Participation in Associations
Avangrid has strong governance, processes, and controls in place to ensure that contributions and association memberships are aligned with the company’s overall corporate governance, purpose, and values.
The company decides whether to participate in entities and associations based on how such a group could support our priorities, including advancing energy transition, and the fight against climate change. In 2023, Avangrid participated in more than 240 associations and alliances. Click here to see the list. *
Alignment with Paris Agreement
Avangrid discloses association memberships and alignment with Avangrid’s climate change policies and targets that are aligned with above mention Statement and Paris Agreement goal for associations where the fees, relevance and impact are material. The determination of materiality is based on an assessment of the facts and circumstances but will generally include annual fees more than $500,000 for purposes of this reporting requirement.
Climate Analysis of Trade Associations
* Institutions that received fees more than $500,00: American Clean Power, American Gas Association, Edson Electric Institute and Electric Power Research Institute. Only ACP, AGA, and EE are classified as trade & industry associations- 501(c)(6) Business Leagues.
* Associations & alliances: include membership associations and international and national advocacy institutions that Avangrid participated in 2023, as chambers of commerce, coalitions, forums, committees, research alliances, councils, and networking group. Overall, they are classified as 501(c)(6) Business Leagues, 501(c)(3) Public Charity, 501(c)(4) Civic Leagues and Social Welfare Organizations, 501(c)(3) Private Non-Operating Foundation, among others.
