fuel is employed to produce an equivalent amount of electricity. The efficiency of a thermal power plant is typically measured using a parameter called “heat rate” or “thermal efficiency”. A lower heat rate indicates a more efficient power plant because it means that less fuel is required to produce each unit of electricity. We continue to monitor and implement initiatives to improve thermal power plant efficiency, aiming to sustain the efficiency at its designed level. Our efforts have produced a commendable enhancement of the efficiency (heat rate) of thermal power plants in the TNB portfolio, registering an improvement of +1.12% from 2022 to 2023. The resulting carbon emissions reduction was 301 KtCO2e. With the myTNB mobile app, customers with smart meters are further empowered to embrace an energy efficiencylifestyle through interactive energy usage alerts, specifically through the Energy Budget feature. This innovative tool is part of a suite of digital solutions designed to guide customers towards a more sustainable and energy efficiency way of living. From its inception, the Energy Budget programme has achieved amazing traction, with over 287,625 customers enrolling for its benefits. T ogether, they have made substantial strides towards a cleaner, greener world, contributing to a collective reduction of 114,953,188kWh. This collective effort is equivalent to erasing 80,711 tCO2e of carbon emissions. Moreover, the aggregated cost savings resulting from energy efficiency management amounted to a total of RM50,537,412. We have established climate-related targets as milestones in realising our net zero aspiration: by 2025, with accelerated RE investment by 2050 8.3GW* RE capacity by 2035 and Net Zero Emissions by 2050, compared to base year 2020 35% Reduction of Scope 1 emissions intensity by 2035 and 100% by 2050, compared to base year 2020 50% Reduction of coal capacity of our total revenue starting in 2021 25% Revenue from coal generation plants does not exceed * for assets under