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AVANGRID Launches 2021 Sustainability Report: “Accelerating Transformation”

AVANGRID Launches 2021 Sustainability Report: “Accelerating Transformation”

AVANGRID, Inc. (NYSE: AGR), a leading sustainable energy company, today released its 2021 Sustainability Report, titled “Accelerating Transformation.” The report tracks and highlights AVANGRID’s sustainability results towards its environmental, social, governance and financial stewardship – or ESG+F – commitments and how these actions are creating a clean energy future.

“We take great pride in our ESG+F leadership and it is a part of everything we do,” said Laney Brown, Vice President of Sustainability at AVANGRID. “This report reflects the culmination of our sustainability efforts and leadership during 2021, our continued work to accelerate the transition to a clean energy future and our push to achieve our company’s bold and visionary climate and social impact goals. We’re proud of what we accomplished in 2021 and will continue to evolve and accelerate our commitments.”

Among the 2021 achievements highlighted in the report:

  • Avangrid Networks invested $2.2 billion to build a more reliable, resilient energy system that will support the clean energy future.
  • AVANGRID invested more than $90 million in innovation projects, such as its substation automation program, grid analytics big data roadmap and robotic process automations for customer service.
  • Avangrid Renewables began construction on Vineyard Wind 1, the first commercial-scale offshore wind project in the U.S., which will be built with union labor.  
  • Avangrid Renewables was awarded the largest offshore wind project in New England – Commonwealth Wind – which, upon completion, will deliver 1.23 GW of clean capacity to customers.
  • AVANGRID established a new sustainability organization led by the company’s new Chief Sustainability Officer, who reports to the CEO.
  • The company expanded several programs to support employees and their families, including new Paid Parental Leave Policy, mental health resources and fertility and family-forming care and coverage.
  • AVANGRID was once again recognized by JUST Capital on its 2021 JUST 100 List, a list of America’s best corporate citizens, and by Ethisphere as one of the 2021 World’s Most Ethical Companies.

In addition to highlighting the company’s 2021 achievements, the Sustainability Report outlines AVANGRID’s ESG goals, which include achieving scope 1 carbon neutrality by 2035, increasing installed renewable energy capacity by 100% by 2025 (compared to 2015), achieving full gender parity for women in senior leadership roles by 2030 and reaching 35,000 employee volunteer hours in 2025.

AVANGRID is among the cleanest U.S. energy companies and is the third largest wind and solar operator in the county. Earlier this year, it was one of the first energy companies to accept the U.S. Department of Energy’s Better Climate Challenge to reduce scope 1 and 2 greenhouse gas emissions by at least 50% in 10 years.

About Avangrid

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


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.

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