Press Releases
Economic Development
Economic Development
We believe that business can help build a better society, and that’s why, at AVANGRID, we are committed to investing in positive social impact – from corporate giving to employee volunteerism. In 2021 we took a more holistic focus on our social impact work, and we’ll continue to build on this approach in 2022 through our Corporate Citizen program. Our new approach supports a broader view of how AVANGRID serves our communities, customers and stakeholders.
In 2021 our companies made significant investments in our communities through corporate investment and economic development funds. These efforts combined supported a broad range of nonprofit programs focused on creating positive social impacts throughout 2021, as described below.
Diversity, Equity and Inclusion
• $398,000* donated in 2021 to support a range of local nonprofits providing essential services to help underserved communities.
Food Security
• $309,000 donated in 2021 to local food banks and statewide nonprofits addressing food scarcity in the communities we serve.
• Our donations helped these organizations provide more than 270,000 meals to individuals and families and 4,800 take-home backpacks with essential meals for children in need.
Habitat for Humanity
• $142,250* donated to support Habitat for Humanity’s work in 2021.
• 72 of our employees also volunteered 468 hours across nine Habitat for Humanity build locations in local communities.
American Red Cross Disaster Responders
• $329,000* donated to support the critical disaster response work of the American Red Cross, including $14,000 through Energized for Good employee giving.
• 61 pints of blood donated by employees to help address the worst blood shortage in 10 years.
Education
• $313,200* to support the work of colleges and universities, school districts, high schools and arts programs in public schools.
• $106,000 to support organizations helping to advance literacy and create greater access to education and opportunity as a result.
Biodiversity
• $341,000 to support organizations engaged in critical land preservation work tied to biodiversity.
• $487,500 to organizations focused on wildlife preservation.
• $122,000* to organizations protecting water related ecosystems.
United Way
• $154,400* to local United Way chapters.
• $53,500 through Energized for Good employee donations.
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.
