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Tenaga Nasional

Tenaga Nasional is a publicly listed company headquartered in Malaysia with a minority stake held by the state. In 2022 its revenue was USD 11.61 billion. Tenaga is the sole electric utility company in Malaysia, with operations in energy generation, transmission and distribution. The company also has operations in South Asia, the Middle East and Europe and owns a university in Selangor.
Ranking position
#40 /68
Total score
21.8 /100

14.7 /60
Core social indicators
4.0 /20
Just transition
3.1 /20

ACT score components

Performance score
4.3 /20
Narrative Score
Trend Score
  • Trend line is up
  • Trend line is equal
  • Trend line is down
Performance module name Performance module score Rank


#1 14.0 /100 #41

Material investment

#1 12.5 /100 #47

Intangible investment

#1 25.4 /100 #13

Sold products

#1 7.4 /100 #41


#1 37.0 /100 #45

Supplier engagement

#1 0.0 /100 #43

Client engagement

#1 46.3 /100 #11

Policy engagement

#1 49.0 /100 #24

Business model

#1 34.0 /100 #31
Indicates the score for the top performing company.

Act Assessment

Leading Practices

No leading practices were identified for this company.

Risks and Opportunities


Tenaga Nasional receives a trend score of =. If the company were reassessed in the near future, its score would likely remain the same. Although Tenaga has set emissions reduction targets, the majority of the company’s commitments are for 2030 and beyond, and they are not ambitious enough to align with the company’s 1.5°C pathway. The company has not created a transition plan as yet but has committed to develop one within the next two years. It will also start reporting its scope 3 emissions from 2023 onwards. The company intends to more than double its renewable energy capacity by 2025.

Progress towards the Paris Agreement

Social assessment

Just transition assessment

Core Social Assessment

See results for

  1. 2020
  2. 2021

More about the company

Kuala Lumpur, Malaysia
Group revenue
US$ 11,611 million (FY2022)
Group employees
34,699 (FY2022)
Publicly listed with minority stake held by state
Installed capacity
18.2 GW
Company filing name
Tenaga Nasional Berhad

This company is part of the SDG2000, the 2,000 most influential companies

See company profile