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.
We've set out what responsibility means to us in our Responsible Business Charter, which identified 5 pillars where we can have the most impact on society; the environment, the communities we serve, our people, the economy, and our governance.
We report our performance annually through our Responsible Business Report.
1All statistics from reporting year 2020/21 unless specified
2Source data: Office for National Statistics Gender Pay Gap Report 2020
3Green capex as defined by National Grid's Green Financing Framework which excludes spend on connecting nuclear power and lowering methane emissions.
The “Grid Guide To…” series are short, virtual sessions covering our ambitions and progress across a range of ESG themes. Stay tuned for further events and updates.
March 2022: Chief Procurement Officer, Vivienne Bracken and our Procurement leaders discuss how National Grid are driving a sustainable supply chain and it’s importance in the context of our responsible business commitments.Listen to the podcast
To be held account 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
National Grid is one of the 173 companies who took part in the 2021 Workforce Disclosure Initiative which aims to improve transparency and accountability on workforce composition across operations and supply chains.
Carbon Disclosure Project
In 2021 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 Oct 2021, National Grid received an ESG Risk Rating of 16.6 from Sustainalytics and was assessed to be at Low Risk of experiencing material financial impacts from ESG factors.
As of 2021, 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 2021, National Grid were awarded Prime Status by ISS in relation to its Corporate ESG Performance score. Highlighting National Grid’s fulfilment of ambitious absolute ESG requirements and scoring 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 418 companies across 45 countries and regions to be included in the 2022 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 May 2021 S&P Global Ratings assigned National Grid plc an ESG evaluation score of 82/100. This reflects a robust governance structure, strong preparedness for disruptions, and overall effective management of environmental and social risks.
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