CLP HOLDINGS LIMITED
17 September 2014
中電控股有限公司
CLP Holdings Limited
CLP's 2013 Annual Report Named No. 8 Worldwide and Best in Asia
CLP Holdings' 2013 Annual Report has been ranked 8th worldwide and 1st in Asia in e.com's Annual Report on Annual Reports 2014. e.com is an independent report rating organization and its annual survey is widely regarded as one of the most comprehensive, international, independent and authoritative surveys on annual reporting.
"The recognition reaffirms our efforts to make CLP's annual reports easily understood by all our stakeholders. Our business, and the electricity sector in general, is complex and the information we need to present is often highly technical in nature. The award is encouraging to all of us who work hard to present this complex information in a simple and readable form. We will continue to set high standards in reporting to meet the evolving requirements of our stakeholders," said Mr Richard Lancaster, Chief Executive Officer of CLP.
The CLP 2013 Annual Report was particularly recognised in the areas of "Business overview", "Financial review, management discussion and analysis" and "Risk factors, control and management". Its efforts in helping readers who are not number crunchers to understand financial statements were specially cited by the judges.
"Admittedly, it is difficult - if not impossible - to be creative in financial statements and notes. But why should they be so tedious? Isn't there a way to explain how they work, to interpret figures, to help the reader? CLP stood amongst the first - and only - reports doing this exercise," Mike Guillaume, co-founder and editor of survey, remarked.
The latest e.com's survey studied the reports of 1,500-2,000 listed companies. These reports were rated based on a set of criteria blending financial and business analysis; short- and long- term performance aspects; strategy and operations; visual and textual elements; share- and broader stake-holders issues; information content and communication style.
The e.com's recognition joins a long list of accolades the CLP 2013 Annual Report has collected since it was published in March. It has won five honours including two Silver awards in photography and illustrations in the ARC Awards - another prestigious international award programme for the annual report industry. Its online summary edition, The Snapshot of CLP 2013 Annual Report, has bagged two awards in The Communicators Awards 2014 and was named "Best in Class - Investor Relations" in The Interactive Media Awards.
CLP's 2013 Annual Report can be downloaded here. The Annual Report on Annual Reports
2014 is available here.
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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. Its diversified portfolio of generating assets uses a wide range of fuels including coal, gas, nuclear and renewable sources. CLP is one of the largest external investors in the Mainland's renewable energy sector. In India, it is the largest foreign investor in the power sector and the biggest independent power producer in wind energy, foreign or domestic. In Australia, its wholly-owned subsidiary EnergyAustralia is one of the largest integrated energy companies, providing gas and electricity to 2.7 million 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.
Ms Justine Lau
Public Affairs Manager
CLP Power Hong Kong Limited
Tel: (852) 2678 8963
Pager: (852) 7116 3131 A/C 7736
Email: mailto:justine.lau@clp.com.hkjustine.lau@clp.com.hk
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