Corporate Governance
Governance
The Board of National Grid plc remains committed to embedding leading corporate governance practices throughout the organisation. It is responsible for ensuring that proper governance arrangements for the Company and its businesses, based on the Combined Code and current and developing best practice, are in place. The Board leads the Company's governance through National Grid's Framework for Responsible Business and its standards of conduct for all employees. We are also involved in the Business Leaders Initiative on Human Rights and have developed an inclusion and diversity vision for our businesses. The framework and standards described above, plus other documentation relating to National Grid's governance, can be found on our website at www.nationalgrid.com.
We complied fully with all the provisions set out in Section 1 of the Combined Code on Corporate Governance, as issued by the Financial Reporting Council in 2003, throughout the year. We also seek to comply with various corporate governance guidelines, such as those issued by the Association of British Insurers, the National Association of Pension Funds and the Hermes Principles.