Avangrid Furthers Supplier Diversity Commitment by Joining National Veteran Business Development Council
23 July 2024 - 12:00AM
Business Wire
Partnership reinforces Avangrid’s support of
veteran-owned businesses
Avangrid, Inc. (NYSE: AGR), a leading sustainable energy company
and a member of the Iberdrola Group, announced today that it has
joined the National Veteran Business Development Council (NVBDC),
an organization dedicated to providing greater access and
opportunities for certified veteran-owned businesses across the
United States. This partnership reinforces Avangrid’s commitment to
supporting veteran entrepreneurs and fostering an inclusive and
diverse supply chain.
“At Avangrid, we're dedicated to creating a business environment
where diversity is not just welcomed, but celebrated,” said Pedro
Azagra, Avangrid CEO. “This new partnership with the National
Veteran Business Development Council illustrates that commitment
and is one of the many ways we can ensure our supply chain is as
dynamic and robust as the communities we serve. Our supplier
diversity program continues to grow each year and I expect our
engagement with NVBDC will only further our program by fostering
meaningful connections, driving innovation and contributing to the
economic growth of service-disabled and veteran-owned
businesses.”
As a corporate member, Avangrid will have access to NVBDC's
comprehensive database of certified veteran-owned businesses and
will participate in various NVBDC events, including networking
opportunities, educational workshops, and business matchmaking
sessions. This collaboration aims to enhance Avangrid's supplier
diversity initiatives while providing veteran business owners with
valuable opportunities to expand their businesses. NVBDC's rigorous
certification process ensures that veteran-owned businesses meet
the highest standards of excellence. This certification provides
corporate members like Avangrid with the confidence that they are
partnering with businesses that are not only veteran-owned but also
capable and reliable.
"We are honored to welcome Avangrid as our newest corporate
member," said Brigadier General (Ret) Richard Miller, president of
NVBDC. "Their commitment to sustainability and community aligns
perfectly with our mission to empower veteran business owners.
Together, we can create more opportunities and drive meaningful
change."
Avangrid's supplier diversity program is centered on creating an
inclusive and equitable environment that recognizes and values the
unique qualities of each individual. The program aims to promote
the participation of businesses owned by ethnic minorities, women,
service-disabled veterans, veterans, people with disabilities, and
LGBTQI+ individuals in the company's procurement process. Avangrid
believes that innovation thrives in diverse and inclusive settings
and has aligned its Diversity, Equity, and Inclusion strategy with
this belief by focusing on increasing representation, driving
opportunity, and building community. In 2023, Avangrid grew its
supplier diversity program and surpassed its diverse supplier spend
goal by 24%, achieving $284 million and creating a significant
economic impact.
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.
About NVBDC: The National Veteran Business Development
Council (NVBDC) is the original third-party authority for
certifying veteran-owned businesses. NVBDC provides a credible and
reliable certification process for veterans who own and operate
businesses, ensuring that corporate members have access to a
diverse and talented pool of veteran entrepreneurs. Learn how to
become an NVBDC Certified SD/VOB by visiting our website:
www.nvbdc.org or contacting us directly: (888) CERTIFIED.
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version on businesswire.com: https://www.businesswire.com/news/home/20240722348514/en/
Media Contact: Sarah Warren sarah.warren@avangrid.com
585-794-9253
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