Governance

The Board of National Grid is committed to embedding leading governance practices within the operations of the Group. This commitment is based on compliance with the Combined Code and both established and emerging best practice. It extends through National Grid’s Framework for Responsible Business, codes of conduct for employees and involvement in the Business Leaders Initiative on Human Rights.

Documents relating to National Grid’s governance (eg National Grid’s Framework for Responsible Business, Board Committee terms of reference, codes of conduct and position statements) can be found on the Group website at www.nationalgrid.com/corporate/about+us.

The Company complied fully with all provisions set out in Section 1 of the Combined Code throughout the year.