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 are listed below. 

 

CDP 2020 

CDP 2020 
Climate Change score: B 
Water score: B- 

CDP, formerly known as the Carbon Disclosure Project, 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 2020 

Dow Jones Sustainability Asia Pacific Index 2020 
Company score: 77/100

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 2020

FTSE4Good 2020: 3.6/5

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 2020-2021

Hang Seng Corporate Sustainability Index 2020-2021: 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 Leaders Indexes 2020

MSCI ESG Leaders Indexes 2020: AA 

The MSCI ESG Leaders Indexes (previously MSCI Global Sustainability Indexes) target companies that have the highest ESG rated performance in each sector of the parent index. CLP has qualified as a constituent of the index since 2015. 

Sustainalytics Company ESG Risk Ratings 2020

Sustainalytics Company ESG Risk Ratings 2020: 29.9, Medium Risk (on a scale of severity 0 - 40+)*

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.

*Updated on: 15 February 2021

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 2020
•     Sustainability Report of the Year 
•     Gold Award for Sustainability Reporting 

CLP’s 2019 Sustainability Report received the much coveted 2020 ARA Sustainability Report of the Year Award. It also won a Gold Award for Sustainability Reporting for the second consecutive year since this award was introduced in 2019.

BDO ESG Awards 2021

BDO ESG Awards 2021 

•     ESG Report of the Year
•     Best in ESG
•     Best in Reporting

The BDO ESG Awards recognises outstanding listed companies in Hong Kong who have made a positive impact in the areas of Environmental, Social and Governance (ESG) – those who implement outstanding sustainability initiatives. CLP won the ESG Report of the Year, Best in ESG and Best in Reporting awards in the Large Market Capitalisation category of the BDO ESG Awards 2021.

Hong Kong Institute of Certified Public Accountants  Best Corporate Governance Awards 2020

Hong Kong Institute of Certified Public Accountants Best Corporate Governance Awards 2020 
•     Sustainability and Social Responsibility
       Reporting Award 

For the tenth successive year, CLP received a Sustainability and Social Responsibility Reporting Award in the Best Corporate Governance Awards presented by the Hong Kong Institute of Certified Public Accountants.

The Hong Kong Management Association Best Annual Reports Awards

The Hong Kong Management Association
Best Annual Reports Awards 2020
•     Sustainability Reporting Award    

The Hong Kong Management Association’s Best Annual Reports Awards encourage the publication of timely, accurate, informative and well-presented annual reports for stakeholders. CLP was bestowed with the Sustainability Reporting Award in the general category for the ninth successive year since the award was introduced in 2012.

 IR Magazine Awards – Greater China 2020

IR Magazine Awards – Greater China 2020 

  • Best ESG Materiality Reporting (Large Cap)

The IR Magazine Awards recognises the achievement of companies that produce clear investor-facing communications about ESG issues that are material to their business. CLP won the Best ESG Materiality Reporting (Large Cap) Award for the second consecutive year.

The Wall Street Journal Sustainable Management Ranking

The Wall Street Journal Sustainable Management Ranking

  •  Ranked 6th among the world's 100 most sustainably managed companies

The Wall Street Journal's Sustainable Management Ranking evaluates the leadership and governance practices of companies for their ability to create value for shareholders over the long term. More than 5,500 publicly traded businesses were assessed based on a broad range of ESG metrics. In the US newspaper’s latest ranking released in February 2021, CLP Holdings was ranked sixth globally with an overall score of 78.1.

Sustainability Reports

Learn more about our sustainability performance. 

CLP at a Glance

Get an overview of our overall awards and recognitions.