The company is at the heart of one of the greatest challenges facing our society – delivering clean energy to support our world long into the future.
It is transforming the way it does business to provide a sustainable legacy as a result of its operations. By making a contribution and doing the right thing, it ensures that the business delivers enduring value to customers, investors, employees and society.
National Grid focuses on three areas that balance its responsibility for connecting everyone to the energy they use today, with the need to create sustainable energy solutions that underpin a successful society tomorrow. These areas are designing, preserving and inspiring for the future so that energy continues to play its critical role in all our lives.
National Grid has established pilot projects with suppliers to look at the benefits and costs of reusing redundant metallic assets, reducing the amount of new material needed. It has completed a successful pilot to reuse overhead line taken from the electricity network. In the future, it will extend these pilots to look at all its major asset types.
It also has an ongoing project to investigate the potential for increased reuse across the business, identifying existing barriers and how to overcome them. As members of the Major Infrastructure Resource Optimisation Group, National Grid shares best practices with other organisations.
Building and maintaining its networks to deliver the energy the country needs requires finite natural resources. This requires a rethink of how National Grid manages its assets through their full lifecycle.
The company works with all its stakeholders to promote the development and implementation of sustainable, innovative and affordable energy solutions; looking to develop systems for refurbishing and recommissioning assets. By designing assets for disassembly, reuse and remanufacture, it keeps the value of the asset - saving on the raw materials, energy and other valuable resources used in production.
National Grid has set itself an ambitious target to reuse or recycle 100% of recovered assets by 2020. Its work with the CE100 will help it to achieve its ambitions, build profitability and make a positive contribution to the environment and society.