CLP Holdings Ltd 2017 AR2
The report highlights CLP Group's solid performance in 2017, with operating earnings increasing by 7.9% to HK$13,307 million, driven by its diversified portfolio. The company strengthened its commitment to clean energy by setting more ambitious Climate Vision 2050 targets, aiming to reduce carbon intensity by 82% by 2050 and increase renewable capacity to 30% by 2030. Key developments included the acquisition of a 17% interest in Yangjiang Nuclear Power Station and the signing of a new 15-year Scheme of Control Agreement in Hong Kong. However, the year was marked by tragic safety incidents resulting in four contractor fatalities, prompting a comprehensive safety review.
Company: CLP Holdings Ltd
Sector: Energy utilities
Country: Hong Kong
Year: 2017
Type: AR2
Pages: 145
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CLP Holdings Ltd
Annual Report
The report highlights CLP Group's solid performance in 2017, with operating earnings increasing by 7.9% to HK$13,307 million, driven by its diversified portfolio. The company strengthened its commitment to clean energy by setting more ambitious Climate Vision 2050 targets, aiming to reduce carbon intensity by 82% by 2050 and increase renewable capacity to 30% by 2030. Key developments included the acquisition of a 17% interest in Yangjiang Nuclear Power Station and the signing of a new 15-year Scheme of Control Agreement in Hong Kong. However, the year was marked by tragic safety incidents resulting in four contractor fatalities, prompting a comprehensive safety review.
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Document Details
Report Year
2017
Reporting Period
Jan 1, 2017 - Dec 31, 2017
Fiscal Year
2017
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Renewable Energy
Total Waste
Women on Board
Women in Management
Workplace Fatalities
Employees