Press release
Avangrid Named One of America’s Most JUST Companies by JUST Capital and CNBC
Avangrid ranked on prestigious JUST 100 list for the fifth consecutive year
JUST Capital’s ranking of America’s most JUST companies is the only corporate ranking based on the priorities of the American public
ORANGE, Conn. — February 5, 2025 — Avangrid, Inc., a leading energy company and member of the Iberdrola Group, today announced that it was recognized for the fifth consecutive year on the annual JUST 100 – a list of America’s best corporate citizens published by JUST Capital and its media partner, CNBC. Avangrid’s continued presence on this prestigious list is indicative of its commitment to serving to all stakeholders, including employees, customers, communities, and the environment.
Avangrid ranked #4 for the utility industry, earning high scores in key areas such as workforce development, fair wages, ethical leadership, pollution reduction, and climate commitments.
“We are honored to once again be recognized by JUST Capital as one of America’s most JUST companies,” said Pedro Azagra, Avangrid CEO. “We are committed to fostering an exceptional workplace for Avangrid’s 8,000 employees who work from coast to coast serving customers and communities, while delivering reliable power to families and businesses. This recognition is a testament to that dedication across our organization—from human resources and procurement to customer service and communications. The entire Avangrid team puts our core values into practice daily.”
Each year, JUST Capital begins by polling the American public on a fully representative basis on their priorities for business behavior. It then evaluates how the largest corporations in the country perform against those criteria. Leading companies are recognized for their performance on top priority issues such as: paying fair, living wages; supporting worker well-being; career advancement, training, and work-life balance; communicating transparently; strengthening communities; ethical leadership; and treating customers fairly.
“Performance expectations for business leaders today are sky high. The JUST 100 demonstrates how companies can create value for their investors, their key stakeholders, and America more broadly by focusing on core business operations,” said JUST Capital CEO Martin Whittaker. “At the end of the day, it doesn’t have to be that complicated. It’s just business.”
The JUST Capital 2025 Rankings of America’s Most JUST Companies and JUST 100 List celebrate top-performing Russel 1000 companies that are demonstrating leadership in responding to the needs of the American people. This year’s list was compiled before Avangrid was fully acquired by its parent company, Iberdrola S.A., and de-listed from the New York Stock Exchange.
To produce the 2025 Rankings, JUST evaluated 940 companies across 36 industries, 17 Issues, and 88 raw data points
Media Contact
For media inquiries, email: corporatecommunications@avangrid.com
About Avangrid: Avangrid, Inc. is a leading U.S. energy company investing in grid infrastructure and power generation projects to deliver reliable energy and meet growing electricity demand. With approximately $50 billion in assets and operations across 25 states, Avangrid is helping modernize the U.S. electric grid, improve system resiliency, and support economic growth for the customers and communities it serves.
Avangrid owns and operates seven electric and natural gas utilities, serving more than 3.4 million customers in New York and New England. Avangrid also has nearly 100 energy generation facilities across the United States and more than 11 gigawatts of installed capacity. Avangrid has more than 8,300 employees and was named among the World's Most Ethical Companies in 2026 for the eighth consecutive year by the Ethisphere Institute. Avangrid is a member of the Iberdrola Group.
About Iberdrola: With a market capitalization of more than €140 billion, Iberdrola is the largest electricity company in Europe and one of the two largest in the world. The Group serves more than 100 million people around the world and has a workforce of 45,400 employees and assets of €165 billion. In 2025, Iberdrola posted a record net profit of €6.3 billion. The company contributes close to €10.4 billion in taxes in the countries where it operates and supports more than 500,000 jobs throughout its supply chain, thanks to €13.2 billion in purchases from tens of thousands of suppliers.
Since 2001, Iberdrola has invested more than €175 billion in electricity networks, renewable energy and energy storage to help create an energy model based on electrification. The company has close to 1.4 million km of electricity networks in the United States (the states of New York, Connecticut, Maine and Massachusetts), the United Kingdom (Scotland, England and Wales), Brazil (the states of Bahia, Rio Grande do Norte, Pernambuco, São Paulo and Mato Grosso do Sul, as well as Brasilia) and Spain, as well as 57,000 MW of capacity worldwide, of which more than 46,000 MW is renewable.
