National Grid Recognised for Climate Change Transparency

• National Grid recognised by the Carbon Disclosure Project (CDP) for its transparent approach and quality of climate change data.
• National Grid awarded a position on the FTSE 350 Climate Change Disclosure Leadership Index (CDLI) for the third year running.

November 9, 2015 /3BL Media/ - National Grid has been recognised as a FTSE 350 leader by the Carbon Disclosure Project (CDP), for the quality of information it has provided about its C02 emissions.

The energy network company scored 99 out of a possible 100, when disclosing high quality carbon emissions and energy data through CDP’s climate change programme.

National Grid’s score, which was independently assessed against CDP’s well-respected scoring methodology, means it has been awarded a position on the UK FTSE 350 Climate Disclosure Leadership Index (CDLI) for the third year running. Only those organisations that score within the top 10% constitute the CDLI.

Stuart Bailey, head of sustainability and climate change at National Grid, said: “Being recognised as a FTSE 350 leader by the CDP is a great achievement for National Grid. It demonstrates our transparent approach and the in-depth detail we have provided about our carbon emissions.

“This is the third year running we have been awarded a position on CDLI and builds on the success we enjoyed last year. By benchmarking and tracking the amount of carbon dioxide we emit, we can not only monitor progress, but also set clear goals for the future.”

Paul Dickinson, executive chairman and co-founder of CDP added: “As the world looks beyond the Paris climate change negotiations and prepares for a low carbon future, reliable information about how companies are responding to the transition will be ever more valuable. For this reason we congratulate those businesses that have achieved a position on CDP’s Climate Disclosure Leadership Index.”

At the request of 822 investors who represent US $95 trillion in assets, thousands of companies submit annual climate change disclosures to CDP. Top scores indicate a high level of transparency in the disclosure of climate change-related information, providing investors with a level of comfort to assess corporate accountability and preparedness for changing market demands and emissions regulation.

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Contact for media information only

Press Officer
David Lavender
david.lavender2@nationalgrid.com 
+44 (0)7989 665946 
+44 (0)1926 653942 

Notes to Editors:

National Grid is one of the largest investor-owned energy companies in the world and was named Responsible Business of the Year 2014 by Business in the Community. This accolade acknowledges all of our efforts in getting involve with the things that really matter to us and to society. 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.

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

National Grid undertakes no obligation to update any of the information contained in this release, which speaks only as at the date of this release, unless required by law or regulation.