Potential offtaker

CLP Holdings Limited

www.clpgroup.com

Estimated electricity consumption

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Countries of production presence

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CLP Holdings Limited is a leading power company based in Hong Kong that operates in the integrated electric utilities sector. The company has a rich history of over a century, having been founded in 1901 as China Light & Power Company Limited. Today, CLP Holdings Limited has a presence in several countries across Asia, including China, India, Australia, and Southeast Asia.

CLP Holdings Limited is committed to decarbonisation and reducing its carbon footprint. The company recognizes that climate change is one of the most significant challenges facing the world today and is committed to doing its part in addressing this issue. To this end, CLP has set ambitious targets to reduce its carbon emissions and increase the share of renewable energy in its portfolio.

One of the ways CLP is working towards decarbonisation is by investing in renewable energy. The company has a significant portfolio of renewable energy assets, including wind, solar, and hydroelectric power plants. In 2020, CLP generated 26% of its electricity from renewable sources, up from 22% in 2019. The company has set a target of achieving net-zero carbon emissions by 2050, and renewable energy will play a crucial role in achieving this goal.

CLP is also working with corporate customers to help them achieve their sustainability goals. The company offers corporate power purchase agreements (PPAs) that allow businesses to purchase renewable energy directly from CLP. This enables companies to reduce their carbon footprint and meet their sustainability targets while also benefiting from stable and predictable energy prices.

Corporate energy management is another area where CLP is making a significant impact. The company offers a range of energy management solutions that help businesses reduce their energy consumption and improve their energy efficiency. These solutions include energy audits, energy-saving projects, and energy management systems. By working with CLP, businesses can reduce their energy costs, improve their sustainability, and enhance their reputation as responsible corporate citizens.

CLP is also committed to engaging with its stakeholders and raising awareness about the importance of sustainability. The company has established several initiatives to promote sustainability, including the CLP Green Academy, which provides education and training on sustainability topics. CLP also participates in various sustainability reporting frameworks, including the Global Reporting Initiative (GRI) and the Carbon Disclosure Project (CDP).

In addition to its sustainability initiatives, CLP is also committed to delivering reliable and affordable electricity to its customers. The company operates a diverse portfolio of power plants, including coal-fired, gas-fired, and nuclear power plants. CLP also has a significant presence in the natural gas and liquefied natural gas (LNG) markets, providing customers with a reliable and clean source of energy.

CLP's commitment to sustainability and decarbonisation has been recognized by several organizations. In 2020, the company was named one of the world's most sustainable companies by Corporate Knights, a Canadian media and research company. CLP was also included in the Dow Jones Sustainability Asia Pacific Index for the 12th consecutive year.

In conclusion, CLP Holdings Limited is a leading power company based in Hong Kong that operates in the integrated electric utilities sector. The company is committed to decarbonisation and reducing its carbon footprint, and renewable energy plays a crucial role in achieving this goal. CLP is also working with corporate customers to help them achieve their sustainability goals, offering corporate PPAs and energy management solutions. The company's commitment to sustainability has been recognized by several organizations, and CLP is well-positioned to continue leading the way in the transition to a more sustainable future.

✓ Science Based Targets member
✓ Declared Net Zero commitment