Press release

04/09/24

Avangrid Recognized for Job Quality Performance by JUST Capital

Earned highest possible score in Employee Wellness and Training & Development on JUST Capital’s JUST Jobs Scorecard
JUST Capital is an independent nonprofit that measures and ranks corporate performance

ORANGE, Conn.  — April 9, 2024 — Avangrid, Inc. (NYSE: AGR), a leading sustainable energy company and a member of the Iberdrola Group, announced today that is has been named a Top Performer on JUST Capital’s JUST Jobs Scorecard. Avangrid earned top marks in the categories of Employee Wellness and Training & Development and earned an overall score well above the energy industry average.  

“Our people are our greatest asset,” said Pedro Azagra, Avangrid CEO. “By investing in their development and well-being, we’re investing in the future of our company. We recognize that prioritizing job quality also creates a positive ripple effect that extends to our customers, shareholders, and society at large. That is why I’m very pleased to see us perform so well on the JUST Jobs Scorecard. This will be a valuable tool to ensure we remain an employer of choice for top talent in the energy industry and beyond.”

JUST Capital is an independent nonprofit that measures and ranks corporate performance to help companies improve how they serve all their stakeholders. The JUST Jobs Scorecard is their new data-driven interactive tool to help companies prioritize investments in their workers. It creates a standard by assessing job quality performance on 31 data points across six key topic areas: Benefits, Employee Wellness, Hiring & Stability, Training & Development, Wages & Compensation, and Workforce Composition. The goal is that the Scorecard will help corporate leaders benchmark themselves against peers and explore where they can take action to improve. 

Avangrid earned the highest possible score in both Employee Wellness and Training & Development. The company attributes this to taking a “Total Health” approach to benefits and wellbeing with inclusive programs designed to support employees’ physical, financial, emotional and social health, as well as their families’, throughout various stages of life. This includes providing a leading 401(k) employer match, paid parental leave, a highly visible, multi-dimensional mental health strategy with a comprehensive employee assistance program, and fertility and family forming benefits. 

On the professional development side, Avangrid provides training opportunities for employees with a focus on leadership development and mentorship. This includes a training curriculum for all new people leaders to help them create inclusive environments and develop the skills and knowledge to effectively lead their teams. In 2023, Avangrid employees logged a total of 20,051 hours of leadership training and 13,260 online leadership course training hours.

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.