Press release
Iberdrola Subsidiary Avangrid recognized as a Top Employer 2024 in the United States
The global authority on recognizing excellence in people practices endorses Avangrid’s talent management
Iberdrola becomes one of only two energy companies worldwide to obtain the certification
ORANGE, Conn. — September 5, 2024 — Avangrid, Inc. (NYSE: AGR), a leading sustainable energy company and a member of the Iberdrola Group, announced today that is has been certified as a Top Employer 2024 in the United States by Top Employers Institute. This certification showcases Avangrid’s dedication to a better world of work and exhibits this through excellent HR policies and people practices.
"We are honored to receive the Top Employer 2024 certification, which is a testament to Chairman Galán’s leadership and Avangrid's commitment to creating an environment where our employees can thrive and excel,” said Pedro Azagra, Avangrid CEO. “This recognition affirms our dedication to fostering a culture of innovation, diversity, and excellence, and we will continue to set the standard for best practices across the energy industry."
The Top Employers Institute program certifies organizations based on the participation and results of their HR Best Practices Survey, which examines six HR domains consisting of 20 topics across the business and employee lifecycle. The audit includes areas such as people strategy, work environment, recruitment and selection processes, learning, well-being and diversity and inclusion, among others.
In addition to Avangrid earning Top Employer 2024 in the United States, Iberdrola has been named an accredited Top Employer Europe. The company has been recognized as Top Employer 2024 in Spain, the United Kingdom, Germany, France and Italy for supporting the personal and professional development of its people and its innovative HR practices. Iberdrola becomes one of two energy companies worldwide that has the European certification of the Top Employers Institute, and one of four companies that are registered in Spain. Additionally, Iberdrola received the same certification in its operations in Brazil and Mexico.
“Exceptional times bring out the best in people and organizations,” said David Plink, Top Employers Institute CEO. “And we have witnessed this in our Top Employers Certification Program this year: exceptional performance from the certified Top Employers 2024. These employers have always shown that they care for the development and well-being of their people. By doing so, they collectively enrich the world of work. We are proud to announce and celebrate this year’s group of leading people-oriented employers: the Top Employers 2024.”
Established more than 30 years ago, Top Employers Institute is a global organization that distinguishes the best companies to work for based on excellence in people management. Through its HR Best Practices Audit, 2,300 companies in 121 countries have been certified as Top Employers, with more than 9 million people employed by these companies globally.
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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.