catalysing a responsible and sustainable energy transition within the country. At the core of these efforts is TNB’s commitment to balancing the energy trilemma - affordability and access, energy security, and environmental sustainability - aligning with the nation-building agenda through education, vendor programmes, employment opportunities, and training. FROM OUR LEADERSHIP Sec 2 49 ACHIEVING OUR STRATEGIC AMBITIONS Accelerating a Responsible Energy Transition In 2023, TNB contributed to Malaysia’s concerted efforts to accelerate a responsible ET, through various initiatives and programmes aimed at enhancing Malaysia’s RE capabilities and fostering a greener energy landscape. A cornerstone of these efforts was the government’s launch of the NETR during The Energy Transition Conference 2023 that was organised by TNB on 28-29 August 2023. The NETR outlines strategic projects and initiatives based on keyEnergy Transition levers: Energy Efficiency, Renewable Energy, Hydrogen, Bioenergy, Green Mobility, and Carbon Capture and Utilisation Storage. TNB has been entrusted as a champion for several NETR flagship projects, underscoring the important role we have to play in driving the country’s energy transition efforts. In support of the energy transition, the government expanded the Corporate Green Power Programme by an additional 200MW, bringing the total quota to 800MW. This expansion, coupled with the extension of the application deadline, signifies a strong push towards increasing corporate participation in renewable energy generation. Similarly, the expansion of the Net Energy Metering (NEM) programme through an additional quota allocation of 1,450MW under NEM 3.0, reflects a concerted effort to facilitate the adoption of solar energy and enhance energy sustainability within the business sector. TNB’s active participation in the ET journey was further showcased at the Conference of the Electricity Power Supply Industry (CEPSI) 2023 and the 28th Conference of the Parties (COP28) to the UN Framework Convention on