Annual Report and Financial Statements

Overview

The report presents UK Power Networks as the UK's largest electricity distribution network operator, serving 8.5 million homes and businesses. It reports 39,966 tonnes of CO2 emissions and 171,293 MWh of energy consumed for the year. Sustainability governance includes a Board ESG Subcommittee, while the Group reports verified science-based targets, including net zero for directly controllable Scope 1 and 2 emissions by 2028 and a 25% reduction in supply-chain Scope 3 emissions by 2028 against a 2018/19 baseline.

Document

Report type: Annual Report with Sustainability Disclosures
Class: Embedded
Scope: Full report
Fiscal year: 2022-2023
Period: 1 April 2022 – 31 March 2023
Language: English
Pages
File size
Restatement: Disclosed

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

SBTi status

Materiality

Assessment
Basis

Assurance

Statement included

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