The annual report on the most valuable utilities brands.
State Grid, the electric utility giant from China, has made a commanding entrance to the Brand Finance Utilities 50 league table. With a brand value of US$40.9 billion, over four times more than France’s EDF, it is by far the most valuable uitlity brand in the world.
The success of Chinese brands can be attributed to the government policy of promoting green and renewable energy solutions. As China takes on a global leadership role, also in environment protection, corporate brands benefit from the momentum. The largest of Chinese utilties brands, State Grid, is leading the way with its commitment to greener solutions, setting an example of a responsible approach that other global players can follow.
David Haigh, CEO, Brand Finance