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In November 2019, we published our first Green Financing Framework, under which National Grid plc and its subsidiaries can issue Green Financing Instruments to fund our efforts towards a cleaner energy system. Our Green Financing Framework was updated in July 2021, and is aligned with the Green Bond Principle (2021) and Green Loan Principles (2021). It is also aligned as closely as possible with the EU Taxonomy Regulation and the EU Taxonomy Delegated Acts on Climate Change Mitigation and Adaptation. ISS-ESG provided a second party opinion on our updated Framework.
In line with the commitments detailed in our Framework, in December 2020 we published our first Green Financing Report which covers the allocation of our green bonds' proceeds and their environmental impact.
In addition, in September 2022 S&P Global Ratings assigned National Grid plc an ESG evaluation score of 83/100. This reflects a robust governance structure, strong preparedness for disruptions, and overall effective management of environmental and social risks.
Please contact us through [email protected] should you have any questions.
2019 - National Grid Green Financing Framework - November 2019
2022 Green Financing Report - June 2022 (included in Responsible Business Report 2021/22)