Press Releases
08/19/2020
Avangrid Foundation Releases Annual Impact Report 2019
Avangrid Foundation Releases Annual Impact Report 2019
Avangrid Foundation Releases Annual Impact Report
Foundation donated $3.2 million and partnered with more than
300 organizations in 2019
ORANGE, Conn. — Aug. 19, 2020 — The Avangrid Foundation, the primary philanthropic arm of sustainable energy company AVANGRID, Inc. (NYSE: AGR), today released its 2019 Annual Impact Report, chronicling its efforts to help those in need and build sustainable communities.
The Avangrid Foundation invested more than $3.2 million and partnered with more than 300 organizations through direct and matching gift programs in 2019. Building on longstanding partnerships and initiatives across the 24-state AVANGRID company footprint and beyond, the “Energized for Good” report features stories about the environment, preserving cultural and artistic heritage, advancing education, and improving the lives of people where AVANGRID does business.
“The Avangrid Foundation’s work is helping create a healthier, more equitable and sustainable future for people and communities, and it’s possible because we’re deeply rooted in the places we serve,” said Nicole Grant, the Avangrid Foundation Executive Director. “Even in uncertain times, forging partnerships with grassroots and global organizations is how we execute a vision to make meaningful social impact.”
From strategic partnerships with the American Red Cross, Habitat for Humanity, RAINN, and the National Fish and Wildlife Foundation to employee-nominated community grants in Maine, Massachusetts, Connecticut, New York, South Dakota and Oregon, the Foundation’s giving is anchored by the U.N. Sustainable Development Goals.
The report is available here.
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About Avangrid Foundation: The Avangrid Foundation is an independent, nonprofit organization that funds philanthropic investments that primarily impact communities where AVANGRID, Inc. and its subsidiaries operate. Since 2002, the Avangrid Foundation and its predecessors have invested more than $24 million in partnerships that focus on building sustainable, vital and healthy communities; preserving cultural and artistic heritage; advancing education; and improving people’s lives. The Avangrid Foundation is committed to advancing the United Nations Sustainable Development Goals in the United States. For more information, please visit www.avangridfoundation.org.
About AVANGRID: AVANGRID, Inc. (NYSE: AGR) is a leading, sustainable energy company with approximately $35 billion in assets and operations in 24 U.S. states. With headquarters in Orange, Connecticut, AVANGRID has two primary lines of business: Avangrid Networks and Avangrid Renewables. Avangrid Networks owns eight electric and natural gas utilities, serving more than 3.3 million customers in New York and New England. Avangrid Renewables owns and operates a portfolio of renewable energy generation facilities across the United States. AVANGRID employs approximately 6,600 people. AVANGRID supports the U.N.’s Sustainable Development Goals and was named among the World’s Most Ethical Companies in 2019 and 2020 by the Ethisphere Institute. For more information, visit www.avangrid.com.
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About Avangrid: Avangrid, Inc. (NYSE: AGR) aspires to be the leading sustainable energy company in the United States. Headquartered in Orange, CT with approximately $44 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 in 2021, 2022, 2023 and 2024 as one of the JUST 100 companies – a ranking of America’s best corporate citizens. 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 Iberdrola: Iberdrola is one of the world's biggest energy companies and a leader in renewables, spearheading the energy transition to a low carbon economy. The group supplies energy to almost 100 million people in dozens of countries. With a focus on renewable energy, smart networks and smart solutions for customers, Iberdrola’s main markets include Europe (Spain, the United Kingdom, Portugal, France, Germany, Italy and Greece), the United States, Brazil, Mexico and Australia. The company is also present in growth markets such as Japan, Taiwan, Ireland, Sweden and Poland, among others.
With a workforce of nearly 40,000 and assets in excess of €141.7 billion, across the world, Iberdrola helps to support 400,000 jobs across its supply chain, with annual procurement of €12.2 billion. A benchmark in the fight against climate change, Iberdrola has invested more than €130 billion over the past two decades to help build a sustainable energy model, based on sound environmental, social and governance (ESG) principles.
