Press Releases
02/21/2024
Nasdaq’s Times Square Tower Honors Avangrid’s Top JUST 100 Ranking
Nasdaq’s Times Square Tower Honors Avangrid’s Top JUST 100 Ranking
Avangrid ranked top utility and 12 overall on list of America’s best corporate citizens
ORANGE, Conn. — February 21, 2024 — Avangrid, Inc. (NYSE: AGR), a leading sustainable energy company and a member of the Iberdrola Group, was honored today on Nasdaq’s Times Square Tower for the company’s recent leading rank on JUST Capital’s annual JUST 100 list. Avangrid earned the top rank among utilities on the 2024 lists and ranked 12 overall.
“It is an incredible honor to be highlighted for our recent JUST 100 ranking on the Nasdaq Tower in New York City,” said Pedro Azagra, Avangrid CEO. “Our team prioritizes ethical and just business practices every day—whether we’re working to build the nation’s first large-scale offshore wind project or to deliver safe and reliable power to more than 3.3 million customers across the northeast. This recognition is a testament to the Avangrid team.”
To receive the number one ranking in the utility industry, Avangrid earned leading scores on key issues, such as human rights, community development, ethical leadership, customer treatment, transparent communication, beneficial products, climate change, workforce advancement, and sustainable materials.
The JUST 100 Rankings are the only measure of how the nation’s largest corporations are performing on the business issues that matter most to Americans. The issues – which include paying a fair, living wage, creating jobs in the U.S., supporting workforce retention and training, providing benefits and work-life balance, protecting customer privacy, minimizing pollution, and more – are defined annually by an extensive nationwide polling process done on a fully representative basis. The top 100 companies – the JUST 100 – are determined by scoring performance across the full range of criteria and comparing companies head-to-head.
Read more about Avangrid’s 2024 JUST 100 ranking here.
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.