Page 10 - TNB_Ebook_ESG_2024
P. 10

https://www.tnb.com.my/sustainability/esg-stories/






                                                                 Carbon Management



        Our Commitment Towards Carbon Emission Intensity     Our Carbon Management Strategy focuses on reducing,   Carbon Management Strategy: Reduce, Capture, Off-Set
                                                             capturing, and offsetting carbon emissions  (tCO2e) from
        reduction                                            TNB’s operations. We will continue to expand our renewable
                                                             energy (RE) capacity both domestically and internationally.   1. Reduce Carbon Emissions
        In support of Malaysia’s net-zero ambitions, we are committed   Domestically, this will be achieved through the development or   In our relentless pursuit of a sustainable future, we are
        to achieving net-zero emissions by 2050. This commitment is  acquisition of RE assets by TNB Power Generation Sdn. Bhd.   committed to achieving 18.25% reduction in emission
        part of our broader sustainability pathway, which was   (Genco) and TNB Renewable Sdn. Bhd. (TRe). Internationally,   intensity by 2050. This ambitious goal will be realized
        announced in 2021. We aim to reduce our annual carbon  Vantage RE and Sparks Renewable will spearhead these   through a series of targeted measures, including:
        emission intensity (Scope 1) by 5% each year from 2024   efforts.
        and steadfast in our commitment to achieve a 35% carbon                                                  •  Enhancing Power Plant Efficiency: Implementing coal
        emission intensity reduction by 2035 and net zero by 2050.                                                 blending, periodic boiler cleaning, and compressor washing.
                                                             From Vision to Reality: Translating Strategy into
        To achieve these targets, our efforts focus on reducing carbon   Concrete Actions                        •  Leveraging Advanced Technology: Monitoring plant
        emission intensity  (tCO2e/MWh) through our Carbon                                                         efficiency through Digital Twin technology.
        Management Strategy and Renewable Energy (RE) Capacity
        Expansion. Together, these initiatives enable us to reduce   Anchoring to the Carbon Management Strategy and   • Transitioning Energy Sources: Early retirement of coal
        emission intensity from our operations and set the stage for   Renewable Energy (RE) Capacity Expansion, we are   power plants and switching from coal to gas as a transition
        long-term sustainability by integrating renewable energy and   actively reducing emission intensity and expected to make   fuel.
        innovative carbon management technologies.           significant progress to achieve Net Zero by 2050 through
                                                             concrete  actions. The following are the details summarizing
                                                             the expected reduction in carbon emission intensity   • Innovative Co-Firing Solutions: Co-firing of coal power
                                                             (inpercentage) by 2050, compared to 2024:             plants with biomass and gas power plants with hydrogen.

                                                                                                                   Each of these initiatives represents a crucial step towards
                                                                                                                   reducing our carbon footprint and fostering a cleaner,
                                                                                                                   greener planet.










        Figure 1: TNB Strategy to Reduce Carbon Emission Intensity  Figure 2: Expected reduction in carbon emission intensity
                                                             (in percentage) by 2050


                                    Carbon Management  Water Management   Biodiversity & Land Use  Opportunities in RE  Toxic Emissions & Waste
                          Human Capital Development  Health & Safety  Labour Rights  Supply Chain Management  Community Relations  Corporate Governance
   5   6   7   8   9   10   11   12   13   14   15