Materiality Assessment

For the first time, CLP has published a standalone Materiality Assessment Report, which provides a comprehensive explanation of the Group’s materiality assessment methodology, the stakeholder groups engaged, and how their feedback informed and shaped the Group’s material topics. Since 2021, CLP has adopted the concept of double materiality to enhance its sustainability risk management and to guide the sustainability-related disclosures across its annual suite of reports. Financially material topics—those that could reasonably affect the Company’s future prospects—are addressed in the Annual Report. Meanwhile, impact material topics, which pertain to the Company’s positive and negative effects on people, the environment, and the economy, are covered comprehensively in the Sustainability Report.