National Grid Named as One of World’s Most Ethical Companies for Sixth Time

• Company named as World’s Most Ethical Company 2016
• This is the sixth time the company has received the award

March 11, 2016 /3BL Media/ - National Grid has been named as a World’s Most Ethical Company for 2016 for a sixth time.

The accolade has been awarded by the Ethisphere Institute, the global leader in defining and advancing the standards of ethical business practices, and recognises organisations which foster a culture of ethics and transparency at every level of the company.

National Grid has received the award five times before for its ethics and compliance programme and is one of 130 named this year across 21 countries, 54 industry sectors and five continents.

National Grid VP for Group Assurance, Cheryl Young said: “This distinction once again shows that we have made great strides in building ethics into our corporate culture. Every year the bar gets raised and we continue to drive our programme towards best in class. With strong leadership, we have been able to embed ethics into the fabric of everything we do.”

Ethisphere’s Chief Executive Officer Timothy Erblich said: “Companies rely on Ethisphere to continually raise and measure the standards of corporate behaviour. Those that demonstrate leadership in areas like citizenship, integrity and transparency create more value for their investors, communities, customers and employees, thus solidifying a sustainable business advantage. Congratulations to everyone at National Grid for being recognised as a World’s Most Ethical Company.”

The World’s Most Ethical Companies® programme honours companies which  excel in three areas: promoting ethical business standards and practices internally; enabling managers and employees to make good choices; and, shaping future industry standards by introducing tomorrow’s best practices today. Recognised businesses have also historically outperformed others financially, demonstrating the connection between good ethical practices and performance that’s valued in the marketplace.

Contact for media information only:

Sara Revell

sara.revell@nationalgrid.com

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Notes to Editors:

National Grid is one of the largest investor-owned energy companies in the world and has been named Responsible Business of the Year 2014 by Business in the Community. We own and manage the grids that connect people to the energy they need, from whatever the source.  In Britain and the north-eastern states of the US we run systems that deliver gas and electricity to millions of people, businesses and communities.

In Britain, we run the gas and electricity systems that our society is built on, delivering gas and electricity across the country.  In the North Eastern US, we connect more than seven million gas and electric customers to vital energy sources, essential for our modern lifestyles.

National Grid in the UK:

• We own the high-voltage electricity transmission network in England and Wales, operating it across Great Britain
• We own and operate the high pressure gas transmission system in Britain
• Our gas distribution business delivers gas to 10.9 million homes and businesses
• We also own a number of related businesses including LNG importation, land remediation and metering
• National Grid manages the National Gas Emergency Service free phone line on behalf of the industry - 0800 111 999 (all calls are recorded and may be monitored).
• Our portfolio of other businesses is mainly concerned with infrastructure provision and related services where we can exploit our core skills and assets to create value. These businesses operate in areas such as Metering, Grain LNG Import, Interconnectors and Property. National Grid Carbon Ltd is a wholly owned subsidiary of National Grid. It undertakes Carbon Capture Storage related activities on behalf of National Grid.

National Grid in the US:

• National Grid delivers electricity to approximately 3.4 million customers in New England and upstate New York
• We own 3.8 gigawatts of contracted electricity generation, providing power to over one million LIPA customers
• We are the largest distributor of natural gas in northeastern U.S., serving approximately 3.5 million customers in New York, Massachusetts and Rhode Island.

Find out more about the energy challenge and how National Grid is helping find solutions to some of the challenges we face at www.nationalgridconnecting.com