CLP Holdings Limited has announced updates to the Terms of Reference for its Sustainability Committee, emphasizing the oversight of sustainability-related strategies, risks, opportunities, and reporting. According to the document, the new terms take effect on 1 January 2024 and outline the Committee’s authority to investigate relevant matters at the company’s expense. The Committee also retains the right to appoint professionals to aid in fulfilling its objectives.

The Committee will evaluate the effectiveness of existing frameworks—such as CLP’s Value Framework, Climate Vision 2050, and Group Health, Safety and Environment Policy—and ensure that CLP’s sustainability goals align with evolving regulations and stakeholder expectations. The document highlights the Committee’s mandate to monitor international trends, recommend improvements, and oversee public disclosures in the Annual Report or Sustainability Report.

The announcement specifies that the Committee will include at least five members, primarily Non-executive Directors with at least three Independents. Effective 27 February 2026, the Committee’s membership includes Chairman and Independent Non-executive Director, Mr. Chunyuan Gu, and other Independent and Non-executive Directors. Meeting frequency is set at no fewer than three times a year, and meeting minutes will be prepared by the Company Secretary and shared with the full Board. The updated Terms will be reviewed periodically to ensure they remain aligned with the company’s sustainability objectives.