At National Grid we are delivering critical and green investment to enable the decarbonisation of power, transport and heat, and lead a clean, fair and affordable energy transition across our jurisdictions. In doing so we're committed to making a positive societal impact by acting as a responsible business in everything we do. Its enshrined in our purpose - to Bring Energy to Life. For more information visit our Responsibility page.
On 6 September, we were proud to release our updated Responsible Business Charter. Our new Charter outlines our simplified approach to responsibility and refreshes our commitments to ensure we address the evolving needs of a clean, fair and affordable energy future.
A series of short, virtual sessions covering our ambitions and progress across a range of ESG themes. Stay tuned for further events and updates.
February 2024: Our CEO, John Pettigrew was joined by our UK Electricity Transmission President, Alice Delahunty and UK Electricity Distribution President, Cordi O’Hara to discuss all things UK connections. The session focused on how the current pipeline of projects across our networks has come about, the progress we’ve made in connecting customers and in working with industry partners to address historical process issues, as well as highlighting what we're advocating for from industry and government to ensure an efficient transition towards net zero.Watch webinar
To be held accountable against our environmental, societal and governance business commitments, National Grid is proud to share reporting data and have its sustainable efforts analysed. In collaborating with global organisations and participating in sustainable initiatives, National Grid is confident it can deliver its responsible business commitments.
Workforce Disclosure Initiative
In 2022 National Grid took part in the Workforce Disclosure Initiative for the 5th consecutive year. We were awarded a disclosure score of 84% and received a special mention at the annual WDI Transparency Awards in the Workforce Action category.
Carbon Disclosure Project
In 2022 National Grid received an A-list rating for its Climate Change related disclosure. Environmental transparency and accountability are vital to ensuring National Grid deliver its environmental commitments.
As of March 2023, National Grid had a ESG Risk Rating of 22.0 from Sustainalytics and was assessed to be at Medium Risk of experiencing material financial impacts from ESG factors.
As of 2023, National Grid had an AAA ESG rating, highlighting it as an industry leader in managing its most significant ESG risks and opportunities.
Institutional Shareholder Services
In 2022, National Grid were awarded Prime Status by ISS in relation to its Corporate ESG Performance. National Grid fulfils ambitious absolute ESG requirements and scores above peers in its' industry index group.
National Grid is a longstanding constituent of the FTSE4GOOD Index Series, which is designed to measure the performance of companies demonstrating strong ESG practices.
Bloomberg Gender Equality Index
National Grid is one of 484 companies across 45 countries to be included in the 2023 Bloomberg Gender-Equality Index (GEI), which aims to track the performance of public companies committed to transparency in gender-data reporting.
S&P Global Ratings
In Sept 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.
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