Shaping our future impacts, today

Our 2023 Sustainability Report focuses on topics that have a material impact on people, the environment, and the economy. View our reporting suite for more information.

2023 Performance Highlights

Chairman & CEO's message

“In 2023, the world’s first post-pandemic year, we saw a global recovery amid economic and geopolitical uncertainties. In this environment, it is important to keep in mind some of the lessons we learned from the COVID-19 years – namely, the importance of building resilience, and of being ready to turn challenges into opportunities that will create lasting, positive impacts.”

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Our Purpose

CLP’s commitment to build a sustainable business remained 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 in making better energy choices, enhance performance of our operations, and to evolve and grow our business in the ongoing energy transition. We also took steps to increase transparency in the way we report our business, providing stakeholders with greater insight into our strategies and objectives.

Nature - biodiversity 3

Fishery- and agriculture-solar complementation projects in Mainland China

Fishery and solar complementation projects involve building solar generators on the surface of ponds, thus combining space for fish farming and solar power generation. The photovoltaic modules help to reduce the water surface temperature to a certain extent, preventing loss of aquaculture due to high water temperatures and improving the growth and feeding of fish. Traditional aquaculture only obtains aquaculture products and delivers a single source of income. Fishery and solar complementation projects utilise available resources more efficiently and can increase farmers’ income.

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Improving Hong Kong’s Air Quality and Supporting its Long-term Decarbonisation Target through the Hong Kong Offshore Liquefied Natural Gas (LNG) Terminal Project

The Hong Kong Offshore Liquefied Natural Gas (LNG) Terminal Project commenced operation in July 2023. The project is enhancing Hong Kong’s fuel supply stability by adding new supply sources for natural gas, while also reducing power generation emissions and facilitating the city’s energy transition to carbon neutrality by 2050.

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Jhajjar introduces Waste Recovery Programmes according to Circular Economy Principles

Jhajjar Power Station strives to achieve ‘Zero Waste to Landfill’ by adopting circular economy principles and implementing various reuse and recycling initiatives to minimise waste.

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Reducing water consumption through the Castle Peak Power Station (CPPS)’s Process Water Treatment Project

Power generation involves the use of large volumes of water, so improving water management is a key way to reduce water consumption. A project to enhance the existing process water management facilities at CPPS was begun in 2020 and completed in 2023.

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AutoGrid enables CLP’s Demand Response programme to set a global industry standard

CLP’s Group Ventures & Research team continues to play a unique role and make key strategic venture investments to derive tangible strategic value for CLP. CLP’s venture investments have helped CLP to achieve different milestones.

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Helping Link Asset Management Limited (Link) achieve its 2035 Net Zero Pathway goals

CLP Power and CLPe have signed a Memorandum of Understanding (MoU) with Link Asset Management Limited to improve the energy efficiency of Link’s premises and raise ESG awareness among its tenants.

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Teaming up with Chinachem Group to push towards carbon neutrality

CLP Power signed a new MoU with Chinachem Group (Chinachem) in November 2023 to support Chinachem’s pursuit of carbon neutrality.

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Crisis management in action during extreme weather events

In early September 2023, CLP implemented multiple measures to maintain a reliable power supply and mitigate the impact of Super Typhoon Saola, when typhoon signals of No.8 and above were hoisted for 38 hours.

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On November 29, 2023, the 7th (2023) WELLNESS EMPLOYER® Award, jointly organised by the China Human Resources Management Research Association, the World Sustainable Development Leadership Organisation and CIIC, was announced in Beijing. CLP China won the WELLNESS EMPLOYER® Award for its CLP China Employee Health and Wellbeing Programme.

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Governor of Shandong Province Mr Zhou Naixiang (left) with CLP Chief Executive Officer Mr T.K. Chiang

Promoting joint efforts to develop the Greater Bay Area and achieve carbon peaking and carbon neutrality goals

With more than 40 years of business development in Mainland China, CLP is playing a vital role in supporting the national “3060” dual carbon goal (i.e. achieving carbon peaking by 2030 and carbon neutrality by 2060). To this end, CLP is actively promoting different forms of partnership in the public and private sectors in the Greater Bay Area and Mainland China, driving collective momentum in energy transition and climate actions.

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Powering Hong Kong's growth and prosperity through a new five-year Development Plan

As Hong Kong’s largest power company with a legacy stretching over 120 years, CLP has always been committed to supporting the city's long-term development and prosperity.

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EnergyAustralia’s workplace giving programme passes A$2 million in donations

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A new cultural hub to promote heritage, culture and green education

CLP Pulse is housed in the Grade 1-listed CLP clock tower building built in 1940. Formerly CLP’s Head Office, the building has been transformed into a museum that showcases the intertwined histories of Hong Kong’s electricity development and the Kadoorie Family. It also promotes decarbonisation and sustainable development through experiential activities.

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The Sharing for Festive Joy

Connecting the elderly with society

CLP Power has launched a series of social events and digital lessons in Hong Kong to help elderly people stay socially connected.

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nurturing next generation

Providing opportunities for young people and nurturing future generations

In the face of the challenges encountered by fresh graduates and career starters, CLP Power is dedicated to addressing the working needs of local youth and providing support in collaboration with various partners to boost opportunities for youngsters.

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Enabling Growth and Engagement through Continued Community Support

As part of its commitment to community stewardship, CLP Power has rolled out a range of targeted initiatives to address the needs of different communities in Hong Kong.

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Low-Carbon Invention Competition sparks students’ creativity for decarbonisation solutions

Nurturing the younger generation and supporting environmental education have always been part of CLP’s commitment to the community.

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How we’re addressing climate change

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



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