CLP Pilots Integrated Approach for Corporate Reporting
OREANDA-NEWS. April 10, 2012. CLP Holdings is pleased to announce the publication of our first integrated Annual Report, which is aimed at reflecting the progress we have made to embed sustainability into our 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, reported the press-centre of CLP Holdings.
“The integrated reporting approach enables us to present our values, actions and outcomes in a structured and logical manner so that our stakeholders could assess our environmental and social performances and their contribution to the company’s profitability and long-term value creation in a clear and connected manner.” said Mr. Andrew Brandler, CEO of CLP Holdings. “Taken together with our Sustainability Report, our website and other publications, we aim to offer a holistic picture of CLP and demonstrate our ability to create value, now and in the future.”
CLP is one of the sixty-one global leading companies participating in the IIRC’s integrated reporting pilot initiative. The principles and practicalities of Integrated Reporting are being tried and tested under this Pilot Programme to facilitate the eventual creation of a new global framework for Integrated Reporting.
Complementing our integrated Annual Report, our 2011 online Sustainability Report provides in-depth information on performances related to environmental and social issues such as air quality, climate change, safety and community investment. Our 2011 Annual Report and Sustainability Report are available at www.clpgroup.com.
The integrated Annual Report and CLP online Sustainability Report reflect CLP’s commitment to communicating openly with our stakeholders and our commitment to prepare and present reports that contain comprehensive, fair, accurate and understandable information on all aspects of our operations. We welcome our stakeholders’ feedback to help us shape this new approach of corporate reporting.
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