Acquisition of overseas RE assets crucial for roadmap

TNB CEO Baharin Din: Under the Sustainable Pathway, our ambition is to reduce our carbon emission intensity by 35% and cut 50% of our coal-generation capacity by 2035. Eventually, we want to have zero emissions by 2050.

ENVIRONMENTAL, social and governance or ESG is growing in importance globally. A crucial part of this relates to renewable energy (RE) and its production, consumption and increasing importance being given to it by global investors.

Last week, utility giant Tenaga Nasional Bhd (TNB) rolled out a 30-year roadmap it has dubbed its “Sustainability Pathway”.