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National Grid

Annual Report and Accounts 2006/07

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How we do business

We believe that delivering sustained value depends on the trust and confidence of our key stakeholders. To support this we have introduced new ‘Standards of Ethical Business Conduct’ that will replace our existing US and UK codes of ethics. The new Standards provide a common set of practical guidelines to help our employees meet our high ethical standards in their everyday business decisions and are supported by advice teams who can help provide guidance about all aspects of business conduct. While the Standards can only apply to National Grid's employees, work is ongoing to ensure that our suppliers have codes of ethics in place that reflect our high ethical standards.

National Grid employees in a control room