The electric utilities sector is at the forefront of a global road to net zero, having contributed approximately a quarter of global greenhouse gas (GHG) emissions in 2022. This plays out especially in Asia which hosts more than half of the world’s population and is witnessing a rapid rise in energy demand.
The decarbonisation journey of Asian electricity companies has been at the centre of a new report produced by the AIGCC, a regional investor coalition which counts 20 investors with more than $11trn in AUM as its members.
The report focused on 7 of the region’s largest utilities firms including China Resources Power Holdings and Huaneng Power International from China, CLP Holdings from Hong Kong SAR, PT Perusahaan Listrik Negara from Indonesia, J-POWER and Chubu Electric Power from Japan, and Tenaga Nasional Berhad from Malaysia.
Findings of the report are being turned into action as key members of the investor…
