National Grid PLC 2024 SR
The report details National Grid's progress in the 2023/24 fiscal year towards its Responsible Business Charter goals. Key highlights include an 11.8% reduction in Scope 1 and 2 emissions against a 2018/19 baseline and connecting 3,030 MW of renewable energy capacity. The company invested £6.0 billion in green capital expenditure, aligning with the EU Taxonomy. Social initiatives included providing skills development to over 18,000 people and contributing £39.7 million to emerging technologies through National Grid Partners. Despite these gains, Scope 3 emissions increased by 0.8% due to infrastructure investment, and the company faced challenges in meeting gender diversity targets for new talent.
Company: National Grid PLC
Sector: Utilities
Country: United Kingdom
Year: 2024
Type: SR
Pages: 41
National Grid PLC
Responsible Business Report
The report details National Grid's progress in the 2023/24 fiscal year towards its Responsible Business Charter goals. Key highlights include an 11.8% reduction in Scope 1 and 2 emissions against a 2018/19 baseline and connecting 3,030 MW of renewable energy capacity. The company invested £6.0 billion in green capital expenditure, aligning with the EU Taxonomy. Social initiatives included providing skills development to over 18,000 people and contributing £39.7 million to emerging technologies through National Grid Partners. Despite these gains, Scope 3 emissions increased by 0.8% due to infrastructure investment, and the company faced challenges in meeting gender diversity targets for new talent.
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Document Details
Report Year
2024
Reporting Period
Apr 1, 2023 - Mar 31, 2024
Fiscal Year
2024
Published
May 23, 2024
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:
Water Consumption
Total Waste
Women in Management
Workplace Fatalities
Net Zero Target
Employees