National Grid is subject to the UK Corporate Governance Code 2014 (the Code). The Code sets out principles and provisions relating to the good governance of listed companies.
The Board considers that it complied in full with the provisions of the Code during the financial year being reported. See pages 46 to 67 for the Corporate Governance report of the Annual Report and Accounts 2015/16.
Key documents, policies and other information including Articles of Association and Terms of Reference
We aim to develop and operate our business with an inclusive and diverse culture, with equal opportunity in recruitment, career development, training and reward.
The Company is listed on the NYSE and is therefore required to disclose differences in its corporate governance practices adopted as a UK listed company, compared with those of a US company.The corporate governance practices of the Company are primarily based on the requirements of the UK Corporate Governance Code (the Code) but substantially conform to those required of US companies listed on the NYSE. The following is a summary of the significant ways in which the Company’s corporate governance practices differ from those followed by US companies under Section 303A Corporate Governance Standards of the NYSE.