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Sustainable Strategy

Blue Print for Success

In 2016, we launched Reimagining TNB (RT), a 10-year strategic plan to help us become a leading global electricity utility.

Sustainability Strategy

Our integrated sustainability strategy combines sustainability pillars - Environment, Social, Governance and Economic (ESG) matters with our Corporate Strategy Reimagining TNB 2025 (RT) enable us to contribute to the United Nations Sustainable Development Goals (UN SDGs). We have identified focus area on 8 SDGs and remain committed to deliver sustainable value that empowers our people and the communities. TNB Sustainability Pathway 2050 (SP2050) which developed in 2021 has enabled the Group to set out Energy Transition (ET) Aspiration Plan.


sustainability strategy map

Delivering Sustainability Value

List below demonstrates how our business strategy and initiatives contribute to the UNSDG targets

We promote healthy living and well-being of our people.

  • Target 3.6: Reduce road injuries.
  • Target 3.8: Improve health coverage.
  • Zero fatalities.

We provide quality education and financial support to the community.

  • Target 4.3: Equal access to affordable technical, vocational and higher education.
  • Target 4.4: Enhance youth and adult capabilities to increase employment.
  • Number of students and trainees in TNB education and learning centres.
  • Expenditures on scholarships and convertible loans.

We prioritise energy efficiency, clean energy technology and related infrastructure.

  • Target 7.1: Access to modern energy.
  • Target 7.2: Increase share of renewable energy in energy mix.
  • Target 7.3: Improvement in energy efficiency.
  • To increase RE capacity to 7.0GW by 2030.
  • Maintain System Average Interruption Duration Index (SAIDI) under 50. minutes/ customer/year through SAIDI 50 initiative.
  • 85% on the Smart Grid Index by 2025.

We promote sustainable business performance and create employment opportunities.

  • Target 8.3: Promote policies to support job creation and growing enterprises.
  • Target 8.5: Full employment and decent work with equal pay.
  • Target 8.6: Promote youth employment, education and training.
  • Target 8.8: Protect labour rights and promote.
  • Zero fatalities.
  • LTIF<1.0.
  • Tax and zakat contributions.
  • TNB Reskilling Malaysia Programme.
  • PROTÉGÉ training.

We build infrastructure, and develop innovation to accommodate socio-economic growth and low-carbon transition of the nation.

  • Target 9.1 : Develop sustainable, resilient and inclusive infrastructures.
  • Target 9.5 : Enhance research and upgrade industrial technologies.
  • Install 9 million smart meters across Peninsular Malaysia in phases under Advanced Metering Infrastructure (AMI) initiative by 2026
  • Allocate 3.5% of our PAT for our research and development.
  • (R&D) activities.

We combat inequality regardless of gender, race, religious beliefs or economic status within our organisation.

  • Target 10.2 : Promote universal social, economic and political inclusion.
  • Increase the percentage of women in senior management roles.

We support Malaysia’s commitment to the Paris Agreement and seek to mitigate our GHG emissions and environmental impacts, as well as adapt to climate risks.

  • Target 13.2: Integrate climate change measures into national policies, strategies and planning.
  • Target 13.3: Build knowledge and capacity to reduce.
  • 35% emission intensity reduction by 2035, from base year FY2020.
  • Halve coal generation capacity by 2035.
  • Net zero emissions & coal free by 2050.
  • Reskill and upskill TNB’s employee and develop Subject Matter Experts (SMEs) in TNB’s core business areas to support TNB’s sustainable plan and energy transition.

We continue to form partnerships with key stakeholders with the objectives to meet future industry demands and contribute positively to the environment and the community.

  • Target 17.17 : Encourage effective partnerships.
  • Commit 1% of our PAT for community programmes.
  • Increase expenditure on community development programmes.
  • Establish a wide range of partnerships to promote accessible and clean energy as well as uplift the communities.

ENERGY TRANSITION STRATEGY

TNB's ET Plan is an 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. These initiatives cut across the electricity value chain, from transitioning power generation to cleaner sources; enhancing the Grid of the Future (GoTF) to enable more green solutions; and facilitating consumer participation in the energy transition, including through digitalization and electrification.


Energy Transition Plan