Press Releases
03/18/2026
Avangrid Named as One of the World’s Most Ethical Companies for the 8th Consecutive Year
Avangrid Named as One of the World’s Most Ethical Companies for the 8th Consecutive Year
Ethisphere’s annual recognition honors organizations committed to business integrity through robust ethics, compliance, and governance programs
ORANGE, CONN — March 18, 2026 — Avangrid, Inc., a leading energy company and member of the Iberdrola Group, announced it has been recognized as one of the 2026 World’s Most Ethical Companies ® by Ethisphere, a global leader in defining and advancing the standards of ethical business practices. Avangrid has been recognized eight years in a row and is one of only five honorees in the Energy & Utilities industry.
“Being recognized as one of the World’s Most Ethical Companies® for eight consecutive year is a powerful affirmation of who we are as a company,” said Jose Antonio Miranda, Avangrid CEO. “We are proud to be leading with the highest level of integrity as we drive the energy industry forward.”
“Congratulations to Avangrid for achieving recognition as one of the World’s Most Ethical Companies®. As we mark the 20th class of honorees, this group continues to raise the bar for business integrity by embedding ethics into everyday decision-making and long-term strategy. Companies with strong ethics, compliance, and governance programs are built for better long-term performance,” said Erica Salmon Byrne, Ethisphere’s Chief Strategy Officer and Executive Chair.
The World’s Most Ethical Companies assessment is grounded in Ethisphere’s proprietary Ethics Quotient®, which requires companies to provide 240+ documented proof points on practices that support robust ethics and compliance, including: corporate governance; program structure & resourcing; written standards; training, awareness, & communication; risk assessment & auditing; investigations, enforcement, discipline & incentives; measurement of ethical culture; third-party risk management, and environmental & social impact.
To view the full list of this year’s honorees, please visit the World’s Most Ethical Companies website: https://worldsmostethicalcompanies.com/honorees.
About Avangrid: Avangrid, Inc. is a leading energy company in the United States working to meet the growing demand for energy for homes and businesses across the nation through service, innovation, and continued investments by expanding grid infrastructure and energy generation projects. Avangrid has offices in Connecticut, New York, Massachusetts, Maine, and Oregon, including operations in 25 states with approximately $48 billion in assets, and has two primary lines of business: networks and power. Through its networks business, Avangrid owns and operates seven electric and natural gas utilities, serving more than 3.4 million customers in New York and New England. Through its power generation business, Avangrid owns and operates more than 80 energy generation facilities across the United States producing more than 10.5 GW of power for over 3.1 million customers. Avangrid employs approximately 8,000 people and has been recognized by JUST Capital as one of the JUST 100 companies – a ranking of America’s best corporate citizens – in 2025 for the fifth consecutive year. The company was named among the World’s Most Ethical Companies in 2025 for the seventh 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.
