MASHINIi

National Grid plc.

NGG.US | Electric power generation, transmission and distribution

National Grid plc is an international electricity and gas company. It owns and operates regulated electricity and gas networks in the UK and northeastern US, connecting millions of people to vital energy sources. The company focuses on delivering electricity and gas safely, reliably, and efficiently...Show More

Ethical Profile

Mixed.

National Grid's ethical standing presents a mixed picture, particularly concerning technology and business practices. In 2023, a cyber incident allegedly exposed customer data, including names and account numbers, via a third-party vendor. Additionally, reports suggest the company removed components from its electricity transmission network in April 2023 due to cybersecurity concerns flagged by the National Cyber Security Centre. However, National Grid has made significant investments to address security and innovation, including $613 million in cybersecurity in 2021. The company also committed $100 million to invest in AI startups to advance the future of energy and partnered with the Alan Turing Institute to improve AI prediction methods for renewable energy forecasts. Regarding business integrity, National Grid reports that 81% of its capital expenditure aligns with EU Taxonomy principles, and approximately 75% of its ethical claims are independently verified. The company maintains a robust anti-corruption policy with risk-based training and detailed facilitation payment guidelines. While occasional warning letters are noted, National Grid has received no major regulatory fines in the past three years.

Value Scores

Better Health for All0
-100100
Fair Money & Economic Opportunity0
-100100
Fair Pay & Worker Respect0
-100100
Fair Trade & Ethical Sourcing0
-100100
Honest & Fair Business0
-100100
Kind to Animals0
-100100
No War, No Weapons-20
-100100
Planet-Friendly Business0
-100100
Respect for Cultures & Communities0
-100100
Safe & Smart Tech-30
-100100
Zero Waste & Sustainable Products0
-100100

Better Health for All

0

No evidence available to assess National Grid plc on Better Health for All.

Fair Money & Economic Opportunity

0

No evidence available to assess National Grid plc on Fair Money & Economic Opportunity.

Fair Pay & Worker Respect

0

No evidence available to assess National Grid plc on Fair Pay & Worker Respect.

Fair Trade & Ethical Sourcing

0

No evidence available to assess National Grid plc on Fair Trade & Ethical Sourcing.

Honest & Fair Business

0

No specific, concrete data points were found in the provided articles for any of the 'Honest & Fair Business' KPIs. The articles explicitly state that data is unavailable for regulatory fines, transparency index scores, whistleblower policies, financial restatements, audit coverage, ESG controversy scores, complaint resolution times, board conflict of interest percentages, anti-corruption policies, or third-party verification of ethical claims.

1

Kind to Animals

0

National Grid's core business as an electricity and gas network operator means that most animal welfare KPIs are not applicable, as the company does not produce animal-derived products, conduct animal testing, or engage in animal agriculture. While the company has undertaken initiatives to support wildlife, such as welcoming 20,000 honeybees to its Northboro facility

1
, installing two honeybee hives
2
, creating 1.6 acres of wildflower pollinator habitat in Pawtucket
3
, and enrolling in the Monarch Candidate Conservation Agreement with Assurances
4
, the provided articles do not contain measurable biodiversity impact or species recovery metrics required to score the wildlife conservation impact KPI.

No War, No Weapons

-20

National Grid's suppliers are required to adhere to the Conflict Minerals Rule

1
and a Supplier Code of Conduct,
2
which includes a commitment to the Real Living Wage.
3
The company performed a gap and risk assessment of human rights practices and controls against British Standards Institution guidance for all procurement categories.
4
These steps were acknowledged as 'Advanced' by the British Standards Institution (BSI).
5

Planet-Friendly Business

0

The provided articles do not contain specific, quantifiable data points regarding National Grid plc's corporate environmental performance, emissions, targets, or other sustainability metrics. Articles , , and are unavailable due to 404 errors.

1
,
2
,
3
focuses exclusively on residential energy efficiency programs and rebates for National Grid US customers, rather than the corporate sustainability performance of NGG.US.
4

Respect for Cultures & Communities

0

The provided articles primarily focus on National Grid's internal workforce diversity, equity, and inclusion initiatives, including gender, ethnic minority representation, and LGBTQ+ inclusion

1
,
2
,
3
. While these efforts contribute to a diverse workplace, they do not provide specific, quantifiable evidence directly relevant to the KPIs under the 'Respect for Cultures & Communities' ethical value. No information was found regarding formal partnerships with indigenous or local community groups, reinvestment in local community development, cultural appropriation incidents, cultural impact assessment protocols, local employment ratios, community grievance mechanisms, cultural preservation investments, indigenous supplier engagement, or cultural site protection measures. Therefore, no KPIs could be scored based on the evidence provided.

Safe & Smart Tech

-30

National Grid retains customer, supplier, and service provider data, along with health, safety, and competency records, for 6 years, and consultation feedback for 7 years.

1
Users are provided with rights to access, correct, erase, object to, and request data portability for their personal data.
2
In August 2023, a cyber incident involving a third-party vendor exposed customer names, contact information, account numbers, and basic usage information.
3
The company invested $613 million in cybersecurity in 2021.
4
In April 2023, National Grid removed components from Nari Technology from its electricity transmission network due to cybersecurity concerns, following advice from the National Cyber Security Centre.
5
The company also partnered with the Alan Turing Institute in 2019 to develop AI prediction methods for solar and wind turbine forecasts, which analyze historic data and 80 input variables.
6

Zero Waste & Sustainable Products

0

No evidence available to assess National Grid plc on Zero Waste & Sustainable Products.

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AI-generated analysis based on publicly available data. Not financial advice. Ratings are expressions of opinion derived from automated models and may contain inaccuracies. See our Risk Disclosure for full details.