2024 Sustainability Report / Our Sustainability Agenda / Community stewardship

Community stewardship

CLP recognises its obligations to meet evolving stakeholder expectations around the positive role businesses should play in society. This includes demonstrating leadership in its decarbonisation ambitions, investing in green energy solutions that support the electrification of society and transparently reporting on its ESG performance. Environmental stewardship extends to actively managing CLP’s dependencies and impacts on nature. Employee and supplier wellbeing is another priority. The Group recognises the importance of ensuring ethical human rights practices in its value chain, as well as of supporting employees and communities impacted by the energy transition.

CLP Power allocated over HK$200 million to support underprivileged households and promote energy conservation via the CLP Community Energy Saving Fund

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

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In 2024, CLP Power allocated over HK$200 million from the CLP Community Energy Saving Fund for a series of programmes that support underprivileged people, promote the development of renewable energy, and encourage the community to save energy and reduce carbon emissions. Approximately HK$70 million was used for programmes that provide electricity subsidies to underprivileged households including tenants of subdivided units, and improve their home electrical safety. CLP Power launched the Home Electrical Safety Enhancement for the Underprivileged Programme to arrange qualified electricians to inspect and repair the electrical installations of underprivileged families, elderly households and ethnic minorities for free to improve their home safety.

The CLP Group’s commitment to community has also been demonstrated by EnergyAustralia. Since 2016, EnergyAustralia has invested around A$1.5 million in grassroots initiatives through its Community Grants programme. These funds have helped local organisations make significant impacts through various education, sustainability and community resilience initiatives undertaken in areas near CLP's operations.

Why is this topic material to stakeholders?

Business activities which meet the expectations of stakeholders benefit customers, suppliers and local communities. By addressing education, women’s empowerment, social inclusion, diversity and energy poverty, CLP is enhancing the wellbeing of local communities and supporting socio-economic development. The Group's expertise in building resilient energy infrastructure is helping communities adapt to climate change, ensuring reliable and sustainable energy access to energy. Conversely, failing to provide a just transition for employees affected by the closure of coal-fired power plants could result in negative economic, health and social impacts for workers, their families and communities.

Community