National Grid plc

Greenhouse gas emissions & sustainability report data

πŸ“Š Latest report period: 2023-24πŸ—‚οΈ Report periods on file: 2023-24, 2022-04 to 2023-03, 2020-04 to 2021-03, 2019, 2007-04 to 2008-03

In its 2023-24 reporting, National Grid plc disclosed greenhouse gas emissions of 34.2K ktCO2e/year. Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.

πŸ’¨
GHG Emissions
34.2K ktCO2e/year
2023-24

πŸ“ˆ Emissions by Report Period

Report periodHeadline emissions figure reported
2023-2434.2K ktCO2e/year
2020-04 to 2021-0335.9K KTCO2e
2007-04 to 2008-034.1 million tCO2e/year (Scope 1 and 2, excludes KeySpan)

Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.

βœ… Reported Environmental Achievements

🎯 Climate & Sustainability Targets

πŸ”œ Short-term

  • Reduce absolute Scope 1 and Scope 2 GHG emissions by 60% by 2030/31
  • Reduce absolute Scope 3 GHG emissions (excluding Sold Electricity) by 37.5% by 2033/34
  • Reduce SF6 emissions by 50% by 2030/31
  • Move to a 100% electric fleet for light-duty vehicles by 2030/31
  • Reduce energy consumption in flagship offices by 20% by 2030/31

πŸ“… Medium-term

  • Reduce the carbon intensity of power generation and sold electricity by 86% by 2033/34
  • Complete leak-prone pipe programs across regions by 2045/46
  • Support 50% of US suppliers by emissions to set a SBT decarbonisation roadmap by 2025/26
  • Support 80% of UK suppliers by emissions to set a formal science based target with the SBTi by 2025/26

πŸ”­ Long-term

  • Achieve net zero by 2050 for Scope 1, 2 and 3 emissions
  • Eliminate emissions from unabated fossil fuel power generation by 2040
  • 100% fossil-free heat by 2050/51

🌱 ESG Focus Areas

Climate Change

⚠️ Challenges & Risks +

  • Supply chain disruptions and higher material prices impacting Scope 3 emissions reduction
  • Policy and regulatory delays impacting the ability to achieve targets
  • Uncertainty in the extent of electricity demand growth
  • Uncertainty about what replaces the reduction in fossil fuel gas
  • Increased frequency of extreme weather incidents and changing long-term climate trends impacting assets

πŸ“‹ Report Information

Reporting Period: 2023-24
Frameworks: TCFD, GRI, SASB, EU Taxonomy
Assurance: Independent limited assurance of material metrics using ISAE 3000 (Revised) and ISAE 3410