Avangrid Named Most Sustainable Company in the Clean Energy Industry by World Finance
25 June 2024 - 11:00PM
Business Wire
Honored for sustainability commitments and
clean energy investments
Avangrid, Inc. (NYSE: AGR), a leading sustainable energy company
and a member of the Iberdrola Group, announced today it has been
named Most Sustainable Company in the Clean Energy Industry by
World Finance, an international publication specializing in the
financial industry. This is the second consecutive year that
Avangrid has been honored by World Finance for sustainability
leadership.
“Avangrid’s journey continues with a clear vision: advance a
fair and inclusive clean energy transition for all,” said Pedro
Azagra, Avangrid CEO. “Receiving recognition from World Finance for
our sustainability initiatives for a second consecutive year is a
testament to our unwavering dedication to decarbonization. In
alignment with the Iberdrola Group, we will continue to advance our
commitments, ensuring the well-being of our communities and our
planet for generations to come.”
Since 2019, World Finance has presented its Sustainability
Awards to companies who put green values at the forefront of their
business operations and show true commitment to cutting emissions
across their company’s entire value chain. To earn the title of
2024 Most Sustainable Company in the Clean Energy Industry, the
judges reviewed Avangrid’s sustainability commitments, clean energy
investments, and diversity, equity and inclusion efforts.
Avangrid was selected for its significant progress in its
sustainability efforts over the last year, including achieving 8.7
GW of installed emissions-free capacity, and its economic and
community impact, having supported approximately 70,000 U.S. jobs
and contributed an estimated $10 billion to the country’s GDP. The
panel also recognized Avangrid’s diversity and inclusion milestone
of reaching its aspirational goal of having 35% women in executive
positions.
For more information on Avangrid’s sustainability commitments,
click here to read the company’s 2023 Sustainability Report.
About Avangrid: Avangrid, Inc. (NYSE: AGR) aspires to be
the leading sustainable energy company in the United States.
Headquartered in Orange, CT with approximately $45 billion in
assets and operations in 24 U.S. states, Avangrid has two primary
lines of business: networks and renewables. Through its networks
business, Avangrid owns and operates eight electric and natural gas
utilities, serving more than 3.3 million customers in New York and
New England. Through its renewables business, Avangrid owns and
operates a portfolio of renewable energy generation facilities
across the United States. Avangrid employs approximately 8,000
people and has been recognized by JUST Capital as one of the JUST
100 companies – a ranking of America’s best corporate citizens – in
2024 for the fourth consecutive year. In 2024, Avangrid ranked
first among utilities and 12 overall. The company supports the
U.N.’s Sustainable Development Goals and was named among the
World’s Most Ethical Companies in 2024 for the sixth consecutive
year by the Ethisphere Institute. Avangrid is a member of the group
of companies controlled by Iberdrola, S.A. For more information,
visit www.avangrid.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20240625012722/en/
Media Contact: Sarah Warren sarah.warren@avangrid.com
585-794-9253
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