CLP Group’s 2008 Sustainability Report

CLP Group’s 2008 Sustainability Report is now online at:
http://www.clpgroup.com/Sustainability

CLP’s Sustainability Report describes their commitments, plans and performance in managing the challenges we face in order to sustain our business in a responsible manner, especially in the current financial and market turmoil. CLP's aim is to report successes and setbacks with equal honesty.

The CLP 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 set of succinct video reports from CLP's senior management on a range of key issues such as climate change, air quality, safety and community investment.

The abridged version, “2008 Sustainability Report - In Essence” is available for download from our Group website:
https://www.clpgroup.com/Abt/Res/Pub/ARnSER/Pages/FinancialReport2008.aspx#sr
(If you would like to receive a hardcopy of the abridged version, please send a request to SRFeedback@clp.com.hk)

CLP is interested to hear your feedback on their sustainability performance and reporting. Feedback form is provided online, and you can also provide your input to SRFeedback@clp.com.hk. Your participation in the ongoing dialogue is important to us.

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中電集團的《2008 可持續發展報告》經已出版：
http://www.clpgroup.com/Sustainability

中電的《可持續發展報告》討論我們為回應各項挑戰所訂立的承諾、計劃及所取得的表現，並於當前金融及市場動盪下，務求以負責任的方式達致業務的可持續發展。我們的目標是以同樣誠實的態度，匯報一切成敗得失。

我們報告的內容採納了報告讀者與撰寫人的意見，並包括了全球報告倡議組織 (GRI) G3的內容索引及指標。報告的內容都經過獨立驗證。我們今年的新猷，是推出多輯短片，由高層管理人員來匯報包括氣候轉變、空氣質素、安全，以及社區投資的關鍵事宜。

篇幅較短的《2008可持續發展報告 — 精要》可於我們集團的網站下載：
https://www.clpgroup.com/Abt/Res/Pub/ARnSER/Pages/FinancialReport2008.aspx?lang=tc#sr
(如欲索取《2008可持續發展報告 — 精要》的印刷本，請電郵至SRFeedback@clp.com.hk)

歡迎大家對集團的可持續發展表現及報告的內容發表意見。請使用網上的「讀者意見」表格，或電郵至SRFeedback@clp.com.hk賜教。我們非常重視緊密的溝通及閣下的參與。

吳芷茵博士　謹啟
中電控股有限公司
集團環境事務總監

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.

Download Report

LNG Deal between PetroChina and Shell

Royal Dutch Shell has agreed to sell LNG to PetroChina from its Gorgon project off the coast of Western Australia. The deal is for one million metric tons of LNG a year over 20 years. It is estimated that Gorgon has 40 trillion cubic feet of gas. Shell's partners in the Gorgon project are Cheveron (50% stake) and ExxonMobil (25% stake). The cost of the project, which is still being developed, is $9 billion and rising. (The Wall Street Journal, 9-5-07)

Center Opens Hong Kong Office

The Center for Environment, Commerce & Energy has opened a Hong Kong office to enhance our work in Southeast Asia. The Hong Kong Office will work closely with our Mainland China Office. There are unique issues in Hong Kong due to its unique history. And although it has reunited with the Mainland, there are many environmentaland energy issues that will have to be addressed. The Center plans to provide its expertise to assist with practical solutions to global warming and the many other environmental issues facing all countries.