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

Carbon Management

The deployment of the newly introduced 98 units is
anticipated to yield a remarkable reduction of up to 23%
in CO2 emissions per vehicle. This translates to an annual
reduction of 2,200 to 4,833 tonnes of CO2 emissions,
equivalent to the carbon offsets by approximately 36,000 to
80,000 tree seedlings (approximately equivalent to 119.2 acres
- 264.9 acres) over a span of 10 years¹.

TNB’s dedication to transitioning to electric vehicles
not only advances its environmental objectives but also
delivers substantial economic advantages. The integration
of EVs into the end-of-useful-life replacement process is
projected to generate significant cost savings. Repair and
maintenance expenses are expected to plummet by 35%
to 86%, while energy costs are foreseen to diminish by 25%
to 70%, compared to conventional Internal Combustion
Engine (ICE) vehicles.

Moreover, TNB envisions an annual reduction of fossil fuel
expenditure by approximately 6% to 12% further
underscoring the compelling economic rationale behind TNB Fleet Electrification Targets by 2030
the company’s commitment to EV integration. These
figures highlight the dual benefits of TNB’s transition to
electric vehicles, aligning with its environmental goals
while simultaneously bolstering its financial sustainability.

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