Press Releases
06/16/2021
Cyber-Security
Cyber-Security
In today’s global landscape, cybersecurity has become more integral to Avangrid’s business proposition than ever before. Global wars, supply-chain disruptions, the acceleration of emerging technology, and physical acts of sabotage against the grid all point to a dynamic threat environment that is rapidly quickly expanding.
Despite these growing challenges, Corporate Security remains squarely focused on proactively positioning Avangrid to reduce risk, both today and in the months and years to come.
This includes Avangrid’s continued pursuit of a “best in class” security program, underpinned by a robust, enterprise-wide cyber risk management program.
Cyber hygiene best practices remain a critical element of Avangrid's cybersecurity posture, so Corporate Security continues to prioritize fostering a culture of security throughout the organization. The Training and Awareness program provides the recognition and education needed to minimize employee practices that could expose the company to cyber and physical security risks. Training and awareness is provided through our annual mandatory trainings, in-person meetings and webinars, various internal communication channels, and regular phishing simulations.
Along with cybersecurity training for our employees and contractors, we have expanded training to include targeted and specialized training, including cybersecurity training for our Board of Directors. This helps support our position in ensuring best practices in corporate governance.
Our Corporate Governance Policies describe in more detail our Risk Management 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 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.
