2024 Sustainability Report

Together for Sustainability,

Powering Tomorrow

Our 2024 Sustainability Report focuses on topics that have a material impact on people, the environment and the economy. View our reporting suite for more information.

2024 Performance Highlights

Sustainability Report (PDF)

Annual Report

How we’re addressing climate change

Climate change is one of the most important matters affecting the energy sector. CLP’s Climate Vision 2050 sets out the blueprint for the Group’s transition to net-zero greenhouse gas emissions up to mid-century.

View CLP’s Climate Vision 2050: Powering an orderly transition

Chairman & CEO's message

“The global transition to a net-zero future offers unparalleled potential for innovation and growth. CLP is resolute in our dedication to seizing these opportunities, ensuring that our investments produce long-term value for stakeholders.”

Our Purpose

CLP’s commitment to building a sustainable business remains the bedrock of our purpose to Power Brighter Tomorrows. CLP leverages new and emerging technologies to aid the progressive decarbonisation of our portfolio, empower our customers to make better energy choices, enhance the performance of our operations, and evolve and grow our business during the ongoing energy transition. We have also taken steps to increase transparency in the way we report our business, providing stakeholders with greater insight into our strategies and objectives.

Our Sustainability Agenda

Respecting Nature

Serving our Stakeholders

The Materiality Matrix

ESG Data Hub

CLP publishes its ESG data through an online ESG Data Hub, which features interactive charts designed for an optimal user experience. This year, for the first time, the data is also available in a dedicated ESG Databook. The ESG Databook offers stakeholders a detailed quantitative summary of the Group’s 2024 non-financial performance, while also allowing for in-depth analysis through access to individual data points.

View all data Download ESG Databook

CLP’s new head office relocation to Kai Tak showcases sustainable building features to its customers

On 10 December 2024, CLP reached a new milestone in its history with the opening of its new head office in Kai Tak. The state-of-the-art building, custom-built for CLP, symbolises the firm's unwavering confidence in Hong Kong's future and its commitment to fostering sustainable practices.

Innovation Carnival 2024: Inspire and empower through innovation

The Innovation Carnival 2024, aligned with CLP’s three-pillar strategies, ran from April to November, fostering collaboration and innovation in the utilities sector across the CLP Group. Roadshows at various CLP locations, reflecting our commitment to community involvement and reinforcing CLP’s leadership in sustainable innovation.

Web-CaseStudy-Image-2024

A$1.5 million contributed to local non-profit initiatives by EnergyAustralia since 2016

Since 2016, EnergyAustralia has invested approximately A$1.5 million in grassroots programmes through its Community Grants programme. These contributions have supported local organisations working to make a tangible difference in education, sustainability and building resilient communities in the areas around EnergyAustralia's operations.

Partnering with Morwell Neighbourhood House_LR

A partnership with Morwell Neighbourhood House that is tackling food insecurity in the Latrobe Valley

Morwell Neighbourhood House has been a partner in EnergyAustralia’s Workplace Giving programme since 2021. Employees donations are matched by the business and go towards funding ‘The People’s Kitchen’, an initiative that engages businesses and volunteers from the local community in producing healthy pre-cooked meals for people facing food insecurity.

Connecting the elderly with society as a celebration of the 30^thanniversary of the CLP Volunteer Team

The year 2024 marked the 30^th anniversary of the CLP Volunteer Team and the 10^th anniversary of the CLP Sharing the Festive Joy programme. The CLP Volunteer Team was founded in 1994 by a group of frontline employees who volunteered their power expertise to carry out rewiring services for vulnerable elderly people. It has since grown to more than 1,800 members, including retirees and employees' family members and friends, and become one of the largest corporate volunteer teams in Hong Kong.

CLP’s new head office relocation to Kai Tak showcases sustainable building features to its customers

On 10 December 2024, CLP reached a new milestone in its history with the opening of its new head office in Kai Tak. The state-of-the-art building, custom-built for CLP, symbolises the firm's unwavering confidence in Hong Kong's future and its commitment to fostering sustainable practices.

Innovation Carnival 2024: Inspire and empower through innovation

The Innovation Carnival 2024, aligned with CLP’s three-pillar strategies, ran from April to November, fostering collaboration and innovation in the utilities sector across the CLP Group. Roadshows at various CLP locations, reflecting our commitment to community involvement and reinforcing CLP’s leadership in sustainable innovation.

Web-CaseStudy-Image-2024

A$1.5 million contributed to local non-profit initiatives by EnergyAustralia since 2016

Since 2016, EnergyAustralia has invested approximately A$1.5 million in grassroots programmes through its Community Grants programme. These contributions have supported local organisations working to make a tangible difference in education, sustainability and building resilient communities in the areas around EnergyAustralia's operations.

Partnering with Morwell Neighbourhood House_LR

A partnership with Morwell Neighbourhood House that is tackling food insecurity in the Latrobe Valley

Morwell Neighbourhood House has been a partner in EnergyAustralia’s Workplace Giving programme since 2021. Employees donations are matched by the business and go towards funding ‘The People’s Kitchen’, an initiative that engages businesses and volunteers from the local community in producing healthy pre-cooked meals for people facing food insecurity.

Connecting the elderly with society as a celebration of the 30^thanniversary of the CLP Volunteer Team

The year 2024 marked the 30^th anniversary of the CLP Volunteer Team and the 10^th anniversary of the CLP Sharing the Festive Joy programme. The CLP Volunteer Team was founded in 1994 by a group of frontline employees who volunteered their power expertise to carry out rewiring services for vulnerable elderly people. It has since grown to more than 1,800 members, including retirees and employees' family members and friends, and become one of the largest corporate volunteer teams in Hong Kong.

Additional ESG documentation and reporting

ESG Data Hub

Assurance and reporting

Climate action and reporting

Content indices

Other operational reporting

ESG Ratings and AwardsView all

Ratings

Awards

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