Page 34 - TNB_Ebook_ESG_2024
P. 34

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






                                                             Biodiversity & Land Use



        Managing Biodiversity Ecosystem                      This framework signifies TNB’s commitment to a new   The Mitigation Hierarchy
                                                             operational paradigm-one where energy growth and
                                                             environmental preservation coexist.
        The TNB Biodiversity Framework serves as a guideline for                                                  At the heart of TNB’s biodiversity framework is the mitigation
        integrating biodiversity conservation into aspects of TNB’s   It  places  TNB  at  the  forefront  of  sustainable  infrastructure   hierarchy, a guiding principle to reduce environmental impacts
        operations.                                          development in Malaysia and positions the company as a   across project lifecycles.
                                                             responsible corporate citizen in the global energy landscape.
        It ensures that the company addresses the environmental                                                   This approach ensures biodiversity considerations are
        impacts inherent in energy projects while maintaining                                                     integrated from planning to decommissioning.
        adherence to international and national sustainability
        frameworks.                                                                                               The four steps of the mitigation hierarchy are:

        Simply put, this is a systematic approach to managing                                                      Avoid
        biodiversity throughout TNB’s project lifecycle-from site
        planning to decommissioning.                                                                               Refrain activities that could cause irreversible harm to ecosystems. For example, TNB
                                                                                                                   avoids constructing solar farms in protected areas by selecting low-yield agricultural
                                                                                                                   land instead.
        What It Means for TNB
                                                                                                                   Minimize
        TNB aims to minimize impact on biodiversity caused by its   An overview of TNB’s Biodiversity Framework
        operations and protect the environmental ecosystem.                                                        Take mitigation steps to reduce impacts, such as establishing buffer zones and
                                                                                                                   installation of physical barriers to prevent wildlife conflict.
                                                             Understanding Ecosystem Elements and Their Importance
          Environmental Responsibility
          To further strengthen TNB’s biodiversity commitment, the company aspires to achieve Net                  Restore/Remedy
          Positive Impact (NPI), particularly for new high biodiversity risk sites.  TNB’s biodiversity framework emphasizes that ecosystems
                                                             are made  up of  five interconnected elements-flora, fauna,  Rehabilitate ecosystems on-site, such as replanting native vegetation or rescue and
                                                                                                                   translocation of wildlife.
                                                             water, soil, and air-which function together to maintain
          Operational Integration
                                                             balance.
          Biodiversity conservation is embedded into core business activities, including the
          development of  large-scale solar  farms,  floating solar, thermal  plants, hydroelectric                Offset
          projects, grid networks  and other targeted sites, including  degraded areas, high   Disruptions to any one element, such as soil degradation or
          biodiversity value areas and locations with eco-tourism potential for other conservation   water contamination, can have cascading effects on the rest   Compensate for residual impacts through external conservation efforts, including
          efforts through Corporate Social Responsibility (CSR).                                                   mangrove restoration along coastal regions.
                                                             of the ecosystem.
          Long-Term Value Creation                           The company’s operations interact with aquatic, marine, and   By following this hierarchy, TNB ensures that biodiversity
                                                             land-based ecosystems, making it essential to adopt holistic   management is effectively implemented across TNB
          Beyond compliance, the framework enables TNB to streamline biodiversity efforts to be
          more focused and ensure continuity beyond project completion.  environmental management practices.      operations.


                                    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
   29   30   31   32   33   34   35   36   37   38   39