OREANDA-NEWS. December 06, 2012. CLP Holdings is pleased to announce that it has won the highest honour in the acclaimed Best Corporate Governance Disclosure Awards 2012, organised by the Hong Kong Institute of Certified Public Accountants, for the tenth successive year, highlighting the company’s strong disclosure culture and informative annual report, reported the press-centre of CLP. 

CLP gained the Diamond Award in the Hang Seng Index category in recognition of its “concise and informative” Annual Report, which “demonstrated the company’s genuine commitment to good governance.” CLP has been a winner of the top honour since 2003.

CLP published its first integrated Annual Report this year, which is aimed at reflecting the progress it has made to embed sustainability into its operations. CLP is the first Hong Kong company to apply the International Integrated Reporting Council’s (IIRC) integrated reporting framework to its 2011 Annual Report.

The integrated reporting approach enables CLP to present its values, actions and outcomes in a structured and logical manner to enable its stakeholders to assess its environmental and social performances and their contribution to the company’s profitability and long-term value creation in a clear and connected manner.

 For the second consecutive year, CLP also received the Sustainability and Social Responsibility Award, a new category that was created only last year. The judges praised CLP as a “clear winner” and “good role model”.

“We are pleased and honoured to have won the two awards. This is a recognition of our high standards of corporate governance and commitment to sustainability reporting,” said Mr Andrew Brandler, Chief Executive Officer of CLP Holdings.

“Our Annual Report, along with the online Sustainability Report and other information available on our website, was designed to give our shareholders a coherent and integrated picture of CLP.”

In addition, CLP’s 2011 Annual Report was named by Hong Kong Management Association as the Best Report in its 2012 Best Annual Reports Award earlier this year.

About CLP Group
CLP Holdings Limited, a company listed on the Hong Kong Stock Exchange, is the holding company for the CLP Group, one of the largest investor-owned power businesses in Asia Pacific. Through CLP Power Hong Kong, it operates a vertically-integrated electricity supply business providing a highly-reliable supply of electricity to 80% of Hong Kong’s population.

Outside Hong Kong, CLP holds investment in the energy sector in Australia, Mainland China, India and Southeast Asia. Its diversified portfolio of generating assets uses a wide range of fuels including coal, gas, nuclear and renewable sources. The company is the largest external investor in the mainland’s renewable energy sector and the largest investor, foreign or domestic, in India’s wind sector. In Australia, its wholly-owned subsidiary EnergyAustralia is one of the largest integrated energy companies, providing gas and electricity to over 2.7m customers.

CLP is listed in the Global Dow – a 150-stock index of the world’s leading blue-chips, the Dow Jones Sustainability Asia Pacific Index (DJSI Asia Pacific), the Dow Jones Sustainability Asia Pacific 40 Index (DJSI Asia Pacific 40) and Hang Seng Corporate Sustainability Index Series.