and its support for the government’s agenda were also manifested through alignment with the 12th Malaysia Plan 2021-2025, Key Ministries Strategic Planning 2025, and the visions and missions of State Governments. These efforts underscored TNB’s dedication to facilitating a smooth transition towards a more sustainable and renewable energy (RE) landscape, reinforcing its position as a key player in Malaysia’s journey towards achieving a 70% RE target by 2050. We also recognise the evolving challenges within the regulatory landscape such as the formation of a new energy ministry in December 2023. These structural adjustments have tangible implications for the governance of the energy sector. In response, our Strategic Engagement Roadmap for 2023 identified 21 Key Focus Areas, with a priority on engagements related to the Regulatory Period 4 proposal andthe communication plan for the Imbalance Cost Pass-Through (ICPT) mechanism. We will continue to be guided by our consistent, professional and collaborative approach with regulatory stakeholders, noting that our Regulatory Relationship Strength Index (RRSI) score has improved further. In 2023, TNB achieved its highest RRSI score yet, with an impressive Trust Index of 92%. This score reflects a strong rapport and trust between TNB and the regulators, showcasing a notable increase from previous years and indicating a consistent upward trajectory in stakeholder relations. The RRSI serves as a crucial metric, evaluating the level of stakeholders’ trust in TNB and highlighting the company’s ability to understand and meet the needs of key stakeholders for future improvement plans. Strengthening the Electric Supply Industry (ESI) In 2023, TNB continues to contribute towards reinforcing the structure and sustainability of the ESI in Malaysia. A key initiative in this endeavour was TNB’s active participation in the “Future-proofing MESI Study,” spearheaded by MyPower. This study was aimed at identifying optimal pathways for the evolution of the Malaysian Electricity Supply