Corporate Social Responsibility in CLP Group

Established in Hong Kong in 1901, China Light and Power (CLP) has developed to become one of the largest investor-owned energy firms in the Asia-Pacific. Operating in Hong Kong for 115 years, CLP now runs a vertically-integrated electricity supply business covering power generation, transmission and distribution, as well as retail service, through its wholly-owned subsidiary, CLP Power Hong Kong Ltd. With a strong operating base in Hong Kong, CLP gradually expanded its operations, initially to mainland China towards the end of late 1970s when China started its economic reform, and later to Taiwan, Thailand, Australia, and India from the 1990s onwards, mirroring the economic development trajectory of the region. CLP has also begun to embrace gas, nuclear, wind, hydro, and solar (renewables) in its portfolio. By mid-2015, CLP possessed over 70 assets with more than 22,000MW of capacity (from generation and purchase), six different sources of energy and over five million customer accounts. With its business spanning across many countries and different types of assets and services, CLP Holdings Ltd was formed in 1998 and listed on the Hong Kong Stock Exchange. At June 2015, CLP has grown to become a sizeable multinational enterprise (MNE) employing some 7,200 staff across the Asia Pacific region, with a market capitalisation of over US$21 billion.