The coming decades are critical to limiting the impacts of climate change. Already, we are living through the consequences of global warming, with extreme weather events and climate-related disasters occurring more frequently around the world. As a leading energy company driven by a strong commitment to serve society, we have aligned our Driven to Make a Difference: Net Zero by 2040 strategy to deliver the urgent action required. By decarbonising our electricity system and using that clean power to replace fossil fuels in sectors such as heat and transport, the electricity system will be a key enabler of a zero-carbon energy system.
We are developing and connecting renewable energy to decarbonise the electricity system by 2040. We are investing in the development of new renewable generation, including onshore and offshore wind and solar, and significantly increasing the amount of renewable generation connected to our electricity networks.
We are investing in infrastructure to maintain reliable and secure electricity supplies, facilitating the high levels of renewable generation and to support a growing dependence on electricity across all sectors. We are developing smarter, more resilient networks to accommodate the electrification of transport and heating as well as critical energy storage capacity.
We are empowering, enabling and supporting customers and communities to achieve net zero carbon emissions. This reflects our longstanding commitment to providing the latest and most innovative infrastructure, products and services to help our customers live more efficiently and sustainably.
Driven to Make a Difference: Net Zero by 2040 has been developed using our strategy framework which ensures that actions and decisions are consistent with our purpose and values. Organisational alignment with the strategy will be achieved through our Integrated Business Planning (IBP) process, which aligns strategic, financial and people-planning at Group and Directorate/Function-level.
Our strategy directly supports UN Sustainable Development Goals 7,9 and 13.
We are creating a flexible, values-based and inclusive culture that empowers people to deliver results and achieve their potential.
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We are maintaining the financial performance and strength required to invest in a zero-carbon future.
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We are stepping forward on social and environmental responsibility by cultivating a safe, sound and sustainable ethos in line with our values.
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We are leveraging data and digital technologies to enhance our people and customer experiences, and create smarter, more efficient infrastructure and products.
