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Corporate Policies

Corporate Policies

Our Corporate Policies further develop the principles underlying the Corporate Governance System of Avangrid and contain the guidelines that govern the activities of the company and its subsidiaries, as well as its directors, managers, officers, and employees.

The following link provides access to the full text or a summary of the Avangrid Governance and Sustainability Systems.

FERC and CFTC Compliance

Supplementing the ethical compliance program, Avangrid Renewables also has a FERC and CFTC compliance office. This Office is an independent internal area reporting to the Board of Managers of the Company with accountability to manage the area of FERC and CFTC compliance for the purpose of the prevention and correction of any issues, such as perceived or actual misconduct, as defined by FERC and CFTC law. For compliance clarity, Avangrid Renewables publishes its Separation of Activities Protocol which can be found here: Separation of Activities Protocol and its Price Reporting Code of Conduct which can be found here: Price Reporting Code of Conduct.

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.