Stakeholders

 

Avangrid’s stakeholders

Avangrid’s stakeholders are those individuals, groups, or organizations that affect or could be affected by Avangrid’s activities. Our key stakeholders include customers, communities (including regulatory entities, social representatives, communities, and the media), our workforce, shareholders and the financial community, suppliers, and nature.

At the center of our decisions

Avangrid is committed to building meaningful and productive relationships with its stakeholders and views stakeholders as an integral part of its business operations.

The Stakeholder Engagement Policy outlines Avangrid’s purpose, principles and responsibilities in stakeholder engagement.

Principles of relationships with our stakeholders

As outlined in our Stakeholder Engagement Policy, our commitments include:

• act responsibly and build relationships based on ethics, integrity, and respect for all people and communities affected by Avangrid’s activities.
• ensure transparency in relationships and in communications, sharing truthful, relevant, complete, clear, reliable, and useful information.
• encourage the practice of active listening, promoting effective two-way communication as well as direct and constructive dialogue.
• encourage the participation and engagement of stakeholders in Avangrid’s activities.
• work towards consensus with stakeholders, especially with local communities, taking their viewpoints and expectations into consideration.
• promote collaboration with stakeholders, in alignment with Avangrid’s purpose and values.
• seek continuous improvement, regularly reviewing stakeholder engagement mechanisms to ensure efficient and relevant responses.

 

Avangrid leverages a stakeholder engagement model that seeks to increase transparency and understanding  and is aligned with international standards AA 1000 SES (2015) and best practice in sustainability indexes.

To learn more about recent progress and actions, we invite you to view our most current Corporate Responsibility Report. 

We also maintain Corporate Policies which describe our commitments and actions in more detail. These are part of our comprehensive Governance System which can be viewed on our website.