CLP Renewable Energy Certificates: An In-Demand Decarbonisation Solution for Businesses

Building a sustainable future for Hong Kong requires effort from all sectors of society. The Government’s plan to make the city carbon neutral by 2050 is backed by a growing number of leading corporations that are embracing sustainable business initiatives to lower their carbon footprint. As a trusted energy partner to our business customers, CLP strives to promote decarbonisation and accelerate low-carbon business transformation through cost-effective energy-saving solutions.

The adoption of low-carbon or zero-carbon energy sources is one of the most direct and effective measures for carbon emissions reduction. CLP Renewable Energy Certificates (RECs) offer our business customers a simple and flexible option to support local clean energy development. RECs allow businesses to not only claim emissions-reduction benefits but also support their green business practices and enhance their corporate image. To fulfil different clean energy demands, we provide a 24/7 renewable fuel mix comprising solar power, wind power, and landfill gas projects generated or purchased by CLP. From data centres and banks to hotels and restaurants, businesses have a variety of purchasing options, such as bulk and long-term plans, to meet their distinct needs and facilitate a flexible low-carbon transition.

Since its launch, the Renewable Energy Certificates (RECs) programme has been welcomed by our business customers. As of the end of December 2022, more than 120GWh of RECs have been sold, equivalent to a reduction of 48,000* tonnes of carbon emissions. 2022 has seen a remarkable growth in long-term bulk purchases of RECs, thanks to our corporate customers including HSBC, Hang Seng Bank, AirTrunk, Citi, Hong Kong Air Cargo Terminals Limited (Hactl), UNIQLO, GU & Rosewood Hong Kong, and more. Buy Renewable Energy Certificates now to support local clean energy development and claim emission reduction benefits!

CLP will continue to collaborate with businesses to support local clean energy development for a low-carbon and sustainable future. Together, we can make Hong Kong a greener, smarter city.

For more information, please visit: Renewable Energy Certificates(clp.com.hk)

Remark: *Calculation based on the carbon intensity of the electricity sold by CLP Power in Hong Kong from 2019 to 2021.