CLP Holdings Limited

Electric Utilities
0002.HK
HKD 64 (0.62)%
Share price
$ 21 bn
Market Cap
$ 29 bn
Enterprise Value

Carbon footprint

1.7 Ton
GHG emissions per $ 1 mln investment
0.04x the weighted average for S&P 500
FY2021
How is this calculated?
+5.7%
YOY change in GHG emissions
Stronger than the +4.9% weighted average for S&P 500
FY2021 vs. previous year

Primary Climate Goal

This company has not set a company-wide target for an absolute reduction in GHG emissions yet

but has a science based goal that does not target absolute reductions but is still aligned with Paris Agreement according to SBTi

GHG emissions and Carbon intensity

CLP Holdings Limited's GHG emissions (location-based) (Kt of CO2e)
CLP Holdings Limited's Carbon intensity (Tons per 1 USDm)

CLP Holdings Limited's carbon footprint

CLP Holdings Limited reported Total CO2e Emissions - Location-Based Scope 1 + Scope 2 for the twelve months ending 31 December 2021 at 48 Kt (+2.6/+5.7% y-o-y). Carbon intensity also remained unchnaged at 4.4 t.

CLP Holdings Limited's Scope 3 emissions grew to 17 Kt (+0.3/+1.8% y-o-y). The performance has been erratic recently.

The company has not set a company-wide target for an absolute reduction in GHG emissions yet.

CLP Holdings Limited also has a science-based goal that, however, does not appear to explicitly target a company-wide reduction in emissions in absolute terms. The CLP Group commits to reduce scope 1, 2 and 3 GHG emissions from electricity sold 52% per kg CO2e/kWh by 2030 from a 2019 base year. Within that target, the Group commits to reduce scope 1 and 2 GHG emissions from electricity generated 50% per kg CO2e/kWh over the same timeframe. The Group also commits to reduce absolute scope 3 GHG emissions from use of sold products 28% by 2030 from a 2019 base year.* * The target boundary includes biogenic emissions and removals from bioenergy feedstocks.

Company environmental metrics

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