It’s important that we manage the land we own in ways that deliver the greatest value to us and our stakeholders, and to the wider environments in which we operate.
We’re working with local communities and stakeholders to make the best of our green spaces, minimise our environmental impact, and benefit local habitats and ecosystems.
By taking a collaborative approach, we’re delivering significant benefits, including improved biodiversity and habitats. We’re building national partnerships with groups like the Wildlife Trusts and the British Beekeeping Association so that we make the most of every site and opportunity.
We’re working towards the following target, so we can make a significant and meaningful impact:
As a significant landholder, the more we work with our neighbours and partners to improve our land management, the bigger the contribution we’ll make to improving the state of nature in the UK – and delivering positive returns for our business and wider stakeholders.
Case Study: Enhancing nature at Ambergate
Through close collaboration with local communities and stakeholders, we are energising the natural potential of our Ambergate site.
Ambergate, next to our Gas Pipeline Maintenance Centre in Derbyshire, consists of 77 hectares of operational and non-operational land.
Part of the site had been identified as a local nature reserve and was chosen by Natural England to become part of a new Site of Special Scientific Interest (SSSI), Crich Chase.
What we're doing
We felt that existing management methods weren’t enough to protect and preserve the important ecological value of the site.
So we worked with stakeholders, including Derbyshire Wildlife Trust (DWT), farmers, Natural England and community representatives to put together a five-year management plan. This encourages the long-term improvement of the site and promotes public access.
Since the plan was put in place, we’ve seen an increase in species diversity and associated biodiversity across the site, along with a general improvement in its condition.
Mark Taylor, from Natural England said: “This project with National Grid and the Wildlife Trust is an example of a partnership delivering the environmental outcomes we are all working towards. This is a great success and will protect the site well into the future.”
According to our capital valuation tools, the natural capital value of the land was originally £365,000. And we estimate that our collaboration on this project will result in an increase of around £255,000 over the next 30 years. We have made a financial investment in the project, which shows a strong cost/benefit ratio of 6:1.