Group RoE increased during the year to 12.3%, from 11.7% in 2016/17. The UK regulated businesses delivered a solid operational return of 12.1% in aggregate (2016/17: 13.1%), including an assumption of 3% long-run average RPI inflation. The US operational return of 8.9% was up on last year’s 8.2%, as the US business delivered a 20% increase in underlying operating profit (at constant currency), reflecting increased revenues from new rate plans in MECO, KEDNY and KEDLI.

A target for Group RoE is included in the incentive mechanisms for certain Executive Directors’ remuneration within both the APP and the Long Term Performance Plan LTPP. You can find more information in our Directors’ remuneration on pages 63-79.

Climate change This is a measure of our reduction of Scope 1 and Scope 2 greenhouse gas emissions of the six primary Kyoto greenhouse gases. 
Our target is to reduce our greenhouse gas emissions by 45% by 2020, 70% by 2030, and 80% by 2050, compared with our 1990 emissions of 21.6 million tonnes. 


What are the targeted emmission reductions?
answer like:
year: XXXX reductions: XX% of year YYYY Repeat the request word for word before giving your answer.
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