CLP Holdings Ltd.
Industry Group: Utilities
Country/Region: Hong Kong
Identifier: HKG:2
CLP Holdings is the larger of the two electric utility companies in Hong Kong, serving 80% of the city population. It generates, transmits and distributes electricity to about 2.6 million customers in Kowloon and the New Territories through its wholly owned network. The business is regulated by the Hong Kong government with a permitted return on net fixed asset of 8.00%. Besides Hong Kong, the company has expanded its reach overseas, with generation and retail assets in Australia and generation assets in China, India, Taiwan, and Southeast Asia. Its Hong Kong activities made up 63% of recurring net profit in 2023.
ESG Risk Rating
Ranking
Industry Group (1st = lowest risk)
Utilities 87 out of 647
Universe
Global Universe 3811 out of 15080
What are the ESG Risk Ratings?
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Industry Comparison
Company | ESG Risk Rating | Industry Rank |
---|---|---|
Endesa SA |
14.7
Low
|
36 out of 647 |
Hydro One Ltd. |
15.1
Low
|
42 out of 647 |
CLP Holdings Ltd. |
19
Low
|
87 out of 647 |
CEZ as |
26.8
Medium
|
239 out of 647 |
PPL Corp. |
26.9
Medium
|
241 out of 647 |
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Our Approach to Calculating ESG Risk
The ESG Risk Ratings measure a company's exposure to industry-specific material ESG risks and how well a company is managing those risks.
Exposure
Exposure refers to the extent to which a company is exposed to different material ESG issues. Our exposure score takes into consideration subindustry and company-specific factors such as its business model.
CLP Holdings Ltd.'s Exposure is High
Management
Management refers to how well a company is managing its relevant ESG issues. Our management score assesses the robustness of a company's ESG programs, practices and policies.
CLP Holdings Ltd.'s Management of ESG Material Risk is Strong
How do the ESG Risk Ratings work?
Top Material ESG Issues for CLP Holdings Ltd.
Understand how exposed companies are to specific material ESG issues and how well companies are managing these issues.
What are Material ESG Issues?
Material ESG issues are issues that are considered to be financially material to a given company in a relevant sub-industry.
Controversy Rating
Highest Controversy level that has impacted CLP Holdings Ltd.'s ESG Risk Rating in the last three years
Highest Controversy Level