AECOM and National Grid
National Grid is an electricity and gas company connecting consumers to energy through its networks. In light of its extensive property portfolio, National Grid’s sustainability strategy has a commitment to enhancing natural assets on its land.
AECOM is a fully-integrated engineering, construction and environmental services organisation, with the capability to provide a range of environmental consultancy services, including natural capital accounting and environmental economics.
AECOM and National Grid have developed an approach to value natural capital on National Grid’s land and model how different management scenarios impact on these values. This supports targeted, site level investments in natural capital and provides evidence for the business case for finance team approval. To date, the approach has secured investment to maintain and enhance the existing natural assets at two sites.
The approach has supported the translation of natural capital accounting into a context that resonates with business stakeholders, informs strategy, and supports effective decision-making.