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.
Responsible Business Report 2023/24
Our latest Responsible Business Report, which was released on 31 May 2024, shows our progress against our commitments and ambitions as laid out in the Responsible Business Charter.
Investor event: Accelerating UK Connections
On 8 February, we hosted an investor event live from our London office, focussing on connections to our UK Electricity Transmission and Distribution networks. The presentation was followed by a live Q&A.
Investor webinar: Responsible Business 2022/23
On 21 September, our CEO, John Pettigrew and members of the executive presented our ESG performance highlights for 2022/23, as well as the key updates to our new Responsible Business Charter.
Updated Responsible Business Charter 2023
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.
Our Responsible Business Report 2023/24 highlights
Grid Guide to...
A series of short, virtual sessions covering our ambitions and progress across a range of ESG themes. Stay tuned for further events and updates.
Grid Guide to: Accelerating UK Connections
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.
Awards and recognition
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.
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| MSCI^ 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. |
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| Sustainalytics* As of September 2024, National Grid had a ESG Risk Rating of 16.1 from Sustainalytics and was assessed to be at Low Risk of experiencing material financial impacts from ESG factors. |
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| Institutional Shareholder Services In April 2024, 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. |
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| Carbon Disclosure Project In 2023 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. |
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| Workforce Disclosure Initiative In 2024 National Grid took part in the Workforce Disclosure Initiative for the 7th consecutive year. We were awarded a disclosure score of 85% compared to the sector average of 62% |
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| FTSE4Good National Grid is a longstanding constituent of the FTSE4GOOD Index Series, which is designed to measure the performance of companies demonstrating strong ESG practices. |
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| 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. |
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^The use by National Grid of any MSCI ESG Research LLC or its affiliates (“MSCI”) data, and the use of MSCI logos, trademarks, service marks or index names herein, do not constitute a sponsorship, endorsement, recommendation, or promotion of National Grid by MSCI. MSCI services and data are the property of MSCI or its information providers and are provided ‘as-is’ and without warranty. MSCI names and logos are trademarks or service marks of MSCI.