Our value chain
Our core business is to provide electricity to customers reliably at a competitive price, with the least impact on the environment and delivering positive impacts to the communities we operate in. We procure, operate, sell and engage responsibly throughout our value chain so that we can be a sustainable business.
As a Group, our products span the entire value chain, from power generation to transmission and local distribution, to gas and electricity retail services, supported by smart energy services. Locally, we play different roles across the electricity value chain in different geographies, depending on the local constraints and market characteristics.
Much of our business outside Hong Kong lies in the production of electricity, and all of our business units own sizable generation assets. We build, operate and own assets for the long term and therefore must protect their value over the same period so that we can be operationally sustainable. Our generation fleet has a balanced portfolio consisting of coal, gas, nuclear, wind, hydro and solar power facilities.
Through our retail businesses in Hong Kong and Australia, we serve customers, including both businesses and residential households. Our wholesale customers include grid companies in Mainland China and electricity distribution companies and intermediaries in India, which purchase power directly from our generating assets.
A significant share of our third party spend is with local suppliers which support the local community while meeting CLP’s business needs. Our preferred suppliers are those who are ethical and committed to sustainable development, and have a track record on Health, Safety, Security & Environmental (HSSE) competence. They should be capable of meeting the expectations of our Responsible Procurement Policy Statement (RePPS).