating, the lower their overall risk of experiencing material financial impact due to ESG factors. 

While CLP’s management of ESG material risks was considered as strong, due to the industry’s risk exposure being indicated as high, CLP’s overall risk rating was assessed as "medium". This rating aligns with the majority of global electric utilities which are identified as having medium to higher risk ratings.

Credit Ratings

Learn more about our credit ratings.

ESG Awards & Recognitions

In addition to our solid ESG ratings, CLP has also received numerous awards over the years for its sustainability performance and reporting.

 

Australasian Reporting Awards

Australasian Reporting Awards 2022

  • General Award – Gold Award
  • Sustainability Reporting Award – Gold Award
  • Special Award for Online Reporting – Private Sector

CLP’s 2021 Annual Report and Sustainability Report received two Gold Awards in the 2022 ARA General Award and Sustainability Reporting Award categories, along with the Special Award for Online Reporting in the private sector. It is the fourth consecutive year for CLP to receive Gold Awards in both categories.

BDO ESG Awards 2022

BDO ESG Awards 2022 

  • ESG Report of the Year
  • Best in ESG
  • Best in Reporting
  • Theme Award (Carbon Neutrality)

The BDO ESG Awards recognises outstanding Hong Kong-listed companies that have made positive environmental, social and governance (ESG) impacts. CLP has won the ESG Report of the Year, Best in ESG, and Best in Reporting awards in the Large Market Capitalisation category for the third consecutive time. In 2022, the company was also honoured with the Theme Award, which commends the top company demonstrating efforts in achieving carbon neutrality.

Hong Kong Institute of Certified Public Accountants  Best Corporate Governance and ESG Awards 2022

Hong Kong Institute of Certified Public Accountants  Best Corporate Governance and ESG Awards 2022

  • Platinum Award in the Most Sustainable Companies/ Organizations Awards -  Hang Seng Index category 

The Hong Kong Institute of Certified Public Accountants’ Best Corporate Governance and ESG Awards evaluates the sustainability of Hong Kong-listed companies and public sector organisations based on their corporate governance policies, as well as ESG practices and disclosures. In the Most Sustainable Companies/ Organizations Awards, CLP won the Platinum Award in the Hang Seng Index category for the second consecutive year.

The Hong Kong Management Association Best Annual Reports Awards

The Hong Kong Management Association
Best Annual Reports Awards 2022

  • Best Environmental, Social and Governance Reporting Award (Public Utility)    

The Hong Kong Management Association’s Best Annual Reports Awards encourage the publication of timely, accurate, informative and well-presented annual reports for stakeholders. In 2022, CLP won the new Best Environmental, Social and Governance Reporting Award (Public Utility), formerly known as the Sustainability Reporting Award. The company has been named a winner since the award was introduced in 2012.

Hong Kong Sustainability Award 2022

The Hong Kong Management Association
Hong Kong Sustainability Award 2022

  • Hong Kong Sustainability Award (Distinction Award)

The Hong Kong Management Association’s Hong Kong Sustainability Award recognises organisations that have demonstrated due consideration to the economic, social and environmental aspects of sustainability, while achieving good business and organisational performance. CLP was a fourth-time winner of the Hong Kong Sustainability Award in the large-sized organisations category.  

The Hong Kong SAR Government’s Community Investment and Inclusion Fund Committee Social Capital Builder Awards 2022

The Hong Kong SAR Government’s Community Investment and Inclusion Fund Committee
Social Capital Builder Awards 2022

  • Social Capital and Sustainability Grand Award

In collaboration with the Hong Kong Quality Assurance Agency, the Hong Kong SAR Government’s Community Investment and Inclusion Fund (CIIF) Committee evaluates Hong Kong-listed companies on a range of social capital attributes including brand trust and stakeholder relationships, which are regarded as key resources for promoting sustainable social development. At the CIIF’s Social Capital Builder Awards, CLP won the Social Capital and Sustainability Grand Award.

Sustainability Reports

Learn more about our sustainability performance. 

CLP at a Glance

Get an overview of our overall awards and recognitions.