Reporting frameworks
and content indices

CLP recognises the diversity of methodologies used globally to measure the sustainability performance of organisations. This report references several reporting guidelines and frameworks to ensure comparability—an approach aligned with international best practices.

Value Reporting Foundation and International Sustainability Standards Board
  • The establishment of the Value Reporting Foundation (VRF), arising from the merger of the International Integrated Reporting Council (IIRC) and the Sustainability Accounting Standards Board (SASB) in June 2021, and its consolidation with the International Sustainability Standards Board (ISSB) and the Climate Disclosure Standard Board (CDSB) announced in November 2021, marked key progress towards simplification of the reporting landscape.
  • VRF continues to develop disclosure requirements. For its 2021 Annual and Sustainability Reports, CLP has referenced the suite of tools currently available, namely the Integrated Thinking Principles, the Integrated Reporting Framework, and the SASB Standards for Electric Utilities & Power Generators.
Download the SASB Content Index for Electric Utilities & Power Generators
The Stock Exchange of Hong Kong's Environmental, Social and Governance (ESG) Reporting Guide
  • Companies listed on the Hong Kong Stock Exchange (HKEx) are required to meet the ESG Reporting Guide disclosure obligations from financial years commencing on or after 1 July 2020. The Guide was updated in 2019 after extensive consultation conducted by HKEx.
  • CLP’s Annual and Sustainability Reports have adopted the new disclosure obligations since the 2019 reporting cycle. In particular, the materiality assessment process, as outlined under the mandatory disclosure requirements, has been applied to prioritise CLP's response to the "comply or explain" provisions of the Environmental and Social Aspects of the ESG Reporting Guide.
Download the HKEx ESG Reporting Guide Content Index
Task Force on Climate-related Financial Disclosures (TCFD)
Download CLP’s 2021 Climate-related Disclosures Report
Greenhouse Gas Emissions
  • CLP's greenhouse gas (GHG) emissions are reported with reference to: the World Resources Institute (WRI) / WBCSD GHG Protocol; the Intergovernmental Panel on Climate Change Guidelines for National Greenhouse Gas Inventories (2006); the International Standard for GHG Emissions ISO 14064; and relevant local statutory guidelines where applicable.
  • To facilitate implementation, in 2007 CLP developed the first version of the Group-wide GHG reporting guideline which referenced the guidelines above. This reporting guideline is reviewed in accordance with CLP's practice at least every three years. In 2019, CLP enhanced its GHG disclosure to also include Scope 3 emissions.

Global Reporting Initiative (GRI)
  • The GRI is an international independent organisation which provides widely used standards for sustainability reporting. CLP’s reports have reported with reference to the GRI Reporting Framework since 2007.
  • This report has been prepared in accordance with the GRI Universal Standards 2021. It also reports on the GRI G4 Electric Utilities Sector Disclosures, covering key aspects of sustainability performance which are meaningful and relevant to the electric utility sector.
Download the GRI Content Index
Financial data

All financial data in this report is consistent with the figures published in the audited financial statements of CLP's 2021 Annual Report. These financial statements were prepared in accordance with the Hong Kong Financial Reporting Standards (HKFRS) issued by the Hong Kong Institute of Certified Public Accountants (HKICPA) and the requirements of the Hong Kong Companies Ordinance (Cap.622).

We use cookies for the purpose of enhancing your user experience and helping us better understand how the site is used. By continuing to visit this site, you agree to our Use of Cookies.

Back to top