‘Towards a 35% RE Capacity Mix by 2025’

2025 TARGET

0

4

8

,

0

3

6

,

1

6

3

Current Renewable Energy Generation (kWh)

Overview

The incorporation of Terengganu Inc underlines the state government’s firm commitment for value creation and increasing returns on investments to fund socio-economic development programmes and ensure Terengganu’s sustainable long-term growth.

Terengganu Inc regards sustainability as a way to maintain our profitability and competitiveness, both at present and in the future, while safeguarding our stakeholders, including our employees, clients, communities, and the environment. Terengganu Inc is committed to ensure the business practices align with the Sustainable Development Goals (SDGs) and Environment, Social and Governance (ESG) principles.

While the SDGs provide a globally recognized framework for addressing societal and environmental challenges, the ESG principles will guide Terengganu Inc in integrating sustainability and ethical considerations into the operations to shape the corporate landscape and drive sustainable business practices. By embracing the SDGs and aligning with ESG principles, we can foster long-term growth, and enhance our resilience in the current dynamic environment.

Terengganu Inc demonstrating its strong commitment towards decarbonized economy through the introduction of ESG target for the Group on Renewable Energy.

Sustainability Aspirations

LONG TERM VALUES

Continued long-term value creation through responsible and sustainable investment by integrating ESG principles into investment processes and decision-making to generate competitive financial returns

RESPONSIBLE LEADERSHIP

As the State investment arm, we have a significant responsibility to contribute to the effort to create a more sustainable future for long-term resilience by integrating our business approach with the environment we operate in and to maintain and encourage continuity of balance between people, planet, and profit.

Framework

Resource Efficiency, Social Empowerment and Corporate Governance are the three broad sustainability priority areas in our framework.
We devised a sustainability framework that serves as a roadmap for Terengganu Inc's long-term sustainability efforts.

The framework is developed in line with the with UN's Sustainable Development Goals (SDGs) and ESG initiatives to better position Terengganu Inc in delivering our sustainability aspirations and commitments.

Terengganu Inc will strengthen the Shariah compliance culture in every element of its corporate practices.

Environmental

6.0MW

Biogas Plant installed

0.8MW

Installation for solar rooftop

7.5kW AC

EV charging Station at Primula Beach Resort

173,220 Trees

Tree planting ast at December 2022 in support of '100 million Tree Planting Campaign' for 2021-2025

18.5MW

Solar farm installed

MSPO and RSPO

Certification in Plantation

50MWh

International Renewable Energy Certificates by I-REC Standadrd

FSC and PEFC

Certification in Forestry

Social

Implementation of flexible working arrangement

11.4mil

CSR value FY2022

Collaboration Agreement with UniSZA on Strategic Investment

MoU with UiTM on Business Education Partnership

Implementation of Talent Management

78% Low Risk

TI Staff accredited with 'Low Risk' on Annual Health Screening 2023 (13% 'Low Risk' in 2021)

Establishment of Safety & Health Committee (OSHA 1994)

28% female

Employees’ gender inclusivity across the Group

17 Female Directors

Newly appointed of 2 female directors

Governance

Adoption of MCCG 2021 governance best practice

Compliance to Bursa Sustainability Reporting Guide for PLC

Establishment of Integrity Framework

Establishment of Shariah Governance Framework and Shariah Committee

Establishment of Board Charter

Establishment of ERM Framework, Risk Appetite Statement and Risk Matrix

Participation in FTSE4good Bursa Malaysia and Bursa Public Listed Company Transformation

Rated as STABLE Company by National Audit Department