Responsible Business Report

Overview

The report describes National Grid's 2023/24 progress in delivering the energy transition. It reports an 11.8% reduction in Scope 1 and 2 emissions against the 2018/19 baseline, alongside 3,030 MW of renewable capacity connected in the UK and US. Around 78% of Group capex, or £6.0 billion, aligned with EU Taxonomy principles for sustainable investment. The report also highlights the scale of the workforce, with 31,416 employees across the UK and US.

Document

Report type: Sustainability Report
Class: Dedicated
Scope: Full report
Fiscal year: 2024
Period: 1 April 2023 – 31 March 2024
Language: English
Pages
File size
Restatement: Disclosed

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Standards

GRI
SASB
TCFD
ISSB
ESRS
Integrated Reporting Framework
GHG Protocol
EU Taxonomy
CDP
Other

Commitments

UN Global Compact
UN Guiding Principles
Science Based Targets initiative

Ratings

GRI level
SBTi status
CDP score

Materiality

Assessment
Basis
Matrix

Assurance

Provider
Level
Standard
Scope
Statement included
Metrics assured

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Overview