PETALING JAYA: State-controlled Tenaga Nasional Bhd (TNB), which produces the bulk of its electricity from dirty fossil fuels, has been shoring up its environmental, social and governance (ESG) profile. Hong Leong Investment Bank (HLIB) Research said TNB's ESG ratings have improved in 2023-2024, indicating the power giant's commitment in managing and transparently reporting on ESG matters. "The group's continuous engagement with ESG rating agencies has provided insights on its ESG efforts and the group leverages on these ESG assessments to improve on its sustainability strategies and operational frameworks. "TNB has shown its utmost commitment with the establishment of the board sustainability and risk committee, as well as chief sustainability officer to develop and implement the group's sustainability pathway towards achieving net-zero emissions by 2050," HLIB Research said.