National Grid PLC 2023 SR
The report highlights National Grid's progress toward a clean energy future, achieving a 70% reduction in Scope 1 and 2 emissions against its 1990/91 baseline. The company invested £7.7 billion in energy infrastructure, with 75% of capital expenditure aligned with the EU Taxonomy. Social initiatives included a £65 million energy support fund for vulnerable households in the UK and US and providing skills development to over 6,500 people. Despite progress, the company reported two workplace fatalities and a slight increase in Scope 3 emissions. National Grid remains committed to achieving net zero by 2050 while maintaining high standards of governance and board diversity.
Company: National Grid PLC
Sector: Utilities
Country: United Kingdom
Year: 2023
Type: SR
Pages: 61
National Grid PLC
Responsible Business Report
The report highlights National Grid's progress toward a clean energy future, achieving a 70% reduction in Scope 1 and 2 emissions against its 1990/91 baseline. The company invested £7.7 billion in energy infrastructure, with 75% of capital expenditure aligned with the EU Taxonomy. Social initiatives included a £65 million energy support fund for vulnerable households in the UK and US and providing skills development to over 6,500 people. Despite progress, the company reported two workplace fatalities and a slight increase in Scope 3 emissions. National Grid remains committed to achieving net zero by 2050 while maintaining high standards of governance and board diversity.
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Document Details
Report Year
2023
Reporting Period
Apr 1, 2022 - Mar 31, 2023
Fiscal Year
2023
Type
Sustainability Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
Sustainable Development Goals
Other Standards
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Scope 3:
Energy Consumption
Renewable Energy
Water Consumption
Total Waste
Women in Management
Workplace Fatalities
Net Zero Target
Employees