The evolving landscape of sustainability-related disclosures and compliance continues to drive companies around the world to embrace greater transparency and proactively manage sustainability-related risks, opportunities and impacts. This empowers business leaders to strengthen their sustainability commitments, build resilience and create long-term value for both their businesses and society. Amid these dynamics, CLP remains committed to delivering sustainable power and enhancing transparency through focused, material sustainability disclosures that meet the evolving expectations of stakeholders and regulators alike.
Aligning with Global and Local Sustainability Disclosure Standards
In response to the fast-evolving sustainability-related disclosure landscape, CLP has prepared its annual reporting suite in accordance with Hong Kong Financial Reporting Standard (HKFRS) S1 General Requirements for Disclosure of Sustainability-related Financial Information and in compliance with HKFRS S2 Climate-related Disclosures as issued by the Hong Kong Institute of Certified Public Accountants. These Hong Kong standards align fully with the International Sustainability Standards Board (ISSB)’s IFRS Sustainability Disclosure Standards. As an impact-focused disclosure, this Sustainability Report has been prepared with reference to the Global Reporting Initiative (GRI) Standards to ensure maximum transparency for stakeholders regarding our impacts. CLP has also responded to a growing focus on the importance of nature conservation by dedicating a report chapter to nature-related topics, in alignment with the Task Force on Nature-related Financial Disclosures (TNFD) recommendations.
Navigating this Sustainability Report
We recognise that investors and stakeholders seek not only clarity on what topics are considered material but also transparency around how these determinations are made. To support this, we have introduced a dedicated materiality assessment report, which details the methodology, data sources, stakeholder groups engaged, and how their feedback shaped our priorities. At CLP, we continue to apply a double materiality approach within a structured three-year framework. In 2025, we implemented Year 2 of this cycle, building on insights gathered from extensive external stakeholder interviews. Financially material topics—those that could reasonably impact the Company’s future prospects—are addressed in our Annual Report. Meanwhile, impact material topics, which relate to our positive and negative effects on people, the environment, and the economy, are covered comprehensively in this Sustainability Report.
To enable the sustainability report to stay focused, the management approach sections have been moved to the online sustainability report website. The key sustainability achievements and performance for 2025 remain accessible in the downloadable version.
In addition, CLP has disclosed its ESG data in a standalone ESG Databook for the purpose of providing CLP’s stakeholders with a quantitative overview of the Group’s 2025 non-financial performance while allowing quantitative analysis with availability of all key data points. On top of this, we have also published an online ESG Data Hub which houses the interactive charts for optimal user experience.
This report aims to provide insightful and informative perspectives, and to offer a balanced view of CLPʼs sustainability efforts. Feedback on the report is welcome and can be shared through CLP’s online survey form.
