Monday, April 14, 2008

CLP Group Issues 2007 Sustainability Report

CLP Group’s 2007 Sustainability Report was developed with input from report readers and writers, and includes a Global Reporting Initiative’s G3 Sustainability Reporting Guidelines content index and indicators. The full content was independently verified. New this year is a feature article “A Regional Dilemma” about the challenge of meeting the growing needs for energy in developing countries without devastating consequences to the climate. CLP offers a frank discussion on real experience in the Asia Pacific region.

Highlights include CLP’s December 2007 announcement of targets for dramatic reduction in emission intensity of the entire portfolio, in line with a global climate stabilisation scenario with less than 550 ppm concentration of carbon dioxide. Targets were set for 2010, 2020, 2035 and 2050. CLP also announced reaching its renewable capacity target of 5% three years ahead of schedule.

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