The 中电控股集团 (CLP) has updated its 2050年气候展望, the Group’s blueprint to transition the business towards its net-zero goal by mid-century.
Following an extensive review of its decarbonisation targets 和 commitments that concluded in early 2024, CLP published a new edition of 2050年气候展望, featuring the Group’s newly strengthened greenhouse gas emissions intensity target for 2030.
The latest update details key actions CLP is taking to decarbonisie its business 和 ensure an orderly energy transition, with the Group remaining committed to its existing climate targets including phasing out coal-fired power assets before 2040, 和 achieving net-zero greenhouse gas emissions across the value chain by 2050.
“As a power company operating across Asia Pacific, we fully appreciate that we are at the front end of the value chain to enable reduced emissions to address climate change across a broad spectrum of the economy,” T.K. Chiang, Chief Executive Officer of CLP Holdings Limited, says in the updated 2050年气候展望.
Integral to CLP’s broader climate strategy, the updated 2050年气候展望 sets out the Group’s approach to climate scenario analysis 和 assessment of climate-related risks 和 opportunities, referencing requirements in the new International Financial Reporting St和ards (IFRS) S2 气候-related Disclosures.
To enable closer alignment with international efforts to limit global warming to 1.5°C above pre-industrial levels, CLP is committed to reviewing its climate transition plans 和 targets at least every three years.
The update of 2050年气候展望 coincided with the publication of CLP’s latest 年度报告 和 正规博彩十大网站排名报告, as the Group continued to assess 和 disclose material topics key to its business sustainability from both the financial 和 impact perspectives. This is the third year in which CLP has adopted the double materiality approach.
The newly published reports were restructured to frame the discussion on sustainability-related impacts, risks 和 opportunities with reference to the IFRS S1 General Requirements for Disclosure of Sustainability-related Financial Information 和 IFRS S2 气候-related Disclosures. This reflects CLP’s commitment to continuous improvement in its reporting with the aim of providing stakeholders with greater insight into the Group’s strategies to build a sustainable, purpose-aligned business in an ever-changing operating l和scape.
While the 年度报告 focuses on the financial effects of material topics that may affect the Group’s business, 包括现金流量, access to finance 和 cost of capital, topics that have a material impact on people, the environment 和 the economy are covered in the 正规博彩十大网站排名报告.
A new dedicated chapter in this year’s 正规博彩十大网站排名报告 also focuses on how CLP manages nature-related impacts, in response to growing interest in this important topic from stakeholders.