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CLP Holdings (中電集團)

CLP Holdings Ltd is a publicly listed energy company headquartered in Hong Kong, China. In 2020, its revenue was USD 10.3 billion and installed capacity was 20 Gigawatts (GW). CLP introduced a net-zero target in 2021, moved its coal phase-out date forward to 2040 and is focusing on emissions intensity targets rather than renewable and low-carbon targets. In 2020, coal accounted for 68% of its power generation.

Ranking position
#11/50
Total score
62.1/100
Performance score
10.1/20
Narrative Score
ABCDE
Trend Score
  • Trend line is up
  • Trend line is equal
  • Trend line is down
Performance module name Performance module score Rank (0-50)

Targets

#1 3.0 / 4 #11

Material Investment

#1 1.7 / 7 #27

Intangible Investment

#1 0.0 / 2 #20

Management

#1 3.1 / 4 #9

Policy Engagement

#1 0.9 / 1 #1

Business Model

#1 1.5 / 2 #16

Leading practices

Risks and opportunities

Trend

CLP Holdings receives a trend score of +. If the company were reassessed in the near future, its score would likely improve. Due to the revision of its transition plan, CLP has moved forward the phase-out of coal to 2040 and introduced a net-zero target for 2050, setting intermediary targets for 2030 and 2040. CLP is on track to meet its scope 1, 2, and 3 targets for 2030 and 2040, along with its scope 1 and 2 target for 2030. CLP will continue to develop its low-carbon portfolio, build battery storage facilities, enable EV charging and help end users monitor energy consumption.

Progress towards the Paris Agreement

Just Transition Assessment

In this report, we present five key thematic findings showing how 180 companies can increase their ambition towards a transition to a low-carbon future that is just and equitable for the people and communities at risk of being affected by it.

See results for

  1. 2020

More about the company

Headquarters
Hong Kong, China
Group revenue (2020)
USD 10.3 billion
Ownership
Publicly listed
Installed capacity (2020)
19.7 GW
Website
https://www.clpgroup.com

This company is part of the SDG2000, the 2.000 most influential companies

See company profile