Company Directory - National Grid plc
Company Details - National Grid plc
National Grid plc
WebsiteLondon, United Kingdom
ISIN: GB00BDR05C01
National Grid plc is a British multinational electricity and gas utility company that delivers reliable power and gas supply across the United Kingdom and also operates electricity and gas transmission networks in parts of the United States.
CCI Score
CCI Score: National Grid plc
11.51
Latest Event
National Grid Affirms Grid Resilience During Heathrow Crisis
During an 18-hour disruption at Heathrow following a transformer failure, National Grid's CEO reaffirmed the reliability of the electricity transmission network, stating that alternative substations were available to power operations. The statement, made to the Financial Times, highlights the company’s commitment to transparent communication and robust infrastructure management in a critical moment.
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SABOTEUR
National Grid plc is currently rated as a Saboteur.
Latest Events
- MAR242025
During an 18-hour disruption at Heathrow following a transformer failure, National Grid's CEO reaffirmed the reliability of the electricity transmission network, stating that alternative substations were available to power operations. The statement, made to the Financial Times, highlights the company’s commitment to transparent communication and robust infrastructure management in a critical moment.
- FEB192025
OpenSecrets data reveals that while National Grid plc has not reported any outside spending in the 2024 election cycle, the data highlights a significant revolving door among its lobbyists, with many having previously held government positions. This dynamic raises concerns about the company's potential role in influencing political processes and indirectly supporting authoritarian practices.
-40
Political Contributions and Lobbying Efforts
March 22
National Grid plc has not reported outside spending in the 2024 cycle; however, its engagement in lobbying activities, combined with evidence of a revolving door (with a notable proportion of lobbyists having previously held government positions), suggests a problematic level of political entanglement that could facilitate undue influence in policy-making. Such practices are concerning from the standpoint of corporate complicity in undermining democratic processes.
-30
Executive Political Engagement
March 22
The data indicates that a considerable number of National Grid plc lobbyists have held government positions in recent years. This revolving door effect raises concerns about blurred lines between corporate interests and public service, potentially enabling undue political influence and undermining democratic accountability.
- JAN012025
National Grid plc has published its modern slavery statement detailing the steps it is taking to assess and mitigate risks of slavery and human trafficking within its business operations and supply chain. This transparency measure is aimed at addressing potential human rights abuses, though the details on actual implementation remain limited.
+40
Labor Relations and Human Rights Practices
March 22
National Grid plc’s modern slavery statement outlines efforts to assess and mitigate modern slavery and human trafficking risks in its business practices. While this measure promotes transparency and accountability in labor relations and human rights, the absence of detailed implementation steps means the positive impact is moderate.
+40
Supply Chain Ethics
March 22
The statement also covers supply chain ethics by recognizing potential risks of modern slavery and human trafficking within its supply chain. While the act of disclosure and risk assessment is a positive step, the lack of comprehensive action plans limits the score to a moderate positive rating.
- JAN012025
National Grid has published its guiding principles for lobbying and engagement with elected leaders, emphasizing transparency, board accountability, and a systematic review of aligned political and climate positions. While this disclosure promotes transparency, the inherent practice of corporate lobbying remains a channel for influencing political decisions, warranting moderate scrutiny from an anti-fascist perspective.
+30
Political Contributions and Lobbying Efforts
March 22
The disclosure outlines clear guiding principles for political engagement and lobbying practices, indicating a commitment to transparency and board oversight. However, corporate lobbying remains a mechanism that can be leveraged to shape policy in ways that may undercut democratic accountability, which is particularly concerning from an anti-fascist viewpoint. The overall moderate positive score reflects the balance between transparency and the problematic nature of political influence.
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