To accelerate efforts to address climate change, the CLP Group has strengthened its decarbonisation actions to fulfil its Climate Vision 2050 and made climate-related disclosures more transparent in its latest Sustainability Report.
In the 2019 Report, CLP has highlighted commitments to phase out its coal-based assets by 2050 at the latest, and not to invest in any additional coal-fired generation assets, under the updated Climate Vision 2050.