Progressing Towards a
Sustainable Future
At TNB Genco, we are dedicated to empowering progress and making positive impact as an organization to make sure that we are constantly aligning our business direction and effort towards the UN’s Sustainable Development Goals (SDGs). Apart from making positive impact, the aim is also to attract commitments from increasingly climate-conscious investors.
Our
Sustainability Pillars
As a wholly-owned subsidiary of TNB, we carry the same commitment as TNB to become a socially and environmentally responsible organization. Our sustainability pillars are the cornerstone of our progress.
With this, we have adopted the SDGs below supported by evidence, practical commitment and action.
Ensure access to affordable, reliable, sustainable and modern energy for all
Our efforts in achieving SDG7
With our latest Combined-Cycle Gas Turbine (CCGT) which delivers high efficiency and cleaner technology that produces up to 50% more electricity from the same fuel than a traditional simple-cycle plant, combined with our hydro schemes, we are confident that we are able to address the ongoing global Energy Transition, so future energy sources are greener, cleaner and renewable as the world seeks to decarbonize in order to mitigate climate change.
We prioritize energy efficiency, clean energy technology and related infrastructure. Our CCGT power plants have contributed cleaner domestic energy generation capacity of 5.13GW.
Make cities and human settlements inclusive, safe, resilient and sustainable
Our efforts in achieving SDG11
Since most of our power stations are situated in remote areas, we have contributed tremendously in the development of the surrounding areas and townships such as creating new job opportunities, improving basic services and upgrading standard of living with better quality infrastructures that are more resilient and sustainable.
In our latest hydro scheme project development in Nenggiri, Kelantan another sustainable community will be developed for the Orang Asli settlement and the surrounding rural communities that will create more economic opportunities by 2026.
Take urgent action to combat climate change and its impact
Balance between our business continuity and environmental protection as a path to provide better future for all.
Our efforts in achieving SDG13
Environment
- Annual mangrove planting programmes to improve the protection of coastal environments and encourage the production of sustainable fisheries. Since 2013, over 1000 mangrove saplings are planted every year, totaling 18 800 saplings to date.
- Preservation of the Kelah sanctuaries in conjunction with the development of the Hulu Terengganu and Sungai Perak hydro schemes.
Sustainability
- Expand our Ultra Supercritical Coal-Fired (USC) power plants with the commercialization of the Tuanku Muhriz Power Station, Jimahin Port Dickson, Negeri Sembilan with a capacity of 2 x 1GW.
- Southern Power Generation’s (SPG) 1.4GW natural gas–fired power plant in southern Malaysia is equipped with the first commercial GE 9HA.02 gas turbines—one of the world’s largest and most efficient power-generating models.
Our
Sustainability Sukuk
TNB Genco has established its inaugural Sukuk Wakalah Programme of up to RM10.0 billion in nominal value. The Sukuk Wakalah Programme will give TNB Genco the flexibility to issue both Sukuk Wakalah and Sustainability Sukuk Wakalah.
The TNB Genco Sustainability Sukuk Framework, launched in April 2022, governs the issuance of Sustainability Sukuk Wakalah by TNB Genco. The framework reinforces TNB Genco’s role in upholding TNB’s sustainability pillars in becoming a socially and environmentally responsible organization and the achievement of the selected UN SDGs.
MARC Ratings Berhad (“MARC”) as the independent external reviewer has assigned a “Gold” rating to TNB Genco Sustainability Sukuk Framework.
Find out more about TNB Genco’s Sustainability Sukuk Framework and MARC’s Sustainability Sukuk Framework Assessment here: