2016 Asia-Pacific Stevie Awards Gold Winner - CLP Holdings Limited
Company: CLP Holdings Limited, Hong Kong, China
Category: Award for Innovation in Annual Reports
Entry Title: 2015 Annual Report
About the 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 Limited, 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 Mainland China, India, Southeast Asia,Taiwan and Australia.
About the 2015 Annual Report
Encapsulating guidelines by the International Integrated Reporting Council and the Hong Kong Institute of Certified Public Accountants, CLP’s 2015 Annual Report is our fifth integrated annual report. Structured around the theme of “our unwavering commitment to the communities we serve”, the Report presents a connected view of the social, environmental, operational and financial aspects of our performance in an integrated and innovative manner. Our strength is highlighted as follows:
As an early adopter of the Hong Kong Stock Exchange’s Environmental, Social and Governance (ESG) Reporting Guide, we disclose ESG information that falls under the “comply or explain” provisions. Specifically, we report our environmental policies and performance, compliance with laws and regulations, and our relationships with key stakeholders in the different chapters of the Annual Report according to their relevance and by following the Integrated Reporting approach. In addition, we have included five chapters of “Capitals” – resources or relationships that are critical to our business, and supplementary information such as Accounting Mini-Series so that our stakeholders can have a comprehensive understanding of our business.
Design and Format
Electricity is an indispensable part of the modern life. It powers the machines that keep our communities safe, and allows us to live and work comfortably and with convenience. To highlight the close relationship between us and our stakeholders, we decided this year to create a relaxing home feel, reflected in our Annual Report’s vivid and colourful illustrations, well-designed diagrams, intuitive infographics and selective use of photographs. To provide an at-a-glance look at our business performance, we capture and visualise all key information with figures, graphics and tables in the opening six-page section of “A Snapshot of CLP in 2015”.
Accessibility and Interactivity
To expand our reach to broader audiences, the print version of our Annual Report goes live with our online multimedia Snapshot and Sustainability Report. Our Snapshot presents an overview of our business using multimedia tools such as videos whilst our Sustainability Report provides a more detailed account of our sustainability principles, strategies and efforts. Together with our website and other CLP literature, we aim to enable our stakeholders to have a more informed assessment of our company.
We have also developed an innovative way to strengthen our interaction with readers by pledging to make charitable donations of HK$60 for each feedback that we receive on our Annual Report, online Snapshot and Sustainability Report, with a cap of HK$350,000 in total.
We treasure the opportunity to communicate with our stakeholders through our Annual Report. We invite stakeholders in different walks of life to put forth questions in relation to our business and our senior management addresses their areas of interest. We believe our efforts contribute to a truly constructive two-way dialogue with our stakeholders.
Production and Distribution
To play our part in reducing carbon footprint, we encourage e-communication by donating HK$60 for each shareholder’s request to switch to our electronic publications. For the mailing of hard copies, we specially designed a posting bag which could be converted into a reusable carrier bag to promote conservation and reduce waste.