- Market context, affordability and reliability of energy, and limitations as a minority joint venture partner influence decarbonisation pace
- Growing power demand in growth regions can hold up coal phase-out
- Need to balance maintaining affordability and reliable electricity access for communities during transition
- Challenges in accelerating change in Asia Pacific due to relatively young coal plants, less market influence, and workforce transition needs
CLP Holdings Limited
Greenhouse gas emissions & sustainability report data
In its 2024 reporting, CLP Holdings Limited disclosed greenhouse gas emissions of 53.0K kt CO2e (2023). By scope: Scope 1: 38.2K kt CO2e (2023); Scope 2: 229 kt CO2e (2023); Scope 3: 14.6K kt CO2e (2023). Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.
GHG Emissions
53.0K kt CO2e (2023)
2024
Renewable Energy
28% (2023), projected 55% (2030)
of total energy
📊 Emissions by Scope (2024)
| Scope | What it covers | Reported value |
|---|---|---|
| Scope 1 | Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions). | 38.2K kt CO2e (2023) |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 229 kt CO2e (2023) |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 14.6K kt CO2e (2023) |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
📈 Emissions by Report Period
| Report period | Headline emissions figure reported |
|---|---|
| 2024 | 53.0K kt CO2e (2023) |
| 2021 | 65.0K kt CO2e (equity basis) |
| 2015 | 46.7K kT CO2e |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Reduced the Group’s GHG emissions intensity of electricity sold to 0.54kg CO2e/kWh in 2023 (14% decrease from 2019 baseline)
- Divestment from Fangchenggang Power Station in 2022 and transfer of Shiheng Power Station in 2022 reduced coal share in energy sent out from 48.2% in 2021 to 40.8% in 2023
- Operation of D1 unit at Black Point Power Station since 2020 and commissioning of offshore LNG terminal in 2023 facilitated coal phase-out by increasing gas generation capacity
🎯 Climate & Sustainability Targets
🔜 Short-term
- Reduce GHG emissions intensity of electricity sold to 0.26kg CO2e/kWh by 2030
- Reduce absolute Scope 3 GHG emissions from use of sold products by 28% from 2019 baseline by 2030
- Cut Scope 1 and 2 GHG emissions intensity of electricity generated by 50% from 2019 baseline by 2030
📅 Medium-term
- Reduce GHG emissions intensity of electricity sold to 0.1kg CO2e/kWh by 2040
🔭 Long-term
- Reach net-zero GHG emissions across our value chain by 2050
🌱 ESG Focus Areas
Climate Change