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01/14/2021

AVANGRID Marks New Year by Reaffirming Commitment to Diversity, Equity and Inclusion

AVANGRID Marks New Year by Reaffirming Commitment to Diversity, Equity and Inclusion

 

ORANGE, Conn. — Jan. 14, 2021 — As we welcome a New Year, AVANGRID (NYSE: AGR), a leading clean energy company, is reaffirming its commitment to a culture that is diverse, equitable and inclusive. This commitment starts at the top and extends throughout the company’s employee base and to its customers and into the community.

“Diversity is key to building a sustainable business model centered around ESG+F – stewardship of the Environment and Society, while maintaining prudent Governance practices and Financial strength,” said Dennis V. Arriola, CEO of AVANGRID. “Diverse perspectives drive innovation, resulting in better ideas, better products and better service for our customers and our communities. Our commitment is to empower those diverse perspectives in our workplace every day.”

To support its goals, AVANGRID is building on its 2020 efforts with the following initiatives in 2021:

  • Signed on to the Paradigm for Parity, joining a coalition of business leaders dedicated to addressing the corporate leadership gender gap and achieving full gender parity by 2030.
  • Signed on to the CEO Action for Diversity & Inclusion, which aims to rally the business community to advance diversity and inclusion within the workplace through a specific set of actions to cultivate a trusting environment where all ideas are welcomed, and employees feel comfortable and empowered.
  • AVANGRID’s Management Committee signed a letter reconfirming its commitment to a diverse and inclusive environment.
  • Enhanced AVANGRID’s benefits system to attract a diverse workforce, such as bringing on new vendors to support child-care and personal challenges faced by employees and their families.

“We strive to build and sustain a diverse workforce with a rich mix of differences, inclusive workplaces where each of us feel valued and connected, and equitable opportunities to grow and develop – no matter where we work. This vision ensures we will keep our diversity priorities top-of-mind during all business decisions and interactions,” said Arriola.

Last fall, Forbes JUST 100 recognized AVANGRID as one of America’s best corporate citizens, ranking number one within utilities for commitment to the environment and the communities the company serves.

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About AVANGRID: AVANGRID, Inc. (NYSE: AGR) is a leading, sustainable energy company with approximately $36 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.

 

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 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.

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