assets under operation/construction/development.TNB is exploring carbon offsetting for the remaining hard-to-abate emissions with nature-based carbon trading options. This solution is still at the development stage as we strive to implement carbon reduction initiatives first and aggressively invest in promoting RE options and innovative technological solutions before pursuing the carbon trading market option. In 2023, TNB embarked on exploring the feasibility of CCS through a joint study with PETRONAS to capture, transport and store carbon deep underground in geological formations. We continue to work with industry partners, academic institutions and government agencies to accelerate our ET Plan and achieve our milestones towards Net Zero by 2050. Nature-Based Solution Through Tree-planting Programme In2023,wecontinuedourtree-plantinginitiativethroughtheMyBrighterGreenProgrammetocommemorateTNB’s74th anniversary.ThisinitiativewasundertakenacrossTNBGroup,throughwhichweplanted6%moreofthetargeted74,000treesat42designatedareasacrossMalaysia(equivalentto842.28tCO2ecarbonsequestered). Adopting Carbon Capture Technologies Exploring Carbon Market Trading OUR PERFORMANCE SUSTAINABILITY DISCLOSURES ON MATERIAL MATTERS Sustaining PowerPlant Efficiency Managing GHG Emissions from Substations Improving Energy Efficiency in Our TNB Office Buildings Energy Efficiency through Greater Customer Empowerment Enhance Operational Efficiency Across the Value Chain We aim to lower our sulphur hexafluoride (SF6) fugitive emissions from our substations through recycling at our SF6 Gas Recycling and Reconditioning Centre and reusing the gas in these assets to promote a circular economy. In 2023, a campaign called “Drip by Drip, Watt by Watt” was launched by the TNB Global Business Solutions (TGBS) Division with the aim of promoting energy efficiency by reducing electricity and water consumption and involving 109 TNB-owned offices. Since the campaign’s start in July 2023, the usage of electricity and water has been captured and monitored