Our Purpose
CLP provides sustainable energy solutions to create value for shareholders, customers, employees and the wider community. We aim to be the leading responsible energy provider in the Asia-Pacific region, from one generation to the next.
Strategic Framework
Our Strategy
How we serve our purpose
To leverage new and emerging technologies to aid the progressive decarbonisation of our portfolio, empower our customers in making better energy choices, enhance performance of our operations, and to evolve and grow our business in the transition to a low-carbon future.
Our Values AND COMMITMENTS
What guide us in fulfilling our purpose
CLP cares for people, its customers, the community and the environment. We care about performance, respect laws and standards, and value innovation. Our commitments are the promises we make to our stakeholders about the way in which we uphold our values.
Our Governance
How we hold ourselves accountable
Good corporate governance is a key enabler of long-term value creation, which enhances our credibility and safeguards the interests of our stakeholders. We remain committed to doing the right thing at all times, and to embedding a corporate governance framework that our stakeholders respect and understand.
Key Performance Highlights
Our Strategy
How we serve our purpose
Continue to grow a sustainable business
Total Earnings |
|
HK$
11,456
million
2019: HK$4,657 million
|
Operating earnings |
|
HK$
11,577
million
2019: HK$11,121 million
|
Dividends |
|
HK$
7,832
million
2019: HK$7,782 million
|
Electricity sent out |
|
85,937
million kWh
2019: 88,573 million kWh
|
Retail customer accounts in Hong Kong and Australia |
|
5.12
million
2019: 5.11 million
|
Leverage new technologies to aid decarbonisation
Key innovation projects and investments |
|
Smart Energy Connect expanded offering and helped more businesses improve energy efficiencies; invested in CSG Energy Innovation Equity Investment Fund
|
Carbon intensity |
|
0.57
kg CO2/kWh
2019: 0.62 kg CO2/kWh
|
Proportion of Renewable energy |
|
13.5%
2019: 13.7%
|
Proportion of Non-carbon emitting capacity |
|
24.4%
2019: 24.9%
|
Empower our customers in making better energy choices
Smart Meters |
|
Over 840,000
connected in Hong Kong since 2018
|
Demand Response Programmes |
|
104
MW
maximum demand reduced in Hong Kong
91
MW
capacity contracted in Australia
|
Feed-in Tariff Scheme in Hong Kong |
|
175
MW
approved or connected to our grid since May 2018
|
Enhance operational performance
Safety Performance |
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|
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Reliability in Hong Kong |
|
99.999%
2019: 99.999%
|
Environmental regulatory non-compliance cases |
|
4
cases
2019: 10 cases
|
Evolve our business along with the energy transition
Operating Earnings* by asset type % (HK$ million) |
|
|
|
Coal
Gas
Nuclear
Renewables
Transmission, distribution and retail
Others
*Before unallocated expenses |
Capital investment# incurred by asset type % (HK$ million) |
|
|
|
Coal1
Gas
Renewables
Transmission, distribution and retail
Others
#On accrual basis |
Our Governance
How we hold ourselves accountable
| KEY SUSTAINABILITY RATINGS | ||||||
|
