Company: NEWEN
Filing Date: 2025-11-06
Form Type: 6-K
Source: 0001654954-25-012622
Chunk: 11

Company: NATIONAL GRID PLC
Filing Date: 2025-11-06
Form: 6-K
Chunk 11
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 low-income customers. In our UK Electricity Distribution business last year we supported more than 21,000 customers to save £22 million through various support services including energy efficiency, tariff switching, debt support and boiler replacements. Our Community Matters Fund has awarded £7.5 million in grants to grassroots organisations, of which £5.5 million has supported community efforts to tackle fuel poverty and keep people warm since the beginning of RIIO-ED2, with a further £0.5 million of funding launched in October 2025.

The continued strong performance of our interconnector portfolio enabled the return of a further £39 millionto UK consumers this half-year, part of a total £316 million returned to reduce consumer bills in the last two and half years, with a further £110 million to be returned over the next one and half years resulting in a total benefit to customers of £426 million.

As outlined in our Climate Transition Plan, we recognise several policy and regulatory dependencies that must be addressed to support the decarbonisation of the wider energy sector and reduction of our own emissions. For instance, our Long Island generation facilities in the US are obligated to meet contractual commitments with the Long Island Power Authority (LIPA), which necessitate continued utilisation to meet demand amid third ‑party outages. Consequently, depending on usage during the second half of the year, we may see an annual increase in our Scope 1 greenhouse gas (GHG) emissions. We will remain vigilant, closely monitoring developments in the external environment and adapting our climate strategy as needed.

In May 2025, we published our updated Green Financing Framework (GFF) under which National Grid and its subsidiaries can issue Green Financing Instruments to fund our efforts towards a cleaner energy system.

The updated GFF is aligned with our strategic pillars and UN Sustainable Development goals, and it ensures closer alignment with the screening criteria of the EU Taxonomy. An amount equal to the net proceeds from the issuance of Green Financing Instruments are used to finance new or existing Eligible Green Projects from categories defined in the GFF. Moody’s provided a second party opinion on our updated GFF for which they attributed the highest attainable score, ‘SQS1 – Excellent’.

### Five-year financial framework
Our five-year financial framework is based on our continuing businesses, as defined by IFRS. This excludes the minority stake in National Gas Transmission, which was treated as a discontinued operation prior to being sold in September 2024, but includes contributions from Grain LNG until the point of disposal, and from the E