CLP is continuously striving to manage and reduce environmental impacts in its operations. With biodiversity and ecosystems declining globally, respecting and protecting nature is critical. Companies like CLP are currently at a pivotal stage in understanding the connections between biodiversity and climate change, the nature systems that provide ecosystem services, and the impacts and financial implications that nature loss has on their operations.
Nature was also a key priority in the COP28 Presidency's Action Agenda, highlighting new opportunities for scaling up nature and climate action, including developing nature-based offset solutions such as high-quality forest carbon credits and other policy and financial enablers.
In this Section, CLP is disclosing nature-related topics in accordance with the Task Force on Nature-related Financial Disclosures (TNFD), outlinging CLP's commitments to responsible practices in biodiversity, the circular economy and environmental discharges. The TNFD framework is helping to deepen CLP’s understanding of the areas of focus and the metrics that need to be assessed in order to better manage the Group’s relationship with nature. CLP is disclosing how it assesses nature-related risks and opportunities in its governance, strategy, risk and impact management, as well as relevant metrics and targets.
