China Light And Power

China Light And Power (CLP) Carbon Emissions and Climate Commitments

Hong Kong-based electricity provider China Light And Power (CLP) is actively working to reduce its environmental impact. In 2025, the company reported total emissions of approximately 38.8 billion kg CO2e. This figure breaks down into roughly 34.4 million kg CO2e for Scope 1, approximately 302,000 kg CO2e for Scope 2, and about 11.1 million kg CO2e for Scope 3 emissions.

CLP's emissions have shown a decreasing trend in recent years. In 2024, total emissions were approximately 50.7 billion kg CO2e, down from about 53.0 billion kg CO2e in 2023 and 60.2 billion kg CO2e in 2022.

Climate Commitments and Reduction Initiatives:

CLP has established several key climate commitments and reduction targets:

• Net-Zero by 2050: CLP has a long-term commitment to achieve net-zero greenhouse gas (GHG) emissions by 2050, aligning with Hong Kong's goal to strive for carbon neutrality before 2050. This commitment extends to progressively phasing out coal-fired generation plants.
• Interim Targets:
  • CLP aims to reduce its Scope 1 and Scope 2 emissions to near zero by 2025.
  • The company targets a 50% reduction in its Scope 1 and Scope 2 emissions from 2020 levels by 2030.
  • CLP also commits to reducing absolute Scope 3 GHG emissions from the use of sold products by 28% by 2030, using 2019 as the base year.
• EnergyAustralia Reductions: CLP's subsidiary, EnergyAustralia, is set to reduce its Scope 1 carbon emissions by over 60% in 2028-2029 compared to the 2019-2020 base year, primarily through the closure of the Yallourn Power Station.
• Science-Based Targets: CLP Group has committed to reduce Scope 1, 2, and 3 GHG emissions from electricity sold by 52% per kg CO2e/kWh by 2030 from a 2019 base year. This includes a commitment to reduce Scope 1 and 2 GHG emissions from electricity generated by 50% per kg CO2e/kWh over the same timeframe. These targets are considered consistent with reductions required to keep warming to Well-below 2°C.

CLP also voluntarily pledges to review its climate targets no less than every five years, ensuring their ongoing relevance and ambition. The company's commitment extends to the entire value chain, with an aim to achieve net-zero GHG emissions across CLP's value chain by 2050.