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 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