Press Releases
Climate Change & Decarbonization
Climate Change & Decarbonization
Climate change is a serious threat and one of the most significant challenges of the 21st century. Scientific evidence shows that greenhouse gas emissions have accelerated global warming and that action to address climate change must occur. In alignment with the Paris Agreement as well as goal seven (Affordable and Clean Energy) and goal thirteen (Climate Action) of the U.N. Sustainable Development Goals, Avangrid seeks to contribute actively and decisively to a low-carbon and sustainable future by supporting and promoting actions that address climate change, recognizing that such efforts must be compatible with social and economic growth.
From reducing our own carbon footprint to working with our partners and suppliers to do the same, to enabling our customers to adopt more efficient, renewable and lower-emitting technologies, we are committed to Scope 1, 2, and 3 emissions reductions and to helping our communities transition to a clean energy economy that includes increased electrification of vehicles and heating systems.
Our Corporate Policies describe in more detail our Environmental, Social, and Governance commitments and principles, and are part of our comprehensive Governance and Sustainability System.
To learn more about Avangrid’s progress in the above areas, we invite you to view our Scorecards or read through our most recent Sustainability Report.
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.
