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OVERVIEW

The Energy Equation

The world is changing rapidly, and energy is the single biggest driver of this transformation. We are leading this charge from the front through our balanced approach to the energy ‘trilemma’.

The Energy Trilemma

Climate change is transforming the world at an alarming pace, with carbon-intensive energy systems being replaced by low-carbon and renewable energy approaches. According to the World Energy Council, the ‘trilemma’ between Energy Equity, Environmental Sustainability and Energy Security is one of the biggest challenges of this transition.

governance

Energy Equity

Ability to provide universal access to affordable, fairly priced and abundant energy for domestic and commercial use.

governance

Environmental Sustainability

Transition of energy system towards mitigating and avoiding potential environment and climate change impacts.

governance

Energy Security

Capacity to meet current and future energy demand reliably, withstand and recover swiftly from system shocks with minimal disruption to supplies.

target

Balancing the Trilemma

At TNB, we strive to balance this future-forward outlook with our existing responsibilities to the nation and communities.
Our approach comprises of:

infrastructure

Upgrading the infrastructure

To ensure the reliability of current and future electricity supply.

eco-systems

Optimising system efficiency

To provide affordable and fair tariffs.

environmental impact

Minimising the environmental impact

To safeguard our environment for future generations.

TNB Sustainability Journey

  • Launch of the Village Street Lighting Project to ensure public areas in villages are lit
  • Initiation of the Community Outreach Programme, a platform for TNB's management to engage with the community
  • Launch of the Kampung Kuantan Firefly Conservation Project to protect one of the largest firefly colonies in Southeast Asia
  • The Jana Landfill Small Renewable Energy Programme (SREP) Project commenced operations in 2004

  • Launch of TNB’s CareLine 15454 service in 2007
  • TNB received the Prime Minister’s Industry Excellence Award for 2007. We also won the Quality Management Excellence Award (Category 4).
  • Completion of the solar hybrid rural electrification project in Pulau Perhentian, Terengganu in 2007
  • Completion of the state-wide Sabah grid in 2007, linking the West Coast Grid and the East Coast Grid
  • Launch of the ‘Tree for a Tree’ Programme to reduce carbon emissions through tree planting in public areas
  • Roll out of the Online Bill payment service that allows customers to view and pay bills online
  • Introduction of TNB’s Customers First Programme and Customer Charter to upgrade the quality of our services
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  • Launch of the Customer First Programme as part of TNB’s continued efforts to upgrade its quality of services
  • Introduction of our Corporate Integrity Pledge to promote transparency and good governance
  • Introduction of our Green Energy Policy in support of the national green agenda
  • Partnership with World Wildlife Fund (WWF) for the TNB-WWF Malaysia Earth Hour Awareness Campaign in 2013

  • Introduction of Reimagining TNB with Formalisation of Sustainability Development Committee (SDC)
  • Commenced carbon footprint assessment
  • Establishment of the TNB Green Energy Development Fund to channel profit after tax towards Green Energy projects annually
  • First roll out of smart meters as part of Advanced Metering Infrastructure
  • Incorporation of GSPARX Sdn. Bhd. to promote self generation from solar energy by facilitating the Net Energy Metering (NEM) scheme and Supply Agreement for Renewable Energy (SARE)
  • Sustainability Report in accordance with international GRI Standards and TCFD framework
  • Refreshed corporate strategy - “To be a leading provider of sustainable energy solutions in Malaysia and internationally”

  • Unveiled the TNB Sustainability Pathway 2050 (SP2050)
  • Introduction of TNB's Energy Transition Strategies and Plan which is extension of the Reimagining TNB, focusing on three (3) strategic pillars supported by key enablers in shifting from fossil-based energy mix to greener energy sources
  • Formation of the Sustainability and Energy Transition Council (SETC) that has combined the roles of the former Sustainability Development Council (SDC) and the former TNB Energy Transition Steering Committee (TEXC)
  • Scaling renewable energy generation
  • Target to achieve 7000MW RE installed capacity by 2030
  • Support the achievement of 8% national energy savings by 2025

  • Accelerate decarbonisation efforts with targets - 35% emission intensity reduction by 2035
  • Halve coal generation capacity by 2035
  • Renew Upskilling and reskilling people with more intensive programme to support TNB’s sustainability plan and energy transition

  • Aspire to achieve net zero emissions and be coal-free by 2050
  • Grid Division targets to achieve zero pollution impact on nature and 30% reduction of deforestation in forest reserve