As of 2024, CLP Holdings has disclosed 3 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 1 absolute reduction target and 2 intensity-based target targets, signaling the company’s commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into CLP Holdings ’s climate strategy, ambition level, and alignment with global decarbonization goals.
Target Type | Scope of Target | Unit | Target | Target Year |
---|---|---|---|---|
Absolute-based Target* | Scope 3 - Use of Sold Products (Cat. 11) | Metric Tonnes of CO2 equivalent (mtCO2e) | Copy restricted. Please purchase to unlock this data. | 2030 |
Intensity-based Target | Scope 1 - Total, Scope 2 - Total, Scope 3 - Fuel- and Energy-Related Services (Cat. 3) | Metric Tonnes of CO2 equivalent (mtCO2e) per Watt-hour (Wh) of Electricity Sold | Copy restricted. Please purchase to unlock this data. | 2030 |
Intensity-based Target | Scope 1 - Total, Scope 2 - Total, Scope 3 - Fuel- and Energy-Related Services (Cat. 3) | Metric Tonnes of CO2 equivalent (mtCO2e) per Watt-hour (Wh) of Electricity Sold | Copy restricted. Please purchase to unlock this data. | 2040 |
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As of 2024, CLP Holdings has set greenhouse gas (GHG) emissions reduction targets that cover its value chain emissions (Scope 3), without dedicated targets for its operational emissions. This indicates a focus on upstream and downstream climate impacts rather than internal operations. a b c
As of 2024, CLP Holdings has set a target to reduce its total carbon footprint, specifically those from Scope 1, Scope 2 and Scope 3 sources. a b c
CLP Holdings's most ambitious carbon footprint target is to reduce its scope 1, 2 and 3 emissions from a baseline of 0 Metric Tonnes of CO2 equivalent (mtCO2e) per Watt-hour (Wh) of Electricity Sold in 2019, by 84% by 2040. a b c
As of 2024, CLP Holdings is lagging behind on its total carbon footprint reduction target, having achieved 18.89% of the planned reduction. a b c