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National Grid

National Grid, based in London, United Kingdom, is one of the world's largest publicly listed electric utilities, delivering energy to over 28 million customers in the UK and US. The company owns the high-voltage electricity transmission network in England and Wales, and owns and operates electricity distribution networks in upstate New York and Massachusetts. National Grid was re-listed on the London Stock Exchange in 1995, following re-privatisation of the UK energy grid in 1990.

Summary

National Grid reports on numerous sustainability topics but has potential to strengthen its performance in many areas. National Grid receives full points on the benchmark for its strong sustainability strategy but can strengthen accountability by disclosing the teams responsible for implementing this strategy and by linking executive remuneration to ESG targets.

The company discloses its partnerships with local governments and regulators on energy rate policies to reduce the impact of rising oil and gas prices on consumers. It also reports its annual contribution to consumer bills through its energy support fund, as well as the average bill for low-income customers. National Grid can further strengthen its efforts in this area by establishing future targets for improving energy affordability.

National Grid reports annually on its air pollution parameters, energy efficiency, and greenhouse gas emissions, but it is yet to demonstrate quantitative reductions in these impacts over time. The company also has an opportunity to improve its disclosure on natural disaster risk assessment and emergency response plans in order to contribute to urban resilience in the locations where it operates.

Ranking position: #13 /300
Total score: 28.9 /100

Measurement area	Score	Rank (0-300)
Governance & Strategy	#1 35.8 /100	#4
Inclusive Cities	#1 44.2 /100	#14
Healthy Cities	#1 11.7 /100	#66
Climate Proof & Resilient Cities	#1 16.7 /100	#67
Core Social Indicators	#1 36.1 /100	#27

Industries
Energy distribution	#5

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More about the company

Headquarters: United Kingdom
Ownership structure: Public
Revenue: USD 26,740 billion (2022)
Number of employees: 29440 (2022)
Website: https://www.nationalgrid.com

This company is part of the SDG2000, the 2000 most influential companies

See company profile SDG2000