EnergyAustralia
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OVERALL |
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Owned |
HKG |
Rating |
N/A |
Electricity distribution
Formerly known as TRUenergy. Acquired by CLP in 2012.
Company Ownership
EnergyAustralia Holdings Ltd | AUS | website | ||||
CLP Holdings Ltd
owns 100% of EnergyAustralia Holdings Ltd |
HKG | website | ||||
Electricity company Founded in 1901, today CLP is one of the largest electric utilities in Asia with operations in Hong Kong, China, India, Southeast Asia and Australia. 17% of energy comes from renewables, with most the rest from coal & gas. |
Company Assessment
PRAISE | CRITICISM | INFORMATION | ||
EnergyAustralia Holdings Ltd | ||||
According to the democracyforsale.net website, this company donated $103,980 to Australia's major political parties between 2012 and 2018, as disclosed to the Australian Electoral Commision (AEC).
Source: Democracy For Sale (2018) |
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CLP Holdings Ltd | ||||
In 2023, the Carbon Disclosure Project (CDP) asked companies to provide data about their efforts to reduce greenhouse gas emissions and mitigate climate change risk. Responding companies are scored across four key areas: disclosure; awareness; management; and leadership. This company received a CDP Climate Change score of A-.
Source: CDP (2023)
In 2023, the Carbon Disclosure Project (CDP) asked companies to provide data about their efforts to manage and govern freshwater resources. Responding companies are scored on six key metrics: transparency; governance & strategy; measuring & monitoring; risk assessment; targets & goals; and value chain engagement. This company received a CDP Water Security score of B.
Source: CDP (2023)
This company received an S&P Global ESG Score of 75/100 in the Electric Utilities category of the S&P Global Corporate Sustainability Assessment, an annual evaluation of companies' sustainability practices (last updated 23 Sep 2022). The rankings are based on an analysis of corporate economic, environmental and social performance, assessing issues such as corporate governance, risk management, environmental reporting, climate strategy, human rights and labour practices.
Source: S&P Global (2022) |
This company is involved in the production of coal or coal-based energy. This company's 16 coal-fueled power plants account for approximately 23 percent of CLP's operating earnings.
Source: company website (2022)
As listed on the We Mean Business website, this company has committed to the following climate action initiatives: adopt a science-based emissions reduction target; responsible corporate engagement in climate policy; report climate change information in mainstream reports as a fiduciary duty; commit to electric vehicles.
Source: We Mean Business (2021) |
Company Details
Type | Wholly-owned subsidiary |
Revenue | 7.76 billion AUD (2015) |
Contact Details
Address | Level 33, 385 Bourke St, Melbourne, VIC, 3000, Australia |
Phone | 03 8628 1000 |
Website | www.energyaustralia.com.au |