CLP Holdings Ltd

Common Name
CLP Holdings
Country
Hong Kong
Sector
Utilities
Industry
Utilities - Regulated Electric
Employees
7,069
Ticker
2
Exchange
HONG KONG EXCHANGES AND CLEARING LTD
Description
CLP Holdings Limited, an investment holding company, engages in the generation, retail, transmission, and distribution of electricity in Hong Kong, Mainland China, India, Thailand, Taiwan, and Austral...

CLP Holdings's Climate Target Data Preview

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 TypeScope of TargetUnitTargetTarget Year
Absolute-based Target*
Scope 3 - Use of Sold Products (Cat. 11)
Metric Tonnes of CO2 equivalent (mtCO2e)
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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
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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
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2040
* This target is limited in scope and does not represent the company's full operational or organizational boundaries

This table provides a simplified preview of selected climate targets data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into CLP Holdings's Greenhouse Gas Emissions Pathways

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.

Does CLP Holdings have a target to reduce its total carbon footprint?

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.

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.

As of 2024, CLP Holdings is lagging behind on its total carbon footprint reduction target, having achieved 18.89% of the planned reduction.

CLP Holdings's Carbon Footprint (Scope 1+2+3) Emissions Pathway

20192024204000000BaselineCurrent (-16%)Target 2040 (-84%)
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