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CLP is committed to transparently tracking progress and fostering accountability through the establishment of sustainability-related targets. These targets reflect how we do business and create value for our communities and stakeholders, and are guided by our enduring Purpose and Core Values. At CLP, each target is determined with reference to the six key material sustainability topics.

Net-zero transition

Climate change
Target2025 performance
GHG emission intensity:
Reduce 59% to 0.26kg CO2e/kWh by 2030 (vs 2019); and
achieve net-zero GHG emissions across our value chain by 2050
0.50kg CO2e/kWh, a decrease of 21% vs 2019 baseline
Absolute Scope 3 (Category 11) GHG emissions: Reduce 28% by 2030 (vs 2019)Decreased by 35% vs 2019 baseline
Maintain its commitment to phase out coal before 2040On track
Environment
NOx emissions: Reduce 50% by 2030 (vs 2021 baseline)Decreased by 35% vs 2021 baseline
SO2 emissions: Reduce 55% by 2030 (vs 2021 baseline)Decreased by 19% vs 2021 baseline
PM emissions: Reduce 90% by 2030 (vs 2021 baseline)Decreased by 28% vs 2021 baseline
Waste products: Reduce 70% by 2030 (vs 2021 baseline)Decreased by 74% vs 2021 baseline
Freshwater consumption: Reduce 85% by 2030 (vs 2021 baseline)Decreased by 55% vs 2021 baseline

Energy growth opportunities

Energy services and solutions
Target2025 performance
Connect >2.8 million smart meters for CLP Powerʼs residential and Small and Medium Enterprises (SME) customers in Hong Kong by 2025More than 2.88 million smart meters have been connected in Hong Kong since 2018
Save 48GWh of electricity from 400 buildings through the Eco Building FundSaved around 48GWh of electricity from over 600 buildings
Conduct 600 energy saving audits for commercial and industrial customers, resulting in 48GWh in total savingsSaved around 48GWh of electricity with more than 600 energy audits completed
Achieve 60MW in demand response reduction performanceCLP Power achieved demand reductions of 249MW from residential customers and 77MW from commercial and industrial customers in Hong Kong

Digital innovation and cybersecurity

Innovation
Target2025 performance
Deploy 28 use cases of innovative technologies including AI and data products across the GroupDeployed 39 use cases of innovative technologies including AI and data products
Cybersecurity
CLP continues to invest in the latest cyberecurity technologies and talent, in order to prevent, detect and react to evolving cyber threats On track

Future-ready workforce

Inclusion and diversity
Target2025 performance
Year-on-year improvement in the percentage of leadership roles held by womenLeadership roles held by women increased from 30% to 31.6%
Year-on-year improvement in the percentage of women with Science, Technology, Engineering and Mathematics (STEM) qualificationsWomen with STEM qualifications accounts for 18.8%
Ensure equal pay for work of equal value is maintained in all CLP businessesOn track
Training and development
Dedicating more than 10% of training hours to upskilling and reskilling17.7% of training hours are dedicated to upskiling and reskilling

Operational and supply chain resilience

Governance
Target2025 performance
Maintain Board diversity with a target of >30% for female Directors representation38%
Maintain zero convicted cases of corruptionOn track
Supply chain
Over 4,000 of CLPʼs suppliers have acknowledged to abide by CLP’s Supplier Code of Conduct (SCoC) by 2026On track, over 3,800 CLP’s suppliers have acknowledged to abide by CLP’s SCoC

Community stewardship

Volunteer
Target2025 performance
16,000 volunteer hours every year21,461 volunteer hours

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